Sold for $527,600 Listed for $565,000
This property is not currently for sale or for rent.
NO SHOWINGS UNTILL ACCEPTED CONTRACT!! DO NOT DISTURB TENANTS! Excellent multi-family income property for sale! 5 total rental units on this property. Units range from 1 bedroom & 1 bath to 2 bedroom & 1 bath. Large corner lot at .34 acres gives lots of additional potential for a buyer. 1948 built an 2,467 sq/ft. Has onsite laundry & off street parking. Just south of UofA! Rents currently below market value with room to improve! Actual CAP rate is 3.8%. Estimated Proforma CAP Rate is 5.9% when adjusting rents to estimated current market value.
From Campbell Ave and 6th St South until 9th Street then West on 9th St till Warren Ave. On the corner of 9th & Warren.
MLS # | 22207504 |
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Date Listed | 2022-03-24 |
Status | Sold |
Property Type | Multi-Family/Apartments |
Property SubType | 3 Plex |
Square Feet | 2467 sqft |
Annual Taxes | $3,139.27 |
Year Taxes Payable | 2021 |
Year Built | 1948 |
Days on Market | 56 |
Zoning | Tucson - R2 |
Lot Size | 14,985 sq ft |
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Acreage | 0.34 Acres |
Lot Dimensions | 99 X 148 X 98 X 148 |
Fence | None |
Area | Central |
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County | Pima |
Subdivision | Bingham Addition |
City | Tucson |
State | AZ |
Zip | 85719 |
Flood Zone | Yes |
School District | TUSD |
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Elementary | Sam Hughes |
Middle School | Mansfeld |
High School | Tucson |
Usage | 3 Plex |
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Assoc. Dues | $0.00 |
MLS# 22207504
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Listing Provided Courtesy of Jeremy Groch
Tierra Antigua Realty
Listing updated May 19, 2022 at 4:30 pm
Last checked 13 minutes ago