$443,000
Great investment opportunity! This new construction duplex has been built to maximize profits for an investor by separately metering ALL OF THE UTILITIES! Water, gas, trash and sewer! Tenants pay all! With the idea that the units could be sold independently as condos for a much higher resale price in the future.With a cap rate of 7.5% and a seller willing to contribute up to $5,000 in concessions this is a no brainer. You are getting two New spacious units with a combined total of 2,150 sq/ft of living space for only $225,000 per unit. You won't find any New Construction condos or townhomes for this price in today's market.Rent both or live in one. This hassle free property is exactly what you need in your portfolio. Don't wait. Start building wealth today!
From I-10 head East on 22nd the property will be directly off of 22nd between 5th and 4th street. Alley entrance for parking on premise.
MLS # | 22312630 |
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Date Listed | 2023-06-12 |
Status | Active |
Property Type | Multi-Family/Apartments |
Property SubType | 2 Plex |
Square Feet | 2150 sqft |
Annual Taxes | $368.52 |
Year Taxes Payable | 2022 |
Year Built | 2022 |
Days on Market | 530 |
Zoning | Tucson - R2 |
Lot Size | 7,841 sq ft |
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Acreage | 0.18 Acres |
Lot Dimensions | 153x47x153x47 |
Fence | None |
Area | South |
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County | Pima |
Subdivision | South Park Addition |
City | Tucson |
State | AZ |
Zip | 85713 |
Flood Zone | No |
School District | TUSD |
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Elementary | Borton |
Middle School | Safford K-8 Magnet |
High School | Tucson |
Usage | 2 Plex |
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Assoc. Dues | $0.00 |
MLS# 22312630
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Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved.
Listing Provided Courtesy of Liliana Quintero
Realty Executives Arizona Terr
Listing updated July 5, 2023 at 11:00 am
Last checked 10 minutes ago