$248,000
$248,000
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719 S 4th Ave Tucson, AZ 85701
5,002 SqFt
Key Details
Sold Price $248,000
Property Type Other Types
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 Central Air, Evaporative Cooling
Building
Sewer Connected
Water City Water
Others
Acceptable Financing Cash
Listing Terms Cash
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Copyright 2024 MLS of Southern Arizona
Bought with Realty Executives Arizona Territory