Sold for $765,000 Listed for $799,000
This property is not currently for sale or for rent.
This is what you need in your portfolio! Fully Remodeled and centrally located 6-plex. All units are 1/1 and have new flooring, countertops, vanities, faucet's, light fixtures and have been freshly painted inside and out. 4 of the 6 units have brand new Kitchen Cabinets. Each unit also includes its own private indoor laundry and private gated patio/yard. All units have AC unit on roof. NO swamp coolers here! Onsite covered parking is provided. Units all leased between $1,100-$1,175. Property is currently self managed by the owner with Projected Net Income of $67,231. That is giving you an 8.3% cap rate. Seller carryback: 1/2 down, 2 year max, 11%Don't wait. Make your best offer today!
From I10 head East on Speedway. When you reach Swan turn right heading South and then left into 1st street. The property will be on the North end of the street
MLS # | 22403284 |
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Date Listed | 2024-02-08 |
Status | Sold |
Property Type | Commercial |
Property SubType | Apartment |
Square Feet | 3804 sqft |
Annual Taxes | $1,894.72 |
Year Taxes Payable | 2023 |
Year Built | 1947 |
Days on Market | 119 |
Zoning | Tucson - R2 |
Lot Size | 21,780 sq ft |
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Acreage | 0.50 Acres |
Lot Dimensions | 161x135x160x137 |
Fence | None |
Area | Central |
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County | Pima |
City | Tucson |
State | AZ |
Zip | 85711 |
Flood Zone | No |
Usage | Apartment |
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Assoc. Dues | $0.00 |
MLS# 22403284
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Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved.
Listing Provided Courtesy of Liliana Quintero
Realty Executives Arizona Territory
Listing updated June 5, 2024 at 9:15 pm
Last checked 12 minutes ago