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1842 N Santa Rita Avenue Tucson, AZ 85719
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Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type 3 Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,365 sqft
Price per Sqft $222
Subdivision Speedway Addition No. 1
MLS Listing ID 22406861
Sold Date 04/29/24
Style Contemporary
Bedrooms 10
Full Baths 8
HOA Y/N No
Year Built 1947
Annual Tax Amount $3,360
Tax Year 2023
Lot Size 0.260 Acres
Acres 0.26
Property Description
A profitable three unit close to the University of Arizona Campus & downtown Tucson! Total of 3 units: a duplex and a single family home. Unit A is 4 bedrooms, 3 bathrooms generating $2,700 in rents. Unit B is 2 bedrooms and 2 bathrooms and makes $1,450 a month. Unit C is 4 bedrooms, 3 bathrooms and makes $2,299 a month. All in amazing condition and updated. Lots of parking and gated entry for extra security. Within walking and biking distance to the U of A makes this ideal for college students. Amazing cap rate, fully occupied with leases in place and a high return. This hard to find investment property is turn key. PLEASE DO NOT DISTURB CURRENT TENANTS! Units will be shown with an accepted offer or during showing window on Saturday.
Location
State AZ
County Pima
Area Central
Zoning Tucson - 03
Rooms
Other Rooms None
Dining Room Eat-In Kitchen
Kitchen Breakfast Bar, Dishwasher, Refrigerator
Interior
Hot Water Electric
Heating Forced Air
Cooling Central Air
Flooring Ceramic Tile, Concrete, Vinyl
Fireplace No
Laundry Laundry Closet
Exterior
Exterior Feature None
Fence Wood
Pool None
Community Features None
Amenities Available None
View None
Roof Type Rolled
Accessibility None
Road Frontage Gravel, Paved
Building
Lot Description 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, FHA Loan, VA Loan
Horse Property No
Listing Terms Cash, Conventional, FHA Loan, VA Loan
Special Listing Condition None
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Copyright 2024 MLS of Southern Arizona
Bought with Realty Executives Arizona Territory
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