227 N Warren Avenue

Tucson, AZ 85719

Bungalow

Tucson, AZ 85719

227 N Warren Avenue

$540,000

MLS#: 22207505

Status: Closed

Listing provided by: Tierra Antigua Realty

Listing agent phone: None

Last update: 1 year, 6 months ago

On site: 4 years ago

Bingham Addition - Residential Income

About

NO SHOWINGS UNTIL ACCEPTED CONTRACT!! DO NOT DISTURB TENANTS. Excellent multi-family income property for sale! 5 total rental units on this property. There is 2 buildings. 1.) 1980 3-plex at 1,802 sq/ft 2.) 1940 2-plex 792 sq/ft. There is 2 studios, 1 (1 bedroom & 1 bath) & 2 (2 bedroom & 1 bath) units. Large lot at .33 acres gives lots of additional potential for a buyer. Off street parking too! Just south of UofA! Rents currently below market value with room to improve! Actual CAP rate is 5%. Estimated Proforma CAP Rate is 6.9% when adjusting rents to estimated current market value.

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1940

Sq.Footage

2,594

Features

Features & Amenities

Interior

  • Other Interior Features

    Kitchen Island, Beamed Ceilings, Laminate Counters, Tile Counters, Pantry

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Window Unit(s)

  • Heating YN

    YES

  • Heating

    Radiant, Forced Air, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Other Exterior Features

    None

  • Parking

    Alley Access

  • Patio and Porch Features

    Deck, Covered

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.33

  • Lot Size(square feet)

    37

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Bungalow

Price

  • Sales Price

    $540,000

  • Sq. Footage

    2,594

  • Price/SqFt

    $208

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    Sam Hughes

  • Middle School

    Mansfeld

  • High School

    Tucson

Property Features

  • Water Source

    Public

Schedule

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Location

  • County

    Pima

  • Elementary School

    Sam Hughes

  • Middle School

    Mansfeld

  • High School

    Tucson

Listing Courtesy of Jeremy Groch , Tierra Antigua Realty

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227 N Warren Avenue

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