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Key Details
Sold Price $315,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision El Rio Park
MLS Listing ID 6165973
Sold Date 04/09/21
Maintenance Fees $1,500
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 2001
Annual Tax Amount $1,418
Tax Year 2019
Lot Dimensions 9200
Property Description
Portfolio Sale in UP AND COMING Menlo Park
7 total parcels, 8 buildings, 7 duplexes, 1 SFR. 15 units (Summary/Mix in Documents)
One 3 unit (2/2 sfr. 1948 remodeled in 2001 plus 1/1 Duplex built in 2001)
Additional Six parcels included - Six 3bd 2ba Duplexes built after 2002
$2,356k Price based on October 2020 appraisal (attached).
7 of 13 A/C's new in 2019/2020 (receipt attached)
5 of 15 units w/all new appliances. Some with washer and dryer. All with hookups.
All utilities are metered and paid by tenants except water on this single property.
walk to light rail, 5 minutes to downtown, ten minutes to U of A Campus. New Caterpillar Headquarters, El Rio Medical and brand new apartment complex coming soon!
Location
State AZ
County Pima
Community El Rio Park
Zoning Tucson R-2
Direction Exit Congress Ave. Right to N Westmoreland. North 1/2 mile to St Mary's N to 515 N Westmoreland
Interior
Heating Electric, Natural Gas
Cooling Electric
Appliance FS OvenRange, Refrigerator, WD Hookup, Microwave
Exterior
Community Features No Pool
Waterfront No
Roof Type Rolled/Hot Mop
Total Parking Spaces 3
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Out Of Area
Others
Senior Community No
Tax ID 116-12-299
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing VA
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