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2461-2477 N Alvernon Way

Tucson, AZ 85712
  • $460,000
  • STATUS: Active
  • ID#: 22414545
UPDATED: 128 min ago
$460,000
  • 0
    BEDS
  • 0.59
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,176
    SQFT
  • $145
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1954
County:
Area:

School Ratings & Info

Courtesy of Realty Executives Arizona Territory.

Description

This 5-unit complex on 0.59 acres with O-3 zoning offers a multifaceted opportunity for both immediate income generation and long-term development potential. Located in an Opportunity Zone, investors and developers should consider the strategic location, zoning benefits, diverse development possibilities, and market demand to maximize the property's value. Made up of 3 casitas and a duplex, each with its own backyard, providing diverse rental configurations to meet tenants' needs. With it split between 2 parcels. Offering 4 - one-bedroom, one-bathroom units and 1- two-bedroom, one-bathroom unit. Most units are ripe for improvements, offering significant opportunities to boost rental income. Range $460,000-$500,000.

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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2024-07-15T00:07:00.457.
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 Eclipse Real Estate Group | Realty Executives Arizona Territory are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.eclipsehomesaz.com/homes/151536545
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2461-2477 N Alvernon Way Tucson, AZ 85712

  • Price: $460,000
  • Status: Active
  • On Site: Days
  • Updated: 128 min ago
  • ID#: 22414545
0
Beds
0
Baths
0
½ Baths
0.59
Acres
3,176
SQFT
$145
$/SQFT
1954
Built
Neighborhood:
Central
County:
Pima
Area:
Central
Property Description
This 5-unit complex on 0.59 acres with O-3 zoning offers a multifaceted opportunity for both immediate income generation and long-term development potential. Located in an Opportunity Zone, investors and developers should consider the strategic location, zoning benefits, diverse development possibilities, and market demand to maximize the property's value. Made up of 3 casitas and a duplex, each with its own backyard, providing diverse rental configurations to meet tenants' needs. With it split between 2 parcels. Offering 4 - one-bedroom, one-bathroom units and 1- two-bedroom, one-bathroom unit. Most units are ripe for improvements, offering significant opportunities to boost rental income. Range $460,000-$500,000.
Exterior Features

Construction Brick Fence Wood Landscape Front Low Care Landscape Rear Low Care Road Type Gravel Roof Built-UpShingle

Interior Features

Main Cooling Evaporative Cooling Water Heater Natural Gas

Property Features

Analysis Vacancy Rate Percent 5.00 Assessments 0.00 Business Location Redevelopment Area Country USA Electric Electric Company TEP Expenses Figures Presented Actual Expenses Insurance 2964.00 Expenses Management 4500.00 Expenses Other Expenses 896.00 Expenses Taxes Assessments 4790.00 Expenses Water Sewer 3312.00 Fema Flood Zone No Fire Protection Included in Taxes Gas Natural Income Adjusted Gross 46626.00 Income Gross Scheduled Rent 49080.00 Income Vacancy Loss 2454.00 Lot Dimensions See New Assesors map Lot Sqft 25556.00 Municipal Flood Zone No Municipality Zoning Tucson - 03 Property Disclosures Lead Based PaintSeller Prop Disclosure Property Sub Type Apartment Sewer Connected Short Sale No Source Of Sqft Assessor Tax Year 2023 Taxes 4789.98 Terms CashConventional Water City

Listing provided by Realty Executives Arizona Territory: (520) 877-4940. Listing information © 2024 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2024-07-15T00:07:00.457.
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 Eclipse Real Estate Group | Realty Executives Arizona Territory are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Eclipse Real Estate Group | Realty Executives Arizona Territory
6760 N Oracle Rd, #130
Tucson AZ, 85704
Courtesy of Realty Executives Arizona Territory.