Tucson, AZ 85701,719 S 4th Ave

$248,000

$248,000

Est.Price: ?

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Est. payment /mo

5,002 SqFt


SOLD DATE : 03/11/2015

Key Details

Sold Price $248,000

Property Type Other Types

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 5,002 sqft

Price per Sqft $49

Subdivision City Of Tuc (Ownership Map)

MLS Listing ID 21504561

Sold Date 03/11/15

Year Built 1923

Annual Tax Amount $1,693

Tax Year 2012

Lot Size 0.280 Acres

Acres 0.28

Property Description

Huge potential in this historic 12 unit apartment complex. This is a former bakery building, and is a contributing structure to the Armory Park Historic Dist. All units face a central courtyard, and have their own bathrooms and kitchen areas. Major work is needed, including fire damage restoration, so bring your imagination and a contractor. High ceilings throughout, with several sleeping lofts and wire-glass skylights. The apartments are all large studios, and should easily rent for $500 each when finished, providing a yearly gross of $72,000. As-built drawings are done, and attached for review. City has approved continued use of the 12 unit configuration. Property sold AS-IS, and buyer must perform all due diligence with regards to potential uses. No utilities, SPDS, or CLUE.

Location

State AZ

County Pima

Area Central

Zoning Tucson - HR3

Interior

Heating None

Cooling Evap Central

Building

Sewer Connected

Water City Water

Others

Acceptable Financing Cash

Listing Terms Cash

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MLS OF ARIZONA (MLSAZ) / Tucson Association of REALTORS®(TAR MLS)
Listed by Habitation Realty
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