12 E University Boulevard

    Tucson, AZ 85705
    • $700,000
    • STATUS: Active
    • ID#: 22003702
    $700,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,514
      SQFT
    • $278
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1927
    County:
    Area:

    School Ratings & Info

    Courtesy of American Desert Realty.

    Description

    Investors/Developers-Here is your opportunity to own this fully leased 1927 brick fourplex that was originally built to house railroad workers. There is also a carriage house. The zoning on this property is C-3 which allows for commercial office and other uses. This property is in the Federal Opportunity Zone,plus may qualify for financial incentives under the GPLET and infill programs(contact listing broker details). Each unit has one spacious bedroom and living room, hardwood floors, working fireplace, air conditioning, living room, and full baths. The second floor units have balconies. Seller is willing to finance with an acceptable offer. Located walking distance to downtown and the U of A

    Monthly Payment Calculator



    Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2020-04-08T00:06:17.883.
    The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than The Local Real Estate Group | Realty Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.thelocalrealestategroup.com/homes/103034352

    12 E University Boulevard Tucson, AZ 85705

    • Price: $700,000
    • Status: Active
    • ID#: 22003702
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,514
    SQFT
    $278
    $/SQFT
    1927
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    Investors/Developers-Here is your opportunity to own this fully leased 1927 brick fourplex that was originally built to house railroad workers. There is also a carriage house. The zoning on this property is C-3 which allows for commercial office and other uses. This property is in the Federal Opportunity Zone,plus may qualify for financial incentives under the GPLET and infill programs(contact listing broker details). Each unit has one spacious bedroom and living room, hardwood floors, working fireplace, air conditioning, living room, and full baths. The second floor units have balconies. Seller is willing to finance with an acceptable offer. Located walking distance to downtown and the U of A
    Exterior Features

    Construction Brick Fence None Landscape Rear Low CareShrubs Road Type Paved Roof Built-Up

    Interior Features

    Main Cooling Ac Wall Main Heating Forced Air - Gas Water Heater Natural Gas

    Property Features

    Accessibility Option Entry Analysis Cap Rate Percent 4.14 Analysis Exp Percent Of Gross 15.22 Analysis Gross Rent Multi 20.50 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Business Location Office/Professional Country Usa Electric Electric Company Tep Expenses Admin Expenses 0.00 Expenses Captial Expenses 0.00 Expenses Insurance 2104.00 Expenses Maintenance Supplies 1009.04 Expenses Taxes Assessments 2745.88 Expenses Water Sewer 1440.00 Fema Flood Zone No Fenced Storage No Fire Protection Included in Taxes Freeway Highway 1.1 - 2 Miles Gas Natural Income Adjusted Gross 34140.00 Income Gross Scheduled Rent 34140.00 Income Net Opp Income 0.00 Income Other Income 0.00 Income Vacancy Loss 0.00 Lot Dimensions 74.88 X 66 Lot Features North/South Exposure Lot Sqft 4937.00 Multi Tenant Yes Municipal Flood Zone No Municipality Zoning Tucson - C3 Property Features Interior StepsSmoke Detector Property Sub Type Office Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2018 Taxes 2685.94 Terms CashOwner Carry Total Parking 0 Traffic Count Unknown Unit Information Office Office Building Water City

    Listing provided courtesy of American Desert Realty. Listing information © 2020 MLS of Southern Arizona.


    Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2020-04-08T00:06:17.883.
    The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than The Local Real Estate Group | Realty Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
    The Local Real Estate Group | Realty Executives
    6760 N Oracle Road Suite 130
    Tucson AZ, 85704
    Courtesy of American Desert Realty.