Sold for $520,000 Listed for $540,000
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
MLS # | 22207505 |
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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 |
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Acreage | 0.33 Acres |
Lot Dimensions | 184 X 74 X 184 X 74 |
Fence | None |
Area | Central |
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County | Pima |
Subdivision | Bingham Addition |
City | Tucson |
State | AZ |
Zip | 85719 |
Flood Zone | TBD |
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# 22207505
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Listing Provided Courtesy of Jeremy Groch
Tierra Antigua Realty
Listing updated May 19, 2022 at 4:15 pm
Last checked 13 minutes ago