1331-1349 W Pennington Street, Tucson, AZ 85745
$1,340,000
Property Type:
Commercial
Square Footage:
7,074
Lot Size (sq. ft.):
50
Status:
Closed
Current Price:
$1,340,000
List Date:
11/10/2023
Last Modified:
12/23/2024
Description
Menlo Townhouses 10 plex for sale. 4 '1bd 1 ba' units and 6 '2bd 1 ba' units. 6 units have been remodeled and are occupied, 2 units are under construction and will be completed prior to close of escrow. 2 Units are not renovated and are occupied by tenant. Seller will finish remodeling. 20+ parking spots in rear with street parking in front and on the side of the building. Conveniently located less than 5 minutes from Downtown Tucson and 10 minutes from the U of A. Sun Link Street Car is one block away and runs through U of A/Downtown. 3 of the 1 beds rents for $1,100, 1 of the 1 beds rent for $1,175, and all of the 2 beds rent between $1,300 - $1,400.
More Information MLS# 22324525
Address Information
Country: USA
Street #: 1331-1349
Direction: W
Street Name: Pennington
Suffix: Street
State/Province: AZ
Zip Code: 85745
County: Pima
Location, Tax & Legal
Tax Year: 2023
Taxes: 13.17
Assessments: 0
Legal Description: From Parcel:001010010 /Menlo Demonstration Townhouses Lot 11 Common Area McKee Addition Resub Of Lots 2 3 4 5 Blk 3
Development Name: Menlo Townhouses 10 Plex
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: No
Municipal Flood Zone: No
Tax Code: 116-21-3650
Area: West
Contract Information
Method of Title: Fee (Simple)
Short Sale: No
Current Price: $1,340,000
Sold Price: $1,340,000
Listing Date: 2023-11-10
Status: Closed
Status Change Info
Off Market Date: 2024-02-02
Sold Price/SqFt: 189.43
Lot Sz Sold Prc/SqFt: 45.02
Financing: Cash Owner Carryback
Pending Date: 2024-05-06
Sold Date: 2024-05-06
Sold Price: $1,340,000
Showing Information
Directions: I-10/Congress - W, Silverbell - N, Pennington - E, to property address.
General Property Information
Property Sub-Type: Apartment
Construction Status: Existing
# Units: 10
Lot Dimensions: 194' x 75' x 197' x 75'
Lot Acres: 0.68
Total Parking: 20
Lot Sqft: 29767
Multi-Tenant: Yes
Lot Size Source: Assessor
Source of SqFt: Assessor
List Price/SqFt: 212.04
Lot Size Price/SqFt: 50.39
Year Built: 1978
Combined SqFt: 7074
Electric
Electric Company: TEP
Gas
None: 1
Construction
Frame - Stucco: 1
Sewer
Connected: 1
Unit Information
Apartment: Low Rise
Apartment Unit Information
# of Units/1 BR: 4
Avg Mo Rent/1 BR: 1100
# of Units/2 BR: 6
Avg Mo Rent/2 BR: 1350
Roof
Built-Up: 1
Water
Public: 1
Property Features
Smoke Detector: 1
Fence
Chain Link: 1
Road Type
Paved: 1
Fenced Storage
No: 1
Lot Features
Corner Lot: 1
Subdivided: 1
Main Cooling
Wall Unit(s): 1
Main Heating
Wall Furnace: 1
Water Heater
Electric: 1
Terms
Cash: 1
Conventional: 1
Submit: 1
Submit With Offer
Digital Signature Accepted: 1
Sold Info
Seller Concessions: 30000
Landscape - Front
Low Care: 1
Landscape - Rear
Low Care: 1
Parking
Paved Parking: 1
Business Location
Corner Lot: 1
Freeway/Highway
1.1 - 2 Miles: 1
Traffic Count
Unknown: 1
Possession
Immediate: 1
Property Disclosures
Unknown: 1
Special Conditions
None: 1
Remarks Misc
Geo Lat: 32.220525
Geo Lon: -110.993091
Property Features
Property Features: Smoke Detector
Construction: Frame - Stucco
Roof: Built-Up
Fenced Storage: No
Main Cooling: Wall Unit(s)
Main Heating: Wall Furnace
Water Heater: Electric
Gas: None
Sewer: Connected
Water: Public
Fence: Chain Link
Landscape - Front: Low Care
Landscape - Rear: Low Care
Road Type: Paved
Parking: Paved Parking
Lot Features: Corner Lot; Subdivided
Business Location: Corner Lot
Traffic Count: Unknown
Terms: Cash; Conventional; Submit
Possession: Immediate
Submit With Offer: Digital Signature Accepted
Property Disclosures: Unknown
Special Conditions: None
Documents
Flyer ›Listing Office: Long Realty
Last Updated: December - 23 - 2024
Broker Attribution:
520-444-4411
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