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$1,450,000
Est. payment /mo
8,658 SqFt
UPDATED:
10/28/2024 04:53 PM
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Contingent
Purchase Type For Sale
Square Footage 8,658 sqft
Price per Sqft $167
MLS Listing ID 22417043
Year Built 1963
Annual Tax Amount $6,271
Tax Year 2023
Lot Size 0.820 Acres
Acres 0.82
Property Description
Midtown Garden Style Venice Arms Apartment Complex with 6% cap rate. Exterior brick construction, (8) one-bedroom units and (4) two-bedroom units, plus on-site laundry facilities. Each unit has own mini-splits, tile floors, small patio area and great central location. Each tenant gets one carport space. Storage room could be converted to a studio unit or repurposed as rentable storage space.10 minutes to the University of Arizona
Location
State AZ
County Pima
Area Central
Zoning Tucson - R2
Interior
Hot Water Natural Gas
Heating Forced Air, Natural Gas
Cooling Heat Pump
Exterior
Fence Chain Link, Slump Block, Wood
Roof Type Built-Up
Road Frontage Gravel
Building
Lot Description North/South Exposure
Sewer Connected
Water City
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Copyright 2024 MLS of Southern Arizona
Listed by Tierra Antigua Realty