$675,000
$700,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/18/2023
Key Details
Sold Price $675,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6531718
Sold Date 05/18/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1963
Annual Tax Amount $1,751
Tax Year 2021
Lot Dimensions IRREGULAR
Property Description
Seller financing available for this high rent/low expense property! Annual NOI is $67,272 when fully rented. 4 x 2bdrm/1bath renting for $1100/mo. 2 x 1bdrm/1bath renting for $825-850/mo. 1 x studio renting for $761/mo. Currently have 1 vacancy that are in the process of being rented out. (2b/1 & 1b/1b). All utilities are in tenants names except water and trash. Landlord bills tenants $50/mo for water and trash. Other expenses include: taxes and insurance (727.23/mo). Property management (10%/mo). Pest control $105/mo.
Fully remodeled 7-unit apartment building. Units have been renovated with new cabinets, countertops, appliances, paint light fixtures, ceiling fans, and more!
Range price of $700,000-$775,000. Low end of range for cash offers and high end for financed.
Location
State AZ
County Pima
Zoning SR2
Direction From 22nd, South on 6th Avenue, East on 33rd to address
Interior
Heating None
Cooling Evaporative Cooling, Wall/Window Unit(s)
Appliance FS OvenRange, Microwave
Exterior
Garage Free
Community Features No Pool
Waterfront No
Roof Type Composition,Built-Up
Parking Type Free
Total Parking Spaces 12
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Tucson Unified District
Others
Senior Community No
Tax ID 118-25-177
Acceptable Financing Other (See Remarks), Conventional, 1031 Exchange, Owner May Carry
Listing Terms Other (See Remarks), Conventional, 1031 Exchange, Owner May Carry
Financing Cash
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