Great Rental Investment. 6 Studio Units fully renovated in 2022/2023. Each unit is individually metered for electricity and water! Year rental is about $60,000. The Cap. Rate is more than 8%. 100% of the units are Rented. There is a vacant land to add 3 or 4 extra units on the side of the property that is included on the selling price. It is located in the heart of south Tucson, surrounded by restaurants, grocery stores, freeway, etc.
For sale by owner
$599,000
120 E 34th St, Tucson, AZ 85713
--beds
1,725sqft
Est.:
MultiFamily
Built in 1962
-- sqft lot
$-- Zestimate®
$347/sqft
$-- HOA
Overview
What the owner loves about this home
Great Rental Investment. 6 STUDIO UNITS FULLY RENOVATED in 2022/2023. CAP RATE 7.3%. 100% Rented. There is a vacant land to add 3 or 4 extra units to the property. LOCATED IN THE HEART OF SOUTH TUCSON, CLOSE TO BUSSINESS, FREEWAY, AIRPORT.
- 470 days
- on Zillow |
- 115 |
- 3 |
Listed by:
(385) 250-9735
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Other
Cooling
- Evaporative
Appliances
- Included: Freezer, Range / Oven, Refrigerator
Features
- Flooring: Tile
- Basement: None
Interior area
- Total interior livable area: 1,725 sqft
Property
Parking
- Total spaces: 6
- Parking features: Off-street
Features
- Exterior features: Stucco, Cement / Concrete
- Has view: Yes
- View description: None
Lot
- Size: 6,846 Square Feet
Details
- Parcel number: 118241570
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1962
Community & HOA
Location
- Region: Tucson
Financial & listing details
- Price per square foot: $347/sqft
- Tax assessed value: $160,684
- Annual tax amount: $699
- Date on market: 4/28/2024
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