1225-1229 E Linden Street, Tucson, AZ 85719

$975,000

Property Type: Multi-Family Square Footage: 3,266 Lot Size (sq. ft.): 310 Status: Closed

Current Price: $975,000 List Date: 3/13/2023 Last Modified: 12/21/2024

Overview

Description

This exceptional 3 unit multi-family Jefferson Park property is very close to the University, situated on two and one-half lots, includes an exquisite 3bd 2ba Spanish style home (circa ~ 1930) as well as a spacious 2bd 2ba guest house with an additional 1bd + apartment, all in excellent condition, with mature vegetation and completely surrounded by a privacy wall. OWNER WILL CARRY. The Main House – 3 Bedrooms, 2 Bathrooms; 1806 sq ft and a +231 sq ft fully enclosed Arizona room (Rental value +$3,000/mo.) ia a Tucson classic 3 bedroom / 2 bath Southwest/Spanish style home just blocks from the University and Banner; hardwood floors, coved ceilings, and an Arizona room with a spa; Spacious kitchen with water filtration, dishwasher, garbage disposal, washer and dryer; central AC/heating,

Supplements: wired for a security system, garage/carport; serene courtyard with mature desert vegetation, fountain, electric awning, large backyard with fruit trees, and rear porch; Additional off-street and RV parking; Freshly painted and re-roofed. The Guest House 2 Bedrooms, 2 Bathrooms; 1189 sq ft + laundry/storage rm (Rental value +$2,000/mo) is a serene ... (Read more)

Listing Details MLS# 22305645

Address Information

Street #: 1225-1229
Direction: E
Street Name: Linden
Suffix: Street
State/Province: AZ
Zip Code: 85719
County: Pima
Country: USA

Location, Tax & Legal

Tax Code: 123-11-1680
Area: Central
Subdivision: Monterey Addition
Tax Year: 2022
Taxes: 3388.06
Assessments: 0
Taxes For: Dwelling & Land
Legal Description: From Parcel:001010010 /Monterey Amended Lots 12 & 13 & W30' Lot 14 Blk 16
Township: 14
Community: None
Range: 14
Section: 6
Municipality/Zoning: Tucson - NR1
Fire Protection: None
FEMA Flood Zone: No
Municipal Flood Zone: No

General Property Information

Dwelling Type: Triplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: 112x152x111x152
Lot Acres: 0.08
Lot Sqft: 3693
Lot Size Source: Owner
Combined SqFt: 3266
Year Built: 1930
Total Parking: 6
School District: Pima Unified
Elementary School: Pima
Middle School: Pima Junior High
High School: Pima High School
Horse Property: No
Horse Facilities: No
List Price/SqFt: 350.58
Lot Size Price/SqFt: 310.05

Property Features

Construction: Brick; Wood Frame; Other Style: Southwestern Roof: Foam; Tile Living Areas: Living Room Dining Areas: Breakfast Bar; Dining in LR/GR Breakfast: Room Kitchen Features: Reverse Osmosis; Dishwasher Laundry: Laundry Closet; Dryer Included; Washer Included Interior Features: Ceiling Fan(s) Floor Covering: Ceramic Tile; Concrete; Vinyl; Wood Window Covering: Some Technology: Cable TV Main Cooling: Central Air Main Heating: Natural Gas Gas: Natural Sewer: Connected Water: Public Accessibility Option: None Security: Prewired Pool: None Spa: None Landscape - Front: Natural Desert Landscape - Rear: Natural Desert View: Mountain(s) Road Type: Gravel; Paved Exterior Feature: None Lot Features: Subdivided Neighborhood Features: Park Terms: Owner Carry Submit With Offer: Lender Pre-Approval Property Disclosures: None Special Conditions: None

Contract Information

Method of Title: Fee (Simple)
Distressed Info: None

Status Change Info

Off Market Date: 2023-03-27
Pending Date: 2023-03-27
Sold Date: 2023-04-27
Sold Price/SqFt: 298.53
Lot Sz Sold Prc/SqFt: 264.01
How Sold: Other

More Information

Showing Information

Directions: North on Mountain to Linden, west for 1/2 block

Unit 1 Information

Monthly Rent: 3000
# Beds: 3
# Full Baths: 2
SqFt: 1806
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: Garage

Unit 2 Information

Monthly Rent: 2000
# Beds: 2
# Full Baths: 2
SqFt: 1189
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property

Unit 3 Information

Monthly Rent: 1000
# Beds: Yes
# Full Baths: Yes
SqFt: 698

Analysis

Cap Rate %: -0.32
Gross Rent Multi: 162.5
Exp/SqFt: 2.8
Exp % of Gross: 152.3
Vacancy Rate %: 0

Income

Gross Scheduled Rent: 6000
Adjusted Gross: 6000
Total Expenses: 9138
Net Opp Income: -3138
Vacancy Loss: 0
Other Income: 0

Expenses

Admin Expenses: 350
Insurance: 892
Maintenance Supplies: 3000
Taxes/Assessments: 1696
Water/Sewer: 3200
Figures Presented: Actual
Capital Expenses: 0
Contract Services: 0
Gas/Electric: 0
Management: 0
Resident Manager: 0
Other Expenses: 0

Style

Other: Spanish, historic
Southwestern: Yes

Roof

Other: Composition
Foam: Yes
Tile: Yes

Dining Room

Other: Breakfast Room

Kitchen Features

Countertops: wood, butcher block
Reverse Osmosis: Yes
Dishwasher: Yes

Bathroom Features

Countertops/Hall: Shower in Tub

Extra Room

Other: none

Main Heating

Other: Fireplace(s)
Natural Gas: Yes

Water Heater

None: ask seller

Electric

Other: ask seller

Utilities Paid

Cable TV: Tenant
Electric: Tenant
Gas: Tenant
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Tenant
Water: Tenant

Fence

Other: full

Landscape - Front

Other: Gravel/Stone
Natural Desert: Yes

Landscape - Rear

Other: Gravel/Stone
Natural Desert: Yes

Driveway

Paved: Concrete

RV Parking

Other: possible

Subdivision Restrict

Age Restrictions: No
Deed Restrictions: No
CC&Rs: No

Home Protection

Offered: No

Gas

Natural: Yes

Construction

Brick: Yes
Wood Frame: Yes
Other: Yes

Sewer

Connected: Yes

Water

Public: Yes

Living Areas

Living Room: Yes

Dining Areas

Breakfast Bar: Yes
Dining in LR/GR: Yes

View

Mountain(s): Yes

Breakfast

Room: Yes

Road Type

Gravel: Yes
Paved: Yes

Road Maintenance

City: Yes

Lot Features

Subdivided: Yes

Main Cooling

Central Air: Yes

Laundry

Laundry Closet: Yes
Dryer Included: Yes
Washer Included: Yes

Neighborhood Features

Park: Yes

Association & Fees

HOA: No

Interior Features

Ceiling Fan(s): Yes

Terms

Owner Carry: Yes

Floor Covering

Ceramic Tile: Yes
Concrete: Yes
Vinyl: Yes
Wood: Yes

Submit With Offer

Lender Pre-Approval: Yes

Window Covering

Some: Yes

Accessibility Option

None: Yes

Technology

Cable TV: Yes

Security

Prewired: Yes

Sold Info

Seller Concessions: 0

Patio/Deck

Covered: Yes
Other: Front Porch, Rear P

Pool

None: Yes

Property Disclosures

None: Yes

Spa

None: Yes

Special Conditions

None: Yes

Exterior Feature

None: Yes

Documents

Seller Disclosure ›

Listing Office: Listed Simply

Last Updated: December - 21 - 2024

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