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12 E University Boulevard

Tucson, AZ 85705
  • $620,000
  • STATUS: Closed
  • ID#: 22118189
Sold - 04/01/2022
$620,000
SOLD - 04/01/2022
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,514
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1927
County:
Area:

School Ratings & Info

Courtesy of Righteous Realty Company.

Description

***AUCTION DEADLINE EXTENDED TO MARCH 9, 2022***Currently pending and up for Highest and Best Offer through the Bankruptcy court (details included on the attached Notice of Hearing). All interested parties should submit offers to listing broker as soon as possible. Loads of potential for an easy remodel of the 4 units plus 1 detached carriage house (garage) and list for rent. Rents can easily hit $1,200/mo in this area. OR Unique re-development opportunity in the Downtown Incentive Area, Stone Ave corridor just west of the Historic West University Historic District. Located within the Downtown Infill Incentive District SSA section, most recent proposed use has been for a zero lot line, 5 story (25,000sf total) mixed used development.

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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-08-18T00:08:59.59.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than The Crown Team | KMS Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.azcrownteam.com/homes/119346504
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12 E University Boulevard Tucson, AZ 85705

  • Price: $620,000
  • Status: Closed
  • On Site: Days
  • ID#: 22118189
0
Beds
0
Baths
0
½ Baths
0.11
Acres
2,514
SQFT
$0
$/SQFT
1927
Built
Neighborhood:
Central
County:
Pima
Area:
Central
Property Description
***AUCTION DEADLINE EXTENDED TO MARCH 9, 2022***Currently pending and up for Highest and Best Offer through the Bankruptcy court (details included on the attached Notice of Hearing). All interested parties should submit offers to listing broker as soon as possible. Loads of potential for an easy remodel of the 4 units plus 1 detached carriage house (garage) and list for rent. Rents can easily hit $1,200/mo in this area. OR Unique re-development opportunity in the Downtown Incentive Area, Stone Ave corridor just west of the Historic West University Historic District. Located within the Downtown Infill Incentive District SSA section, most recent proposed use has been for a zero lot line, 5 story (25,000sf total) mixed used development.
Exterior Features

Construction Masonry Stucco Parking Shared Roof Built-Up

Interior Features

Main Cooling Central Air Main Heating Forced AirNatural Gas

Property Features

Analysis Cap Rate Percent 8.61 Analysis Gross Rent Multi 10.40 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Country Usa Electric Electric Company Tep Expenses Figures Presented Proforma Expenses Gas Electric 1000.00 Expenses Insurance 2200.00 Expenses Maintenance Supplies 1000.00 Expenses Taxes Assessments 2800.00 Expenses Water Sewer 400.00 Fema Flood Zone Tbd Fenced Storage Yes Fire Protection Included in Taxes Income Adjusted Gross 72000.00 Income Gross Scheduled Rent 72000.00 Income Vacancy Loss 0.00 Lot Dimensions Tbd Lot Sqft 4937.00 Municipal Flood Zone Tbd Municipality Zoning Tucson - C3 Property Disclosures None Property Sub Type Apartment Restrictions Cc&RDeed Sewer Connected Short Sale No Source Of Sqft Assessor Tax Year 2020 Taxes 2782.73 Terms CashConventionalSubmit Water City

Listing provided by Righteous Realty Company: (520) 310-3110. Listing information © 2022 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-08-18T00:08:59.59.
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than The Crown Team | KMS Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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The Crown Team | KMS Realty
5225 E Pima St.
Tucson AZ, 85712
Courtesy of Righteous Realty Company.