120 E 34th Street, Tucson, AZ 85713
sale
$550,000
|
Other
Courtesy Of Real Broker AZ, LLC
6-unit studio apartment building on 0/15 AC in South Tucson, zoned SR-2 for upto 24 units. Individually metered electric/water, 100% occupied at in-place rents averaging $705/unit - below the $780 submarket average, with built-in upside. Adjacent fenced vacant lot included, generating $500/mo seperately. $56,760 GSI, ~8.6% cap rate at $4500,000 ask ($83,333/unit). Value-add refresh opportunit. Privat lenderr financing available.
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Property Features
- Age: Over 50 Years Old
- Exterior Type: Brick
- Legal Description: Home No 2 W45.5' of Lot 5 Blk 18
- MLSID: 22617813
- Roof Type: Built-Up
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