Tucson, AZ 85716,3107 N Chapel Avenue
Tucson, AZ 85716,3107 N Chapel Avenue
Tucson, AZ 85716,3107 N Chapel Avenue
28
$625,000
$660,000
5.3%
Est.Price: ?

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3107 N Chapel Avenue Tucson, AZ 85716

Est. payment /mo
SOLD DATE : 02/10/2021

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Key Details

Sold Price $625,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Binghampton

MLS Listing ID 6143163

Sold Date 02/10/21

Maintenance Fees $3,720

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1980

Annual Tax Amount $3,288

Tax Year 2019

Lot Dimensions 124x148

Property Description

This is a well located six unit property (north central sub-market) comprised of two separately parceled triplexes. Well laid out complex located on a corner lot of almost a half acre with solid masonry construction and concrete paved parking lots. Parcel one is a detached 4/2 house with a duplex comprised of two 2/1 units. Parcel two is comprised of a triplex with three 2/1 units. All units have off street paved parking and private fenced back yards. Several tenants are mo-mo and rents can easily be raised. Average rental rate in this area for a 2/1 is $900. Figures shown are actual from 2019, recent rent increases for 2020 are not reflected. Based on the current rent role the property is a 8% cap rate. This is an owner managed property. Financials under documents tab

Location

State AZ

County Pima

Community Binghampton

Zoning R-2

Direction Traveling east on E Fort Lowell Rd, turn right (South) on N Chapel Ave, property will be on the corner of N Chapel Ave & E Presidio Rd.

Interior

Heating Natural Gas

Cooling Central A/C, Evaporative Cooling, Wall/Window Unit(s)

Flooring Wood

Appliance FS OvenRange, BI OvenRange

Exterior

Garage Paved Parking

Community Features No Pool

Waterfront No

Roof Type Composition, Built-Up

Total Parking Spaces 12

Building

Sewer Sewer-In & Connected, Public Sewer

Water City Franchise

New Construction Yes

Schools

School District Out Of Area

Others

Senior Community No

Tax ID 111-05-283-A

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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Arizona Regional MLS (ARMLS)
Listed by Better Homes & Gardens Real Estate SJ Fowler
Bought with Non-MLS Office

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Chase Reynolds

Agent | License ID: SA697484000

+1(480) 694-6619

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