
Courtesy of: Marc E Luety II, Real Broker, marc@luetygroup.com
$550,000
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Lot: 0.15 Acres
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Other
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$550,000
120 E 34th Street 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.
Courtesy of: Marc E Luety II, Real Broker, marc@luetygroup.com
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