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    12 E University Boulevard

    Tucson, AZ 85705
    • $1,000,000
    • STATUS: Active
    • MLS #: 22118189
    UPDATED: 32 min ago
    $1,000,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,514
      SQFT
    • $398
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1927
    County:
    Area:

    School Ratings & Info

    Courtesy of Righteous Realty Company.

    Description

    Unique re-development opportunity in the West University Historic District steps away from the Stone Ave corridor. Located within the Downtown Infill Incentive District SSA section, most recent proposed use has been for a zero lot line, 5 story (25,000sf total) mixed used development. The property also has potential for an easy remodel of the 4 units plus 1 detached carriage house (garage) and list for rent.

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    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-07-23T14:07:00.13.
    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 A.Z. & Associates Real Estate Group are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.soldbytlt.com/homes/119346504
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    12 E University Boulevard Tucson, AZ 85705

    • Price: $1,000,000
    • Status: Active
    • Updated: 32 min ago
    • MLS #: 22118189
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,514
    SQFT
    $398
    $/SQFT
    1927
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    Unique re-development opportunity in the West University Historic District steps away from the Stone Ave corridor. Located within the Downtown Infill Incentive District SSA section, most recent proposed use has been for a zero lot line, 5 story (25,000sf total) mixed used development. The property also has potential for an easy remodel of the 4 units plus 1 detached carriage house (garage) and list for rent.
    Exterior Features

    Construction Masonry Stucco Parking Shared Roof Built-Up

    Interior Features

    Main Cooling Ac Central Main Heating Forced Air - Gas

    Property Features

    Analysis Cap Rate Percent 6.46 Analysis Gross Rent Multi 13.88 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Country Usa Electric Electric Company Tep Expenses Figures Presented Proforma Expenses Gas Electric 1000.00 Expenses Insurance 2200.00 Expenses Maintenance Supplies 1000.00 Expenses Taxes Assessments 2800.00 Expenses Water Sewer 400.00 Fema Flood Zone Tbd Fenced Storage Yes Fire Protection Included in Taxes Income Adjusted Gross 72000.00 Income Gross Scheduled Rent 72000.00 Income Vacancy Loss 0.00 Lot Dimensions Tbd Lot Sqft 4937.00 Municipal Flood Zone Tbd Municipality Zoning Tucson - C3 Property Disclosures None Property Sub Type Apartment Restrictions Cc&RDeed Sewer Connected Short Sale No Source Of Sqft Assessor Tax Year 2020 Taxes 2782.73 Terms CashSubmitConventional Water City

    Listing provided courtesy of Righteous Realty Company. Listing information © 2021 MLS of Southern Arizona.


    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-07-23T14:07:00.13.
    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 A.Z. & Associates Real Estate Group are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
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    A.Z. & Associates Real Estate Group
    17235 N 75th Avenue, Suite B150
    Glendale AZ, 85308
    Courtesy of Righteous Realty Company.