$1,499,000
Tucson, AZ 85705
MLS# 22527754
7683 sqft
1 / 11
Property Description
This is a charming 14-unit community that will be a great addition to your investment portfolio. Totaling (13) 1 bedroom units and (1) 2 bedroom unit, consisting of (8) stand alone dwellings and three triplexes, this is a charming community that the tenants love. On-site laundry is offered, and submetered water reduces utility expenses for the owner.
Details
Address Information
Street #: 2620
Direction: N
Street Name: Stone
Suffix: Avenue
State/Province: AZ
Zip Code: 85705
County: Pima
Country: USA
Location Tax Legal
Tax Code: 107131910
Area: Central
Contract Information
Current Price: $1,499,000
List Price: $1,499,000
Listing Date: 2025-10-24
Status: Active
Short Sale: No
General Property Information
Property Sub-Type: Apartment
Year Built: 1948
Lot Dimensions: 116'x300'
Lot Acres: 0.81
Lot Sqft: 35182
Lot Size Source: Assessor
Combined SqFt: 7683
Source of SqFt: Assessor
List Price/SqFt: 195.11
Lot Size Price/SqFt: 42.61
Remarks Misc
Geo Lat: 32.254555
Geo Lon: -110.971354
Income
Gross Scheduled Rent: 142800
Vacancy Loss: 5
Net Opp Income: 93782
Unit Information
Apartment: Low Rise
Apartment Unit Information
# of Units/1 BR: 13
Avg Mo Rent/1 BR: 850
# of Units/2 BR: 1
Avg Mo Rent/2 BR: 1000
Electric
Electric Company: Tucson Electric
Property Features
Construction: Mud Adobe
Roof: Foam
Main Cooling: Central Air; Evaporative Cooling
Main Heating: Electric
Gas: Natural
Sewer: Connected
Water: Public
Window Features: Double Pane Windows
Landscape - Front: Natural Desert; Trees
Listing Office: ABI Multifamily
Last Updated: October - 25 - 2025
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