742 E Lee Street, Tucson, AZ 85719
$2,000,000
Property Type:
Multi-Family
Square Footage:
20,104
Lot Size (sq. ft.):
64,585
Status:
Closed
Current Price:
$2,000,000
List Date:
3/10/2015
Last Modified:
12/08/2024
Overview
Description
Listing Details MLS# 21507510
Address Information
- Street #
- 742
- Direction
- E
- Street Name
- Lee
- St Suffix
- Street
- State
- AZ
- Zip Code
- 85719
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Assessor #
- 123-15-101A
- Area
- Central
- Subdivision/Neighborhood
- University Home Addition
- Municipality/Zoning
- Tucson - O3
General Property Information
- Lot Dimensions
- Irregular
- Lot Sqft
- 64585
- Lot Size Source
- Assessor
- LivingArea
- 20104
- Year Built
- 1978
- Lot Acres
- 1.48
- List Price/SqFt
- 109.43
- Lot Size Price/SqFt
- 34.06
Property Features
Construction:
Slump Block
Main Cooling:
Wall Unit(s)
Main Heating:
Forced Air
Sewer:
Connected
Terms:
Cash
Property Disclosures:
Unknown
Contract Information
- Listing Price
- 2200000
- Distressed Info
- None
Status Change Info
- Off Market Date
- 2015-05-13
- Under Contract Date
- 2015-06-19
- Sold Date
- 2015-07-31
- Sold Price/SqFt
- 99.48
- How Sold
- Conventional
- Lot Sz Sold Prc/SqFt
- 30.97
More Information
Showing Information
- Directions
- North on Euclid from Speedway West on Lee to address
Analysis
- CAPRate
- 7.69
- Gross Rent Multi
- 6.41
- Vacancy Rate %
- 10
- Exp % of Gross
- 50.73
- Exp/SqFt
- 7.88
Income
- GrossScheduledIncome
- 317436
- Vacancy Loss
- 31744
- Other Income
- 26380
- Adjusted Gross
- 312072
- Total Expenses
- 158323
- NetOperatingIncome
- 153749
Expenses
- Admin Expenses
- 2399
- Contract Services
- 2135
- Insurance
- 9000
- Maintenance Supplies
- 21985
- Management
- 13827
- Resident Manager
- 42126
- Figures Presented
- Proforma
- Gas/Electric
- 0
- Taxes/Assessments
- 20402
- Water/Sewer
- 46449
Interior Features
- Interior Steps
- No
Miscellaneous
- Master Elec Meter
- No
- Master Gas Meter
- No
- Master Water Meter
- Yes
- Package Available
- Yes
Unit Info
- # of Units/Studios
- 56
- Avg Mo Rent/Studios
- 454
- # of Units/1 BR
- 2
- Avg Mo Rent/1 BR
- 650
- Avg Mo Rent/2 BR
- 0
- Avg Mo Rent/3 BR
- 0
- Avg Mo Rent/Other
- 0
Water
- Public
- Yes
Terms
- Conventional
- Yes
Documents
Flyer ›
Listing Office:
Long Realty Company
Last Updated: December - 08 - 2024
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 the listing brokerage here are identified with the MLSSAZ IDX Logo.
All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.