Tucson, AZ 85701

$746,000

Est. payment /mo

$900,000

17.1%
Est.Price: ?

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Tucson, AZ 85701

4,034 SqFt

SOLD DATE : 09/05/2023

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

Read Less

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MLS OF ARIZONA (MLSAZ) / Tucson Association of REALTORS®(TAR MLS)
Listed by RE/MAX Select
Bought with RE/MAX Select
agent

Kamya Newcomb

Advisor | License ID: SA526023000

+1(520) 245-8866

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