Courtesy of Bliss Realty & Investments
Property Description
Own a cash flowing 7 unit building that is 100% occupied and newly renovated! Close to university, airport, and interstates, but a very walkable community. Over $10,500+ per year in cash flow with a 7.53% cap rate. Low maintenance solid block construction. 12 parking spaces. Priced at under $123,000/unit and well below comps. 4 – 2 bedroom units; 2 – 1 bedroom units; and 1 studio so a good tenant mix.
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Property Details and Features
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Appliances & Equipment
- “F/S Oven/Range”
- “Microwave”
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Building
- Built in 1963
- Construction materials: “Painted”, “Stucco”, “Block”, “Frame – Wood”
- 7 total units
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Cooling
- “Electric”
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Floors
- “Vinyl”
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Heating
- “Electric”
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Listing
- Listing ID: 6724399
- Standard status: Active
- 118 days on market
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Location
- Subdivision name: HOME 2
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Parking
- “Free”
- 12 total parkings
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Property
- Zoning: SR2
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Roof
- “Composition”
- “Built-Up”
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Schools
- High school district: Tucson Unified District
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Sewer
- “Public Sewer”
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Taxes
- Annual amount: $1,774
- Lot: 00011
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Tenant Pays
- “Trash Collection”
- “Gas”
- “Electricity”
- “Water”
- “Sewer”
- “Cable TV”
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Utilities
- “Other (See Remarks)”
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This content last updated on October 21, 2024 1:11PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.