602 E Lester Street

    Tucson, AZ 85705
    • $550,000
    • STATUS: Active
    • ID#: 21918294
    New
    UPDATED: 18 min ago
    $550,000
    • 0
      BEDS
    • 4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,808
      SQFT
    • $144
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1979
    County:
    Area:

    School Ratings & Info

    Courtesy of S J Fowler Real Estate Inc.

    Description

    Five unit apartment complex just a few blocks north of the University. Quiet and well maintained (mostly grad students) large corner lot with off street parking. Comprised of two buildings with a center courtyard. All units are 2/1 floor plans with covered patios and include plank vinyl and ceramic flooring, fireplace in the living room, kitchen with washer and dryer and central AC/heat. All leases are expiring this month and the owner is in the process of signing new leases at $850 per unit. One of the tenants has the role of site manager and keeps the grounds clean and performs minor maintenance. Package is attached under documents.

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    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-07-17T19:06:26.147.
    The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Long Realty Company are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.arizonahomesearch.com/homes/96763115

    602 E Lester Street Tucson, AZ 85705

    • Price: $550,000
    • Status: Active
    • Updated: 18 min ago
    • ID#: 21918294
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4
    Acres
    3,808
    SQFT
    $144
    $/SQFT
    1979
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    Five unit apartment complex just a few blocks north of the University. Quiet and well maintained (mostly grad students) large corner lot with off street parking. Comprised of two buildings with a center courtyard. All units are 2/1 floor plans with covered patios and include plank vinyl and ceramic flooring, fireplace in the living room, kitchen with washer and dryer and central AC/heat. All leases are expiring this month and the owner is in the process of signing new leases at $850 per unit. One of the tenants has the role of site manager and keeps the grounds clean and performs minor maintenance. Package is attached under documents.
    Exterior Features

    Construction Concrete Block Parking Private Parking Roof Built-Up

    Interior Features

    Main Cooling Ac Central Main Heating Heat Pump Water Heater Electric

    Property Features

    Analysis Cap Rate Percent 6.26 Analysis Vacancy Rate Percent 2.00 Assessments 0.00 Country Usa Expenses Figures Presented Actual Expenses Insurance 2678.00 Expenses Maintenance Supplies 255.00 Expenses Management 3334.00 Expenses Taxes Assessments 3512.00 Expenses Water Sewer 3435.00 Fema Flood Zone No Fire Protection Included in Taxes Income Gross Scheduled Rent 48600.00 Income Net Opp Income 47628.00 Income Vacancy Loss 972.00 Lot Dimensions 120X154 Lot Sqft 17424.00 Municipal Flood Zone No Municipality Zoning Tucson - R2 Property Sub Type Apartment Sewer Connected Short Sale No Source Of Sqft Assessor Tax Year 2018 Taxes 3512.00 Water City

    Listing provided courtesy of S J Fowler Real Estate Inc. Listing information © 2019 MLS of Southern Arizona.


    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-07-17T19:06:26.147.
    The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Long Realty Company are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
    Long Realty Company
    4051 E. Sunrise Dr, Suite 101
    Tucson AZ, 85718
    Courtesy of S J Fowler Real Estate Inc.