Sold
Last Sold Price
1,232 sqft
1059 E Silverlake Rd, Tucson, AZ 85713
Multi FamilyProperty Type
0.1 acresLot Size
1959Year Built
$56/sq ftPrice per sq ft

Description

Wow! This MONEYMAKER is back on market! Bank accepted cash offer at $69,000 but buyer could not raise cash once bank acceptance received! Incredible investment opportunity! Seller must sacrifice! Easy to rent! Could be an investor's little gold mine! Charming and well- maintained units w. new air conditioning! Charming 1950's ambience w landscaped, gated courtyard! Parking in front! (back n/a...) Close to: Public transportation & all amenities! 1 1/2miles to Downtown! 2miles to University of Arizona!...Wow! This MONEYMAKER is back on market! Bank accepted cash offer at $69,000 but buyer could not raise cash once bank acceptance received! Incredible investment opportunity! Seller must sacrifice! Easy to rent! Could be an investor's little gold mine! Charming and well- maintained units w. new air conditioning! Charming 1950's ambience w landscaped, gated courtyard! Parking in front! (back n/a...) Close to: Public transportation & all amenities! 1 1/2miles to Downtown! 2miles to University of Arizona! 1mile to VA Hospital! 1 1/2 miles to Rodeo grounds! Nothin' left to do but SMILE! Smile! Smile!
  • Listed by: John Everhart 520.577.8333 brokerprincess@hotmail.com • Berkshire Hathaway Homeservices Premier Properties
Listing closed: 06/14/2010 11:29 AM • Source: MLS of Southern Arizona, MLS#: 21004032

Location

Listing Courtesy of Berkshire Hathaway Homeservices Premier Properties

Sold By Avalar Advantage Realty

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Property Information for 1059 East Silverlake Road

Property Details
  • MLS Type: Residential Income / Quadruplex
  • County: Pima County
  • Subdivision Name: Mirasol Addition
  • Zoning: Tucson - C1
Building Information
  • Year Built: 1959
  • Lot Size: 0.10 AC / 4,356 SF
Summary
Location and General Information
  • Directions: 22nd/Park S; Silverlake E to address. Look for Ever the Heart of Realty sign. Units are 1051 -1059 E. Silverlake Road.
  • Fire Protection: Included in Taxes
  • Latitude: 32.199852
  • Longitude: -110.95503
  • MLS Area Major: South
  • MLS Area Minor: South
  • Township: 14
Taxes and HOA
  • Parcel Number: 129-12-104C
  • Tax Legal Description: Mirasol S9'W2 Lot 28 & W2 Lots29 & 30 Lygn & adj rd blk 10
  • Tax Year: 2009
  • Taxes: $1,062
Virtual Tour
Property
Lot Information
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Dimensions: 60.5 'x 81' x 60.5' x 81'
  • Lot Size Price Per Sq Ft: $16
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4356.0
  • Lot Size Units: Acres
  • Public Survey Range: 14.0
  • Public Survey Section: 19
Property and Assessments
  • Building Area Total: 1232.0
  • Living Area: 1232.0
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1959
Building Features
  • Construction Materials: Slump Block
Utilities
  • Master Electric Meter: No
  • Master Gas Meter: No
  • Master Water Meter: Yes
  • Sewer: Sewer Connected
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Cooling: Wall Unit(s)
  • Has Cooling: Yes
  • Interior Steps: No
  • Security Features: Window Bars
Multi Family
Income & Expenses
  • Gross Income: $15,750
  • Gross Scheduled Income: $16,800
  • Insurance Expense: $1,000
  • Net Operating Income: $9,608
  • New Taxes Expense: $1,062
  • Operating Expense: $6,142
  • Supplies Expense: $200
  • Water Sewer Expense: $1,000
  • Contract Services: $1,440
Rental
Rent Information
  • Average Monthly Rent Studios: $350.00
  • Average Monthly Rent Other: $1,400.00
  • Expenses % of Gross: 39.00%
  • Expense per Sqft: $5
  • Figures Presented: Proforma
  • Gross Rent Multi: $4.38
  • Number of UnitsOther: 4
  • Number of UnitsStudios: 4
  • Vacancy Loss: 1050.0
  • Vacancy Rate %: 6.25%
Tenant Information
  • Occupant Type: Vacant

Property History for 1059 East Silverlake Road

DateEvent & SourcePriceAppreciation
Jun 14, 2010

Sold

MLS of Southern Arizona #21004032

Jun 14, 2010

Pending

MLS of Southern Arizona #21004032

Jun 11, 2010

Sold

MLS of Southern Arizona #21004032

$69,000
DateEvent & SourcePrice
06/14/2010

Sold

MLS of Southern Arizona #21004032

06/14/2010

Pending

MLS of Southern Arizona #21004032

06/11/2010

Sold

MLS of Southern Arizona #21004032

$69,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1059 East Silverlake Road

This home is within Tucson Unified District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 8 to 12
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Borton Primary Magnet School
PublicPK to 5

Tucson Magnet High School
Public8 to 12

Wakefield Middle School
Public6 to 8

Innovation Tech High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway Homeservices Premier Properties

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 Compass and its related brokerages 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.