$1,262,250
Tucson, AZ 85716
MLS# 22321360
Status: Closed
7892 sqft
1 / 1
Property Description
For sale is a unique opportunity to own a 12-unit multifamily property situated in the highly sought-after Midtown area of Tucson. This property offers a spacious environment for tenants and boasts picturesque views of the Santa Catalina mountains. Its prime location and attractive unit mix make it a promising investment, ripe for a new owner to reposition and maximize its full potential. DO NOT DISTURB. DRIVE BY ONLY.
Details
Address Information
Street #: 3520
Direction: E
Street Name: Bermuda
Suffix: Street
State/Province: AZ
Zip Code: 85716
County: Pinal
Country: USA
Location Tax Legal
Tax Code: 111-08-061
Area: Central
Contract Information
Current Price: $1,262,250
Sold Price: $1,262,250
Listing Date: 2023-10-02
Status: Closed
Short Sale: No
Status Change Info
Off Market Date: 2023-11-02
Pending Date: 2023-12-22
Sold Date: 2023-12-22
Sold Price: $1,262,250
Sold Price/SqFt: 159.94
Lot Sz Sold Prc/SqFt: 35.06
Financing: Conventional
General Property Information
Property Sub-Type: Apartment
# Units: 12
Multi-Tenant: Yes
Year Built: 1953
Lot Dimensions: See Tax Assessor
Lot Acres: 0.83
Lot Sqft: 36000
Lot Size Source: Assessor
Combined SqFt: 7892
Source of SqFt: Assessor
List Price/SqFt: 177.27
Lot Size Price/SqFt: 38.86
Remarks Misc
Geo Lat: 32.255452
Geo Lon: -110.917674
Income
Gross Scheduled Rent: 84648
Net Opp Income: 52376
Expenses
Insurance: 5150
Management: 7032
Taxes/Assessments: 6857
Water/Sewer: 11379
Unit Information
Apartment: Low Rise
Apartment Unit Information
# of Units/1 BR: 9
# of Units/2 BR: 2
# of Units/3 BR: 1
Electric
Electric Company: TEP
Property Features
Construction: Brick
Main Heating: Natural Gas
Water Heater: Natural Gas
Sewer: Connected
Landscape - Front: Desert Plantings
Road Type: Paved
Lot Features: North/South Exposure
Possession: Recording
Property Disclosures: Unknown
Special Conditions: Probate Estate
Listing Office: R.O.I. Properties
Last Updated: December - 23 - 2024
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