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Key Details
Sold Price $327,750
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Menlo Park Annex Amd
MLS Listing ID 6166352
Sold Date 02/26/21
Maintenance Fees $1,000
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 2005
Annual Tax Amount $1,772
Tax Year 2014
Lot Dimensions 7680
Property Description
Portfolio Sale in UP AND COMING Menlo Park
7 total parcels, 8 buildings, 7 duplexes, 1 SFR. 15 units (Summary/Mix in Documents)
One 3 unit (2/2 sfr. 1948 remodeled in 2001 plus 1/1 Duplex built in 2001)
Additional Six parcels included - Six 3bd 2ba Duplexes built after 2002
$2,365,000 Price based on October 2020 appraisal (attached).
7 of 13 A/C's new in 2019/2020 (receipt attached)
5 of 15 units w/all new appliances. Some with washer and dryer. All with hookups.
All utilities are metered and paid by tenants except water on the Tri-Plex property.
walk to light rail, 5 minutes to downtown, ten minutes to U of A Campus. New Caterpillar Headquarters, El Rio Medical and brand new apartment complex coming soon!
Buyer to verify all figures.
Location
State AZ
County Pima
Community Menlo Park Annex Amd
Zoning Tucson R-2
Direction Exit Congress Ave. Right to Grande
Interior
Heating Central, Electric
Cooling 2 or More Units, Central A/C, Electric
Appliance Dishwasher, FS OvenRange, Refrigerator, WD Hookup, Microwave, WasherDryer
Exterior
Community Features No Pool
Waterfront No
Roof Type Rolled/Hot Mop
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise, Individual Meter
New Construction Yes
Schools
School District Out Of Area
Others
Senior Community No
Tax ID 116-18-254-C
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Conventional
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