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1487 E Hampton St, Tucson, AZ 85719

$1,144,000
Last sold 12/12/2017 for $680K
8
bed
4
bath
2,967
Sqft ($229/Sqft)

Multi-family not for sale

70 homes bought nearby with Movoto recently

About 1487 E Hampton St

Property type Multi-family

Neighborhood

Year built 1939

HOA fee $0/month

Lot size 8,276 Sqft

Movoto estimate

Property description

Gorgeous Student Rental Leased through July 2018 listed at 7.65% Cap Rate! Duplex Unit. BRAND NEW POOL 2017 and remodeled bathrooms in man house 2017! 5bd/2.5 bathroom front unit and 3bd/1bth back unit. Zero vacancy since 2007. Tenants pay all utilites. Located in desirable Jefferson Park less than one mile to UofA and UMC. Amazing floorplan and features, see attachments. New Bathroom in back house 2015, Interior repainted 2014, Exterior repainted 2012, New AC in front house in 2012, New Corian countertops in 2011, New AC back house 2007, New Roof all 2007. House well maintained. Great Cashflow on this really desirable property that is grand fathered nonconforming use. One of Members of LLC is licensed to sell real estate in AZ.

Listed by

Listing Agent - Jarrett W Reidhead

Listing Office - Tucson Integrity Realty, LLC

Source: MLSSAZ

MLS#21721743 • last updated 1 year ago

Movoto checked MLSSAZ for data 5 hours ago

Overview
Levels/Style	Contemporary
SqFt (Combined)	2869
MLS #	21721743
Status	Closed
Lot Size (Acres)	0.19
Lot Size (SqFt)	8276
Taxes $	2646.36
Tax Year	2015
Taxes For	Dwelling & Land
Year Built	1939
Construction Status	Existing
Short Sale (Y/N)	None

Interior
Dining Room	Formal
Extra Room	None
Living Areas	Family Room
Dining Areas	Formal Dining Room
Laundry	Storage
Breakfast	Area
Interior Features	Yes
Window Covering	Stay
Accessibility Features	None

Exterior
Roof	Built-Up - Reflect
Construction	Masonry Stucco
Exterior Feature	Courtyard
RV Parking Desc	NONE
Landscape: Rear	Decorative Gravel
Lot Desc	Adjacent To Alley
Patio/ Deck	Slab
Landscape: Front	Decorative Gravel
Driveway	None

Amenities / Utilities
Water Heater	Natural Gas
Gas	Natural
Electricity: Company	TEP
Water	City Water
Sewer/ Septic	Connected
Pool	Community
Spa	Community
Security Features	Window Bars
Horse Amenities	No

Location
County	Pima
View	Mountain(s)
	None
Area	Central
Subdivision	Jefferson Park
Community Features	None
Elementary School	Cragin
Middle School	Doolen
School District	TUSD
High School	Tucson
Zoning	Tucson - R1
Directions	From Grant And Campbell. W To Vine. S To Hampton. Property Located On NW Corner Of Vine And Hampton.

Multifamily Details
Unit 1: # Stories	Single
Unit 1: Monthly Rent	3750
Unit 2: Monthly Rent	2250
Unit 1: # Half Baths	1
Unit 1: Occupancy	Yes
Unit 2: # Full Baths	1
Unit 2: # Stories	Single
Unit 2: # Beds	3
Unit 1: # Full Baths	2
Unit 1: Parking	On Property
Unit 2: Occupancy	Yes
Unit 1: Floor	1st
Unit 1: Furnished	No
Unit 1: # Beds	5
Unit 2: Furnished	No
Unit 1: SqFt	2967
Unit 2: Parking	On Property
Expenses: Other Expenses	25
Analysis: Exp % of Gross	22.85
Utilities Paid: Trash	Tenant
Expenses: Taxes/Assessments	2569
Expenses: Insurance	749
Expenses: Contract Services	345
Expenses: Capital Expenses	1500
Expenses: Figures Presented	Proforma
Utilities Paid: Taxes	Owner
Expenses: Gas/Electric	250
Expenses: Management	7200
Income: Adjusted Gross	72000
Income: Net Opp Income	55547
Analysis: Gross Rent Multi	9.44
Expenses: Admin Expenses	315
Utilities Paid: Cable TV	Tenant
Utilities Paid: Insurance	Owner
Expenses: Maintenance Supplies	3500
Income: Total Expenses	16453
Utilities Paid: Sewer	Tenant
Income: Gross Scheduled Rent	72000
Utilities Paid: Electric	Tenant
Utilities Paid: Gas	Tenant
Analysis: Exp/SqFt	5.73
Analysis: Cap Rate %	8.17
Utilities Paid: Water	Tenant