$746,000
$900,000
17.1%For more information regarding the value of a property, please contact us for a free consultation.
Tucson, AZ 85701
4,034 SqFt
Key Details
Sold Price $746,000
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 4,034 sqft
Price per Sqft $184
MLS Listing ID 22315537
Sold Date 09/05/23
Year Built 1943
Annual Tax Amount $3,304
Tax Year 2022
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Apartment
Property Description
NINE RENTAL UNITS in a great rental district, close to downtown, freeway, shopping, restaurants, markets, theaters, TCC, Streetcar and much more :The square feet of Units #1 to #6 were estimated at 704 square feet. Units #1, #3, #4 and #6 are one bedroom one bathroom units. Units #2 and #5 consist of a large open studio with onebathroom. Unit #10 is a small studio unit with one bathroom. Units #11 and #12 are one bedroom, one bath units. There is a structure on the property that could be fixed up to be a laundry facility and/or storage unit. Current rents are well below market pricing at approx $5,630 gross monthly. Estimated $7,800 gross monthly. Property is being sold in as is condition and has been priced based on condition and the expected appraisal value.
Location
State AZ
County Pima
Area Central
Zoning Tucson - HO3
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central Air, Evaporative Cooling, Wall Unit(s)
Exterior
Fence Chain Link
Accessibility None
Road Frontage Paved
Building
Lot Description Subdivided
Sewer Connected
Water City
Others
Acceptable Financing Cash, Conventional, Submit
Listing Terms Cash, Conventional, Submit
Special Listing Condition Fix Up
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