521 E University Boulevard, Tucson, AZ 85705
$530,000
Property Type:
Commercial
Square Footage:
1,831
Lot Size (sq. ft.):
7,841
Status:
Closed
Current Price:
$530,000
List Date:
4/05/2021
Last Modified:
6/05/2026
Overview
Description
Supplements:
Listing Details MLS# 22108773
Address Information
- Street #
- 521
- Direction
- E
- Street Name
- University
- Suffix
- Boulevard
- State/Province
- AZ
- Zip Code
- 85705
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 117-03-0310
- Area
- Central
- Tax Year
- 2020
- Taxes
- 4121
- Assessments
- 0
- Taxes For
- Building & Land
- Legal Description
- Tucson lot 13 Blk 24
- Development Name
- Art Deco
- Municipality/Zoning
- Tucson - HR3
- Fire Protection
- Included in Taxes
- FEMA Flood Zone
- No
- Municipal Flood Zone
- No
General Property Information
- Property Sub-Type
- Apartment
- Construction Status
- Existing
- # Units
- 5
- Total Parking
- 5
- Multi-Tenant
- Yes
- Year Built
- 1923
- Lot Dimensions
- 60' X 128' +/-
- Lot Acres
- 0.18
- Lot Sqft
- 7841
- Lot Size Source
- Assessor
- Combined SqFt
- 1831
- Source of SqFt
- Assessor
- Leasable SqFt
- 1831
- List Price/SqFt
- 314.04
- Lot Size Price/SqFt
- 73.33
Property Features
Construction:
Masonry Stucco
Roof:
Built-Up
Fenced Storage:
Yes
Main Cooling:
Central Air
Main Heating:
Forced Air; Natural Gas
Water Heater:
Natural Gas
Gas:
Natural
Sewer:
Connected
Water:
Public
Accessibility Option:
None
Security:
None
Fence:
Block; Stucco Finish
Landscape - Front:
Low Care
Landscape - Rear:
Low Care
Road Type:
Paved
Lot Features:
Corner Lot
Traffic Count:
Unknown
Terms:
Cash; Conventional; Owner Carry
Submit With Offer:
Digital Signature Accepted; Earnest Check; Income Property Addendum; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures:
Lead Based Paint; Seller Prop Disclosure
Special Conditions:
None
Restrictions:
CC&R; Deed
Contract Information
- Method of Title
- Fee (Simple)
- Short Sale
- No
Status Change Info
- Off Market Date
- 2021-04-17
- Pending Date
- 2021-05-06
- Sold Date
- 2021-05-18
- Sold Price/SqFt
- 289.46
- Lot Sz Sold Prc/SqFt
- 67.59
- Financing
- Cash
More Information
Showing Information
- Directions
- S on Euclid from Speedway, W on University Blvd to address. Property is located at NW corner of University Blvd and Bean Ave.
Income
- Gross Scheduled Rent
- 47220
- Adjusted Gross
- 47220
- Total Expenses
- 14672
- Net Opp Income
- 32548
- Vacancy Loss
- 0
- Other Income
- 0
Analysis
- Cap Rate %
- 6.14
- Gross Rent Multi
- 11.22
- Exp/SqFt
- 8.01
- Exp % of Gross
- 31.07
- Vacancy Rate %
- 0
Expenses
- Contract Services
- 2028
- Figures Presented
- Proforma
- Gas/Electric
- 3938
- Insurance
- 909
- Maintenance Supplies
- 2500
- Taxes/Assessments
- 4121
- Water/Sewer
- 1176
- Admin Expenses
- 0
- Captial Expenses
- 0
- Management
- 0
- Resident Manager
- 0
- Other Expenses
- 0
Apartment Unit Information
- # of Units/Studios
- 3
- Avg Mo Rent/Studios
- 760
- # of Units/1 BR
- 2
- Avg Mo Rent/1 BR
- 825
Electric
- Electric Company
- TEP
Parking
- Other
- off street
Submit With Offer
- Seller Title Company
- Fidelity
- Digital Signature Accepted
- Yes
- Earnest Check
- Yes
- Income Property Addendum
- Yes
- Loan Pre-Qualifiaction
- Yes
- Proof of Funds
- Yes
Gas
- Natural
- Yes
Construction
- Masonry Stucco
- Yes
Sewer
- Connected
- Yes
Roof
- Built-Up
- Yes
Water
- Public
- Yes
Fence
- Block
- Yes
- Stucco Finish
- Yes
Road Type
- Paved
- Yes
Fenced Storage
- Yes
- Yes
Lot Features
- Corner Lot
- Yes
Main Cooling
- Central Air
- Yes
Main Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Water Heater
- Natural Gas
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
- Owner Carry
- Yes
Accessibility Option
- None
- Yes
Special Conditions
- None
- Yes
Security
- None
- Yes
Sold Info
- Seller Concessions
- 0
Landscape - Front
- Low Care
- Yes
Landscape - Rear
- Low Care
- Yes
Freeway/Highway
- 1.1 - 2 Miles
- Yes
Traffic Count
- Unknown
- Yes
Restrictions
- CC&R
- Yes
- Deed
- Yes
Property Disclosures
- Lead Based Paint
- Yes
- Seller Prop Disclosure
- Yes
Upgrade List ›
Listing Office:
Long Realty Company
Last Updated: June - 05 - 2026
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