3520 E Bermuda Street, Tucson, AZ 85716
$1,262,250
Property Type:
Commercial
Square Footage:
7,892
Lot Size (sq. ft.):
38
Status:
Closed
Current Price:
$1,262,250
List Date:
10/03/2023
Last Modified:
12/23/2024
Description
For sale is a unique opportunity to own a 12-unit multifamily property situated in the highly sought-after Midtown area of Tucson. This property offers a spacious environment for tenants and boasts picturesque views of the Santa Catalina mountains. Its prime location and attractive unit mix make it a promising investment, ripe for a new owner to reposition and maximize its full potential. DO NOT DISTURB. DRIVE BY ONLY.
More Information MLS# 22321360
Address Information
Country: USA
Street #: 3520
Direction: E
Street Name: Bermuda
Suffix: Street
State/Province: AZ
Zip Code: 85716
County: Pinal
Location, Tax & Legal
Tax Year: 2022
Taxes: 6857
Assessments: 0
Legal Description: LOT 00004 BLOCK 003 GRANTLAND ACRES MAP 6 PLAT 91
Municipality/Zoning: Tucson - R4
Fire Protection: None
Tax Code: 111-08-061
Area: Central
Contract Information
Short Sale: No
Current Price: $1,262,250
Sold Price: $1,262,250
Listing Date: 2023-10-02
Status: Closed
Status Change Info
Off Market Date: 2023-11-02
Sold Price/SqFt: 159.94
Lot Sz Sold Prc/SqFt: 35.06
Financing: Conventional
Pending Date: 2023-12-22
Sold Date: 2023-12-22
Sold Price: $1,262,250
General Property Information
Property Sub-Type: Apartment
# Units: 12
Lot Dimensions: See Tax Assessor
Lot Acres: 0.83
Lot Sqft: 36000
Multi-Tenant: Yes
Lot Size Source: Assessor
Source of SqFt: Assessor
List Price/SqFt: 177.27
Lot Size Price/SqFt: 38.86
Year Built: 1953
Combined SqFt: 7892
Electric
Electric Company: TEP
Construction
Brick: 1
Expenses
Insurance: 5150
Management: 7032
Taxes/Assessments: 6857
Water/Sewer: 11379
Sewer
Connected: 1
Unit Information
Apartment: Low Rise
Apartment Unit Information
# of Units/1 BR: 9
# of Units/2 BR: 2
# of Units/3 BR: 1
Road Type
Paved: 1
Lot Features
North/South Exposure: 1
Main Heating
Natural Gas: 1
Water Heater
Natural Gas: 1
Sold Info
Seller Concessions: 0
Landscape - Front
Desert Plantings: 1
Possession
Recording: 1
Property Disclosures
Unknown: 1
Special Conditions
Probate Estate: 1
Remarks Misc
Geo Lat: 32.255452
Geo Lon: -110.917674
Income
Gross Scheduled Rent: 84648
Net Opp Income: 52376
Property Features
Construction: Brick
Main Heating: Natural Gas
Water Heater: Natural Gas
Sewer: Connected
Landscape - Front: Desert Plantings
Road Type: Paved
Lot Features: North/South Exposure
Possession: Recording
Property Disclosures: Unknown
Special Conditions: Probate Estate
Listing Office: R.O.I. Properties
Last Updated: December - 23 - 2024
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