3455 N 2nd Avenue, Tucson, AZ 85705

$420,000
Property Type: Commercial Square Footage: 2,205 Lot Size (sq. ft.): 9,148 Status: Closed
Current Price: $420,000 List Date: 3/11/2020 Last Modified: 6/05/2026

Overview

Description

100% TURN KEY! Project Manager thought of everything to make this turn-key for you! Completely remodeled five 1 bedroom/1 bath units. Building is only an 8 min. drive to the UofA, close to the bus line, across the street from a public library, and near grocery stores and shopping centers. All NEW AC units and furnaces (with warranties), new water heaters, low flow toilets, tile throughout the units, stainless steel appliances with new kitchen cabinets, new interior and exterior paint, stucco, and dual pane windows. Freshly graveled - parking area with room for 10 cars. For a detailed list of improvements please contact Listing Agent! DO NOT DISTURB TENANTS - 100% Rented, Units #1 $650, #2 $650, #3$675, #4 $675, #5 $695

Listing Details MLS# 22006747

Address Information

Street #
3455
Direction
N
Street Name
2nd
Suffix
Avenue
State/Province
AZ
Zip Code
85705
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
106-04-161A
Area
Central
Tax Year
2019
Taxes
1510.62
Assessments
0
Legal Description
GARDEN HOMES LOT 9 & 10 EXC E30' & EXC S62' & EXC W220' & EXC N86' THEREOF BLK 8
Municipality/Zoning
Tucson - R3
Fire Protection
Included in Taxes

General Property Information

Property Sub-Type
Apartment
Multi-Tenant
Yes
Year Built
1963
Lot Dimensions
Square
Lot Acres
0.21
Lot Sqft
9148
Lot Size Source
Appraiser
Combined SqFt
2205
Source of SqFt
Assessor
List Price/SqFt
190.48
Lot Size Price/SqFt
45.91

Property Features

Construction: Brick Main Cooling: Central Air Main Heating: Forced Air; Natural Gas Water: Public Security: None Terms: Cash; Conventional; Submit

Contract Information

Method of Title
Co-op
Short Sale
No

Status Change Info

Off Market Date
2020-03-10
Pending Date
2020-03-09
Sold Date
2020-03-10
Sold Price/SqFt
190.48
Lot Sz Sold Prc/SqFt
45.91
Financing
Cash

More Information

Income

Gross Scheduled Rent
40140
Net Opp Income
32077.6
Vacancy Loss
0

Analysis

Cap Rate %
7.63
Gross Rent Multi
9.2
Vacancy Rate %
0

Expenses

Insurance
1563
Management
2408.4
Taxes/Assessments
1511
Water/Sewer
2100
Other Expenses
480

Unit Information

Apartment
Low Rise

Apartment Unit Information

# of Units/1 BR
5
Avg Mo Rent/1 BR
650

Sold Info

Est. Closing Date
2020-03-10
Down Payment
0
Seller Concessions
0
Seller Paid Repairs
0

Construction

Brick
Yes

Water

Public
Yes

Main Cooling

Central Air
Yes

Main Heating

Forced Air
Yes
Natural Gas
Yes

Terms

Cash
Yes
Conventional
Yes
Submit
Yes

Security

None
Yes
IDX
Listing Office: Realty Executives Arizona Territory
Last Updated: June - 05 - 2026
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 the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.

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