Sold for $1,200,000 Listed for $1,550,000
This property is not currently for sale or for rent.
This asset presents a lucrative investment opportunity. Built between 1934 and 1958, Borden's Court features 19 studios, 8 one-bedroom/one-bathroom units, as well as 2 two-bedroom/one- bathroom units. The value-add opportunity for prospective investors is significant. Capital improvements just completed over the last 90 days along with rent increases according to Section 8 standards have this property primed for sale. For access to financials and pertinent docs, reach out to agent.
MLS # | 22411605 |
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Date Listed | 2024-05-09 |
Status | Sold |
Property Type | Commercial |
Property SubType | Apartment |
Square Feet | 5132 sqft |
Annual Taxes | $1,926.73 |
Year Taxes Payable | 2023 |
Year Built | 1943 |
Days on Market | 47 |
Zoning | South Tucson - SR2 |
Lot Size | 13,286 sq ft |
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Acreage | 0.31 Acres |
Lot Dimensions | 92'x148'x94'x148' |
Fence | None |
Area | South |
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County | Pima |
City | Tucson |
State | AZ |
Zip | 85713 |
Usage | Apartment |
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Assoc. Dues | $0.00 |
MLS# 22411605
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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 Phillip A Fileccia
Pinnacle Realty and Investment Advisors LLC
Listing updated June 25, 2024 at 11:45 am
Last checked 13 minutes ago