13
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Listed by Real Broker • Marc E Luety II
$550,000
Est. payment /mo
1,512 SqFt
New
120 E 34th St Tucson, AZ 85713
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Additional details
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,512 sqft
Price per Sqft $363
MLS Listing ID 22617813
Year Built 1948
Annual Tax Amount $1,269
Tax Year 2025
Lot Size 6,581 Sqft
Acres 0.15
Lot Dimensions 45.5 x 147.5
Source MLS of Southern Arizona
Property Description
6-unit studio apartment building on 0/15 AC in South Tucson, zoned SR-2 for upto 24 units. Individually metered electric/water, 100% occupied at in-place rents averaging $705/unit - below the $780 submarket average, with built-in upside. Adjacent fenced vacant lot included, generating $500/mo seperately. $56,760 GSI, ~8.6% cap rate at $4500,000 ask ($83,333/unit). Value-add refresh opportunit. Privat lenderr financing available.
Location
State AZ
County Pima
Area South
Zoning South Tucson - SR2
Direction Head NE of I-10 towards South Tucson, apartment located on 34th St between S. 5th and S 4th,
Exterior
Parking Features Paved Parking
Utilities Available Sewer Connected
View Y/N No
Water Access Desc Public
Roof Type Built-Up
Others
Tax ID 118252640
Acceptable Financing Other, Cash
Listing Terms Other, Cash
Special Listing Condition None
