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Key Details
Sold Price $385,000
Property Type Multi-Family
Sub Type 4 Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $137
Subdivision Speedway Park Addition Resub
MLS Listing ID 22113874
Sold Date 11/10/21
Style Ranch
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1948
Annual Tax Amount $2,577
Tax Year 2020
Lot Size 0.370 Acres
Acres 0.37
Property Description
Investor opportunity in the desirable Palo Verde Neighborhood. 6.6% CAP with actual figures. Some deferred maintenance, with huge upside after improvements. Five units total- one duplex and one triplex. Beautiful 1948 construction, with excellent light, beam ceilings, and individual yards. Plenty of parking. Four units are occupied, fifth unit is the smallest, and needs electrical work to be rented. Electrical is functional in the other units, but needs service and wiring upgrades. Add central AC and boost rents $100-200 per unit. Large storage unit could be converted to an additional unit as well. Professionally managed by Habitation Realty. Excellent tenants, with all numbers available. Shown only w/accepted contract. All offers will be reviewed on June 7 at 6pm.
Location
State AZ
County Pima
Area Central
Zoning Tucson - R2
Rooms
Other Rooms Storage
Dining Room Breakfast Bar
Kitchen Refrigerator
Interior
Interior Features Exposed Beams, Smoke Detector
Hot Water Natural Gas
Heating Wall
Cooling Central Air, Evaporative Cooling, Zoned
Flooring Ceramic Tile, Concrete
Fireplace No
Laundry Outside
Exterior
Exterior Feature Shed
Fence Chain Link
Pool None
Community Features None
View Mountain(s)
Roof Type Built-Up - Reflect
Accessibility None
Road Frontage Paved
Building
Lot Description Corner Lot, North/South Exposure
Sewer Connected
Water City Water
Schools
Elementary Schools Blenman
Middle Schools Doolen
High Schools Catalina
School District Tusd
Others
Senior Community No
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Special Listing Condition None
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Copyright 2024 MLS of Southern Arizona
Bought with Keller Williams Southern Arizona
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