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    3035-3053 N Los Altos Avenue

    Tucson, AZ 85705
    • $900,000
    • STATUS: Active
    • ID#: 22031178
    UPDATED: 26 min ago
    $900,000
    • 0
      BEDS
    • 0.83
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,270
      SQFT
    • $144
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1948
    County:
    Area:

    School Ratings & Info

    Courtesy of Joseph Bernard Investment Re.

    Description

    Great NW Tucson 10 unit property. Nine- 2 bedroom/1 bathroom units and one- 3 bedroom/1 bathroom unit. The neighborhood is experiencing a lot of growth with new houses and townhomes being built/recently built nearby. Value add opportunity with under market rents. Rents could potentially be raised $200-$300 per unit compared to other buildings nearby. The building has undergone recent upgrades with all new mini split A/C's in all units, and most units have updated interiors. Just over 2 miles north of University of Arizona. Close by to major employers such as Banner Health, Raytheon and more.

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    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-03-01T07:06:50.74.
    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/112713063
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    3035-3053 N Los Altos Avenue Tucson, AZ 85705

    • Price: $900,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: 22031178
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.83
    Acres
    6,270
    SQFT
    $144
    $/SQFT
    1948
    Built
    Neighborhood:
    Northwest
    County:
    Pima
    Area:
    Northwest
    Property Description
    Great NW Tucson 10 unit property. Nine- 2 bedroom/1 bathroom units and one- 3 bedroom/1 bathroom unit. The neighborhood is experiencing a lot of growth with new houses and townhomes being built/recently built nearby. Value add opportunity with under market rents. Rents could potentially be raised $200-$300 per unit compared to other buildings nearby. The building has undergone recent upgrades with all new mini split A/C's in all units, and most units have updated interiors. Just over 2 miles north of University of Arizona. Close by to major employers such as Banner Health, Raytheon and more.
    Interior Features

    Main Cooling Ac Wall

    Property Features

    Analysis Cap Rate Percent 6.07 Analysis Gross Rent Multi 10.58 Analysis Vacancy Rate Percent 5.00 Assessments 0.00 Country Usa Fire Protection None Income Adjusted Gross 85050.00 Income Gross Scheduled Rent 87000.00 Income Net Opp Income 54627.00 Income Other Income 2400.00 Income Vacancy Loss 4350.00 Lot Dimensions Unknown Lot Sqft 36000.00 Municipality Zoning Tucson - R2 Property Sub Type Apartment Security None Short Sale No Source Of Sqft Other Tax Year 2019 Taxes 4811.53 Water City

    Listing provided courtesy of Joseph Bernard Investment Re. Listing information © 2021 MLS of Southern Arizona.


    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-03-01T07:06:50.74.
    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/orig_boomver_1_22031178-2.jpg https://bt-photos.global.ssl.fastly.net/tucson/orig_boomver_1_22031178-2.jpg https://bt-photos.global.ssl.fastly.net/tucson/orig_boomver_1_22031178-2.jpg
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    Long Realty Company
    4051 E. Sunrise Dr, Suite 101
    Tucson AZ, 85718
    Courtesy of Joseph Bernard Investment Re.