$450,000
Turn key cash flow property with tons of upside. Three unit rental property in the Mixed use zoning area in central Tucson. All three units are occupied and the tenets would like to sign additional 12 month leases. Continue to rent as is or develop a live/ work business space with the flexibility of the MU zoning. Great investment opportunity with an 8.5% CAP rate. Seller may carry with substantial down payment
FT Lowell and Dodge area close to Metal Arts
MLS # | 22500946 |
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Date Listed | 2025-01-09 |
Status | Active |
Property Type | Multi-Family/Apartments |
Property SubType | 3 Plex |
Square Feet | 2153 sqft |
Annual Taxes | $1,417.24 |
Year Taxes Payable | 2024 |
Year Built | 1953 |
Days on Market | 6 |
Zoning | Pima County - MU |
Lot Size | 7,000 sq ft |
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Acreage | 0.17 Acres |
Lot Dimensions | irreg |
Fence | None |
Area | Central |
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County | Pima |
Subdivision | Lohrum Subdivision |
City | Tucson |
State | AZ |
Zip | 85716 |
Flood Zone | No |
School District | Catalina Foothills |
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Elementary | Manzanita |
Middle School | Orange Grove |
High School | Catalina Fthls |
Usage | 3 Plex |
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Assoc. Dues | $0.00 |
MLS# 22500946
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Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved.
Listing Provided Courtesy of Zach C. Nichols
Realty Executives Arizona Territory
Listing updated January 11, 2025 at 3:30 pm
Last checked 16 minutes ago