Tucson, AZ 85711

$675,000
Property Type: Commercial Square Footage: 5,164 Lot Size (sq. ft.): 9,055 Status: Closed
Current Price: $675,000 List Date: 1/31/2024 Last Modified: 8/17/2026

Overview

Description

Well-maintained and recently upgraded 5-UNIT apartment. This opportunity will allow for an investor to capitalize on the growing housing demand in Tucson. Close to DMAFB and major bus routes. All units are currently vacant. Each unit is approximately 1,000sf, 2 bedroom, 1 bathroom with newer carpet, newer tile flooring, newer plumbing fixtures and water heaters, as well as tile or granite counters. The property includes onsite coin laundry room, large backyards for some units, as well as common areas enclosed with security fencing. Roof recently maintained, 2 AC's were recently installed and overall upgrades have been completed in the last few years.

Listing Details MLS# 22402608

Address Information

State/Province
AZ
Zip Code
85711
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
131-05-0170
Area
Central
Tax Year
2023
Taxes
1791.77
Assessments
0
Legal Description
FERRY LOT 17 1
Municipality/Zoning
Tucson - R3
Fire Protection
Included in Taxes

General Property Information

Property Sub-Type
Apartment
Construction Status
Existing
# Units
5
Multi-Tenant
Yes
Year Built
1984
Lot Dimensions
72.49, 126.14, 71.43, 125.98
Lot Acres
0.21
Lot Sqft
9055
Lot Size Source
Assessor
Combined SqFt
5164
Source of SqFt
Assessor
List Price/SqFt
150.08
Lot Size Price/SqFt
85.59

Property Features

Property Features: Smoke Detector Construction: Frame - Stucco Roof: Built-Up - Reflect; Rolled Main Heating: Electric; Forced Air Water Heater: Electric Sewer: Connected Water: Public Security: Window Bars Fence: Wood Landscape - Front: Low Care Landscape - Rear: Low Care Road Type: Paved Parking: Common Traffic Count: Unknown Terms: Assumption; Cash; Conventional Possession: Recording Submit With Offer: Loan Pre-Qualifiaction; Proof of Funds Property Disclosures: None; Unknown Special Conditions: None

Contract Information

Method of Title
Fee (Simple)
Short Sale
No

Status Change Info

Off Market Date
2024-02-22
Pending Date
2024-02-11
Sold Date
2024-04-19
Sold Price/SqFt
130.71
Lot Sz Sold Prc/SqFt
74.54
Financing
FHA

More Information

Showing Information

Directions
Head south on Craycroft Rd, turn e on 30th st, destination is on the right.

Income

Gross Scheduled Rent
60000

Expenses

Insurance
2200
Taxes/Assessments
1790
Water/Sewer
3120

Unit Information

Apartment
Mid Rise

Apartment Unit Information

# of Units/2 BR
5

Parking

Other
1 space per unit
Common
Yes

Sold Info

Down Payment
202500
Est. Closing Date
2024-04-19
Seller Paid Repairs
6000
Seller Concessions
0

Construction

Frame - Stucco
Yes

Sewer

Connected
Yes

Roof

Built-Up - Reflect
Yes
Rolled
Yes

Water

Public
Yes

Property Features

Smoke Detector
Yes

Fence

Wood
Yes

Road Type

Paved
Yes

Main Heating

Electric
Yes
Forced Air
Yes

Water Heater

Electric
Yes

Terms

Assumption
Yes
Cash
Yes
Conventional
Yes

Submit With Offer

Loan Pre-Qualifiaction
Yes
Proof of Funds
Yes

Special Conditions

None
Yes

Security

Window Bars
Yes

Landscape - Front

Low Care
Yes

Landscape - Rear

Low Care
Yes

Freeway/Highway

Over 5.1 Miles
Yes

Traffic Count

Unknown
Yes

Possession

Recording
Yes

Property Disclosures

Unknown
Yes
None
Yes
IDX
Listing Office: West USA Realty
Last Updated: August - 17 - 2026
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