Sold for $520,000 Listed for $540,000
227 Warren
This property is not currently for sale or for rent.
NO SHOWINGS UNTIL ACCEPTED CONTRACT!! DO NOT DISTURB TENANTS. Excellent multi-family income property for sale! 5 total rental units on this property. There is 2 buildings. 1.) 1980 3-plex at 1,802 sq/ft 2.) 1940 2-plex 792 sq/ft. There is 2 studios, 1 (1 bedroom & 1 bath) & 2 (2 bedroom & 1 bath) units. Large lot at .33 acres gives lots of additional potential for a buyer. Off street parking too! Just south of UofA! Rents currently below market value with room to improve! Actual CAP rate is 5%. Estimated Proforma CAP Rate is 6.9% when adjusting rents to estimated current market value.
South From Campbell Ave and 6th St then West on 9th St till Warren Ave, North on Warren Ave. Property on West side of street
Map to 227 Warren, Tucson, AZ 85719
MLS #
22207505
Date Listed
2022-03-24
Status
Sold
Property Type
Multi-Family/Apartments
Property SubType
3 Plex
Square Feet
2594 sqft
Annual Taxes
$2,507.40
Year Taxes Payable
2021
Year Built
1940
Days on Market
56
Zoning
Tucson - R2
External Features
Lot Size
14,244 sq ft
Acreage
0.33 Acres
Lot Dimensions
184 X 74 X 184 X 74
Fence
None
Location
Area
Central
County
Pima
Subdivision
Bingham Addition
City
Tucson
State
AZ
Zip
85719
Flood Zone
TBD
Schools
School District
TUSD
Elementary
Sam Hughes
Middle School
Mansfeld
High School
Tucson
Financial
Usage
3 Plex
Assoc. Dues
$0.00
| MLS # | 22207505 |
|---|---|
| Date Listed | 2022-03-24 |
| Status | Sold |
| Property Type | Multi-Family/Apartments |
| Property SubType | 3 Plex |
| Square Feet | 2594 sqft |
| Annual Taxes | $2,507.40 |
| Year Taxes Payable | 2021 |
| Year Built | 1940 |
| Days on Market | 56 |
| Zoning | Tucson - R2 |
| Lot Size | 14,244 sq ft |
|---|---|
| Acreage | 0.33 Acres |
| Lot Dimensions | 184 X 74 X 184 X 74 |
| Fence | None |
| Area | Central |
|---|---|
| County | Pima |
| Subdivision | Bingham Addition |
| City | Tucson |
| State | AZ |
| Zip | 85719 |
| Flood Zone | TBD |
| School District | TUSD |
|---|---|
| Elementary | Sam Hughes |
| Middle School | Mansfeld |
| High School | Tucson |
| Usage | 3 Plex |
|---|---|
| Assoc. Dues | $0.00 |
MLS# 22207505
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All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved.
Listing Provided Courtesy of Jeremy Groch
Tierra Antigua Realty
Listing updated May 19, 2022 at 4:15 pm
Last checked 13 minutes ago
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