Listing ID6430193
Sold For$735,000
StatusClosed
Sold Date11/30/2022
CountyPima
SubdivisionBRONX PARK
Year Built1984
Property TypeMultiple Dwellings
*Owner/Agent* This property is located, 5 minutes from the University of Arizona, Pima Community College, and the ever-growing Downtown Tucson area, with lots of dining and shopping options to choose from within walking distance. Located in the central neighborhood of Balboa Heights, with Interstate 10 serving as the southwestern border of the neighborhood, residents are at arm's reach of great attractions like the breathtaking Saguaro National Park as well as the vibrant nightlife of Downtown Tucson.These 2 bedroom, 1 bathroom units are spacious for tenants at 995 sqft per unit. The units all feature updated kitchens and bathrooms, including stainless steel appliances, and units are tiled throughout the common areas. In-unit washer and dryer hookups, and off street parking is available. The propety has been occupied for the last 10 years, so this opportunity to invest when all of the units are vacant will not come up again.
County
Pima
Property Type
Multiple Dwellings
Subdivision
BRONX PARK
Year Built
1984
Zoning
O3
2 Bedroom Units # Baths
1
2 Bedroom Units Avg SqFt
995
Cooling
See Remarks
Cooling
yes
Efficiency Units # Baths
1
Efficiency Units # Efficiency Units
5
Efficiency Units Avg SqFt
995
Heating
Ceiling
Heating
yes
Community Features
No Pool
Country
US
Directions
One block west of stone south of Grant rd
Elementary School District
Out of Area
General Property Description Elementary School District2
Out of Area
General Property Description High School District
Out of Area
High School District
Out of Area
Postal City
Tucson
Township
14
Water Source
City Franchise
Construction Materials
Block
Electric
Other (See Remarks)
General Property Description # of Buildings
1
General Property Description Lot Size Dimensions
Irregular
General Property Description Total # of Units
5
Lot Size Dimensions
Irregular
Number Of Buildings
1
Number Of Units Total
5
Parking Features
Other (See Remarks)
Road Surface Type
Asphalt
Roof
See Remarks
Sewer
Public Sewer
Buyer Agency Compensation
2.00
Mls Status
Closed
Public Survey Range
13
Public Survey Section
1
1 Bedroom Units Avg Rent
1200
2 Bedroom Units Avg Rent
1200
3 Bedrooms Units Avg Rent
1350
4 Bedrooms Units Avg Rent
1200
Cap Rate
7.69
Disclosures
Other (See Remarks)
Efficiency Units Avg Rent
1200
Gross Income
85560
Gross Scheduled Income
81000
Listing Terms
Other (See Remarks)
Net Operating Income
59586
Operating Expense
3202
Owner Pays
See Remarks
Tax Annual Amount
3202
Tax Block
009
Tax Book Number
115.00
Tax Lot
00009
Tax Year
2014
Tenant Pays
See Remarks
Contact - Listing ID 6430193
Michael Bohlman
2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800
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