$800,000
This well kept mid-century modern four-plex is fully occupied yielding a near 7% CAP rate. Recent remodel includes HVAC systems in 2017, Water heaters in 2018, Sewer Lining in 2018 and much more. The building is located in close proximity to University of Arizona, great shopping and dinning; and close to freeways and transportation facilities. The property has room for expansion and more development for higher returns. It boasts a large area for parking, individual front yards and large back yards along with potential ad-ons. Its charming curb appeal and low maintenance design makes this a great option for many investors.
Prince Road and Park Ave., North on Park Ave. to address
MLS # | 22505751 |
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Date Listed | 2025-02-24 |
Status | Active |
Property Type | Multi-Family/Apartments |
Property SubType | 4 Plex |
Square Feet | 2960 sqft |
Annual Taxes | $2,715.00 |
Year Taxes Payable | 2024 |
Year Built | 1960 |
Days on Market | 64 |
Zoning | Tucson - R2 |
Lot Size | 16,833 sq ft |
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Acreage | 0.39 Acres |
Lot Dimensions | Irregular |
Fence | None |
Area | Central |
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County | Pima |
Subdivision | Unsubdivided |
City | Tucson |
State | AZ |
Zip | 85719 |
Flood Zone | No |
School District | Amphitheater |
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Elementary | Holaway |
Middle School | Amphitheater |
High School | Amphitheater |
Usage | 4 Plex |
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Assoc. Dues | $0.00 |
MLS# 22505751
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All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
Listing information Copyright 2025 MLS of Southern Arizona. All Rights Reserved.
Listing Provided Courtesy of Cole L Annati
Keller Williams Realty Sonoran
Listing updated February 28, 2025 at 10:07 am
Last checked 14 minutes ago