69 W Simpson Street

    Tucson, AZ 85701
    • $1,280,000
    • STATUS: Active Under Contract
    • ID#: 21920385
    Under Contract
    $1,280,000
    • 2
      BEDS
    • 0.38
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 8,525
      SQFT
    • $150
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1888
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Courtesy of Beth Jones Realty, Llc.

    Description

    Las Cuatras Esquinas has been in the same family for over 40 years. This is the first time that it is on the market. An 1886 map shows buildings at all four corners of South Convent and West Simpson -- a grocery, a store, a dwelling and one vacant structure. Just two years later, three of the four corners housed stores or groceries. Horse and buggy is what delivered the groceries! Legend has it that gold is buried in the basement of the market. There have been many attempts to find it to no avail. This is now one of the rare, large properties of the Barrio. 10 units are used as rentals and 2 are used for storage. The development possibilities are interesting or would make a fabulous Family Compound!

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    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-10-14T00:06:15.087.
    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 Realty Executives Tucson Elite are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.wowrealestate.com/homes/97555809

    69 W Simpson Street Tucson, AZ 85701

    • Price: $1,280,000
    • Status: Active Under Contract
    • ID#: 21920385
    2
    Beds
    2
    Baths
    0
    ½ Baths
    0.38
    Acres
    8,525
    SQFT
    $150
    $/SQFT
    1888
    Built
    Neighborhood:
    Tucson
    County:
    Pima
    Area:
    Central
    Elementary School:
    Carrillo
    Middle School:
    Drachman
    High School:
    Tucson
    School District:
    TUSD
    Property Description
    Las Cuatras Esquinas has been in the same family for over 40 years. This is the first time that it is on the market. An 1886 map shows buildings at all four corners of South Convent and West Simpson -- a grocery, a store, a dwelling and one vacant structure. Just two years later, three of the four corners housed stores or groceries. Horse and buggy is what delivered the groceries! Legend has it that gold is buried in the basement of the market. There have been many attempts to find it to no avail. This is now one of the rare, large properties of the Barrio. 10 units are used as rentals and 2 are used for storage. The development possibilities are interesting or would make a fabulous Family Compound!
    Exterior Features

    Construction Mud AdobeWood Frame Exterior Feature Courtyard Fence Wood Landscape Front None Landscape Rear Desert Plantings Patio Deck Patio Pool None Road Type Paved Roof Built-Up - ReflectMetal Spa None Unit1 Information Parking On Street Unit2 Information Parking On Street View ResidentialCityMountain

    Interior Features

    Bathroom Features Shower Only/Master Breakfast Eat-In Dining Areas Eat-In Kitchen Dining Room None Driveway None Extra Room None Floor Covering Ceramic TileConcreteWood Interior Features Ceiling Fan(S)Vaulted Ceilings Kitchen Features Gas RangeRefrigerator Laundry Outside Living Areas Great Room Main Cooling Evap Central Main Heating Forced Air - Gas Technology Cable TvHigh Speed Internet Unit1 Information Furnished No Unit1 Information Number Half Baths 0 Unit1 Information Sqft 600 Unit2 Information Furnished No Unit2 Information Number Half Baths 0 Unit2 Information Sqft 650 Water Heater Natural Gas

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 4.20 Analysis Exp Percent Of Gross 18.85 Analysis Exp Sqft 1.47 Analysis Gross Rent Multi 19.31 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Association And Fees Hoa No Attached Detached Detached Community None Contingent Active Contingent Country Usa Distressed Info None Dwelling Type 4 Plex Electric Electric Company Tep Expenses Admin Expenses 0.00 Expenses Capital Expenses 0.00 Expenses Contract Services 0.00 Expenses Figures Presented Proforma Expenses Gas Electric 0.00 Expenses Insurance 0.00 Expenses Maintenance Supplies 0.00 Expenses Management 0.00 Expenses Other Expenses 12500.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 0.00 Expenses Water Sewer 0.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Horse Facilities No Horse Property No Income Adjusted Gross 66300.00 Income Gross Scheduled Rent 66300.00 Income Net Opp Income 53800.00 Income Other Income 0.00 Income Total Expenses 12500.00 Income Vacancy Loss 0.00 Lot Dimensions 110.22 X 159 X 100.32 X 109.72 Lot Features Corner Lot Lot Size Source Assessor Lot Sqft 16675.00 Municipal Flood Zone No Municipality Zoning Tucson - Ho3 Neighborhood Features Historic Property Disclosures Lead Based PaintSeller Prop Disclosure Road Maintenance City Section 13 Security None Sewer Connected Special Conditions None Style Spanish Mission Subdivision Restrict Age Restrictions No Subdivision Restrict Cc Andrs No Subdivision Restrict Deed Restrictions Yes Tax Year 2018 Taxes 6859.00 Taxes For Dwelling & Land Terms CashOwner Carry Total Parking 0 Township 14 Unit1 Information Floor 1st Unit1 Information Monthly Rent 575 Unit1 Information Stories Single Unit2 Information Floor 1st Unit2 Information Monthly Rent 600 Unit2 Information Stories Single Utilities Paid Cable Tv Tenant Utilities Paid Electric Tenant Utilities Paid Gas Tenant Utilities Paid Insurance Owner Utilities Paid Sewer Owner Utilities Paid Taxes Owner Utilities Paid Trash Owner Utilities Paid Water Owner Water City Water

    Listing provided courtesy of Beth Jones Realty, Llc. Listing information © 2019 MLS of Southern Arizona.


    Listing information Copyright 2019 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2019-10-14T00:06:15.087.
    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 Realty Executives Tucson Elite are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
    Realty Executives Tucson Elite
    6444 E Tanque Verde Rd
    Tucson AZ, 85715
    Courtesy of Beth Jones Realty, Llc.