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325 E Mohave Rd, Tucson, AZ 85705

$625,000
Last sold 06/07/2019 for $320K
8
bed
4
bath
3,960
Sqft ($81/Sqft)

Multi-family not for sale

70 homes bought nearby with Movoto recently

About 325 E Mohave Rd

Property type Multi-family

Neighborhood

Year built 1986

HOA fee $0/month

Lot size 0.26 Acre

Movoto estimate

Property description

325 E Mohave Rd must be sold w/4-plex at 339 E. Mohave Rd (tax code 106-04-110B). Both properties have 4 units each, consisting of a mix of 2-2 bd/1.5ba & 2-2 bd/1ba units. This property has four 2 bd/1 ba. units NEWLY REMODELED units w/open floorplans, fireplaces in the living rooms & generous size yards. In the last 5 years, 7 of 8 units have been remodeled. Flooring is ceramic tile & laminate wood. 4 BRAND NEW HVACs, 3 HVACs are 2-4 years old & 1 is 6 years old. Building exterior was just freshly painted. Hard to find remodeled units w/desirable 30 year fixed financing possible. Rents are low, w/room for increases. Each 4-plex has leased coin-op washer/dryer. Desirable shingle roofs. This 4 plex includes 325,327,329 & 331 E. Mohave Rd. One Seller is licensed Real Estate Broker in AZ.

Listed by

Listing Agent - Jade Bossert

Listing Office - Tierra Antigua Realty

Source: MLSSAZ

MLS#21906565 • last updated 1 year ago

Movoto checked MLSSAZ for data 6 minutes ago

Overview
Cooling/AC	Central Air
Levels/Style	Southwestern
SqFt (Combined)	3960
MLS #	21906565
Status	Closed
Virtual Tour	N/A
Lot Size (Acres)	0.26
Lot Size (SqFt)	11326
Taxes $	2070
Tax Year	2018
Taxes For	Dwelling & Land
Year Built	1986
Construction Status	Existing
Short Sale (Y/N)	None

Interior
Bathroom Features	Shower & Tub/Hall
Kitchen	Breakfast Nook
Dining Room	Area
Extra Room	None
Laundry	Coin-Op
Living Areas	Living Room
Dining Areas	Breakfast Nook
Breakfast	None
Floor Covering	Laminate, Ceramic Tile
Window Covering	Stay
Accessibility Features	None
Interior Features	Yes

Exterior
Roof	Shingle
Construction	Frame - Stucco
Exterior Feature	None
RV Parking Desc	None
# Parking Spaces	8
Landscape: Rear	Low Care
Lot Desc	North/South Exposure
Driveway	Asphalt
Fence	Wood
Patio/ Deck	Enclosed, Area
Landscape: Front	Low Care

Amenities / Utilities
Water Heater	Electric
Gas	None
Electricity: Company	TEP
Water	City Water
Sewer/ Septic	Connected
Technology	Telephone
Pool	None
Spa	None
Security Features	None
Horse Amenities	No

Location
County	Pima
View	Mountain(s)
	None
Area	Central
Subdivision	Garden Homes
Community Features	Paved Street
Elementary School	Prince
Middle School	Amphitheater
School District	Amphitheater
High School	Amphitheater
Zoning	Tucson - R3
Directions	River/1st Ave -S, Mohave - W To Address

Multifamily Details
Unit 3: # Stories	Single
Unit 2: Floor	1st
Unit 1: # Stories	Single
Unit 1: Monthly Rent	640
Unit 2: Monthly Rent	640
Unit 3: # Beds	2
Unit 1: Occupancy	Yes
Unit 3: Monthly Rent	650
Unit 2: # Full Baths	1
Unit 3: Furnished	No
Unit 2: # Stories	Single
Unit 2: # Beds	2
Unit 1: # Full Baths	1
Unit 1: Parking	On Property
Unit 2: Occupancy	Yes
Unit 1: Floor	1st
Unit 1: Furnished	No
Unit 1: # Beds	2
Unit 3: Occupancy	Yes
Unit 4: # Full Baths	1
Unit 2: SqFt	990
Unit 2: Furnished	No
Unit 3: Parking	On Property
Unit 1: SqFt	990
Unit 4: SqFt	990
Unit 3: # Full Baths	1
Unit 4: Monthly Rent	650
Unit 2: Parking	On Property
Unit 3: SqFt	990
Unit 4: # Beds	2
Analysis: Exp % of Gross	31.65
Utilities Paid: Trash	Owner
Expenses: Taxes/Assessments	2070
Expenses: Insurance	1472
Expenses: Figures Presented	Actual
Utilities Paid: Taxes	Owner
Expenses: Water/Sewer	3775
Income: Adjusted Gross	31560
Income: Net Opp Income	21571
Analysis: Gross Rent Multi	10.14
Utilities Paid: Cable TV	Tenant
Utilities Paid: Landscaping	Owner
Utilities Paid: Insurance	Owner
Expenses: Maintenance Supplies	2672
Income: Other Income	600
Income: Total Expenses	9989
Utilities Paid: Sewer	Owner
Income: Gross Scheduled Rent	30960
Utilities Paid: Electric	Tenant
Utilities Paid: Gas	Owner
Analysis: Exp/SqFt	2.52
Analysis: Cap Rate %	6.74
Utilities Paid: Water	Owner