Skip To Content

    1522 N Park Avenue

    Tucson, AZ 85719
    • $990,000
    • STATUS: Active
    • ID#: 22122314
    UPDATED: 41 min ago
    $990,000
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,876
      SQFT
    • $203
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1921
    County:
    Area:

    School Ratings & Info

    Courtesy of Realty Executives Arizona Territory.

    Description

    Income producing UofA portfolio in prime location just north of the university. 3 single family homes, fully occupied with below market rents. 1522 N Park Ave is a 5 bedroom 3 bath home. 1524 N Park Ave is a 6 bedroom 3 bath home. 1010 E Lee St is a 2 bed 1 bath home. All units are occupied with plenty of room to raise rents. See attached brochure. Priced to sell, this listing will not last!

    Monthly Payment Calculator



    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-09-25T17:06:50.213.
    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 Long Realty Company are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.arizonahomesearch.com/homes/120950544
    Print Image

    1522 N Park Avenue Tucson, AZ 85719

    • Price: $990,000
    • Status: Active
    • Updated: 41 min ago
    • ID#: 22122314
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    4,876
    SQFT
    $203
    $/SQFT
    1921
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    Income producing UofA portfolio in prime location just north of the university. 3 single family homes, fully occupied with below market rents. 1522 N Park Ave is a 5 bedroom 3 bath home. 1524 N Park Ave is a 6 bedroom 3 bath home. 1010 E Lee St is a 2 bed 1 bath home. All units are occupied with plenty of room to raise rents. See attached brochure. Priced to sell, this listing will not last!
    Interior Features

    Main Cooling Ac Central Main Heating Forced Air - ElecForced Air - Gas Water Heater ElectricNatural Gas

    Property Features

    Accessibility Option Level Analysis Cap Rate Percent 6.05 Analysis Gross Rent Multi 11.40 Analysis Vacancy Rate Percent 6.00 Assessments 0.00 Country Usa Electric Electric Company Tep Expenses Figures Presented Proforma Expenses Insurance 3550.00 Expenses Maintenance Supplies 1000.00 Expenses Management 7392.00 Expenses Taxes Assessments 4345.00 Fire Protection Included in Taxes Gas Natural Income Adjusted Gross 86856.00 Income Gross Scheduled Rent 92400.00 Income Net Opp Income 60756.00 Income Other Income 0.00 Income Vacancy Loss 5544.00 Lot Dimensions irregular Lot Sqft 15682.00 Multi Tenant Yes Municipality Zoning Tucson - R2 Property Sub Type Apartment Sewer Connected Short Sale No Source Of Sqft Assessor Tax Year 2020 Taxes 4345.00 Water City

    Listing provided courtesy of Realty Executives Arizona Territory. Listing information © 2021 MLS of Southern Arizona.


    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-09-25T17:06:50.213.
    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 Long Realty Company are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
    https://bt-photos.global.ssl.fastly.net/tucson/1280_boomver_1_22122314-2.jpg https://bt-photos.global.ssl.fastly.net/tucson/1280_boomver_1_22122314-2.jpg https://bt-photos.global.ssl.fastly.net/tucson/1280_boomver_1_22122314-2.jpg
    Logo
    Long Realty Company
    4051 E. Sunrise Dr, Suite 101
    Tucson AZ, 85718
    Courtesy of Realty Executives Arizona Territory.