4253 E Flower Street, Tucson, AZ 85712
$1,350,000
Property Type:
Commercial
Square Footage:
8,375
Lot Size (sq. ft.):
17
Status:
Closed
Current Price:
$1,350,000
List Date:
11/06/2019
Last Modified:
12/12/2024
Description
Unique ability to initiate an Opportunity Zone purchase and development on a property that will provide immediate and ongoing cash flow. Currently a 20 unit complex with 5 separate buildings spread over 2 acres of land with the ability with the ability to add 10 more units.
More Information MLS# 21928730
Address Information
Country: USA
Street #: 4253
Direction: E
Street Name: Flower
Suffix: Street
State/Province: AZ
Zip Code: 85712
County: Pima
Location, Tax & Legal
Tax Year: 2018
Taxes: 7078.72
Assessments: 0
Taxes For: Building & Land
Legal Description: Catalina Farms N 425' Lot 16 EXC 160' & W30 E190' EXC N425'
Municipality/Zoning: Tucson - R2
Fire Protection: None
FEMA Flood Zone: TBD
Municipal Flood Zone: TBD
Tax Code: 110-07-1590
Area: Central
Contract Information
Method of Title: Fee (Simple)
Short Sale: No
Current Price: $1,350,000
Sold Price: $1,350,000
Listing Date: 2019-11-06
Status: Closed
Status Change Info
Off Market Date: 2020-04-01
Sold Price/SqFt: 161.19
Lot Sz Sold Prc/SqFt: 17.89
Financing: Conventional
Pending Date: 2020-05-15
Sold Date: 2020-05-15
Sold Price: $1,350,000
Showing Information
Directions: From Grant Road to Columbus Blvd. N to Flower street W to address. Property on North side of street.
General Property Information
Property Sub-Type: Apartment
Construction Status: Existing
# Units: 20
Lot Dimensions: 75,459.00F
Lot Acres: 1.76
Total Parking: 40
Lot Sqft: 75459
Multi-Tenant: Yes
Lot Size Source: Assessor
Source of SqFt: Assessor
List Price/SqFt: 161.19
Lot Size Price/SqFt: 17.89
Year Built: 1959
Combined SqFt: 8375
Electric
Electric Company: TEP
Income
Other Income: 5302
Gross Scheduled Rent: 109748
Net Opp Income: 97800
Gas
Natural: 1
Construction
Brick: 1
Expenses
Admin Expenses: 1648
Contract Services: 0
Figures Presented: Actual
Gas/Electric: 6082
Maintenance Supplies: 2938
Taxes/Assessments: 7085
Water/Sewer: 7993
Sewer
Connected: 1
Apartment Unit Information
# of Units/1 BR: 20
Avg Mo Rent/1 BR: 468
Roof
Built-Up: 1
Water
Public: 1
Property Features
Smoke Detector: 1
Fence
Chain Link: 1
Road Type
Dirt: 1
Gravel: 1
Main Cooling
Wall Unit(s): 1
Main Heating
Other: 1
Water Heater
Electric: 1
Natural Gas: 1
Terms
Submit: 1
Sold Info
Seller Concessions: 0
Landscape - Front
Natural Desert: 1
Landscape - Rear
Low Care: 1
Trees: 1
Parking
Private Parking: 1
Freeway/Highway
2.1 - 5 Mile: 1
Property Disclosures
Lead Based Paint: 1
Remarks Misc
Geo Lat: 32.255346
Geo Lon: -110.902104
Property Features
Property Features: Smoke Detector
Construction: Brick
Roof: Built-Up
Main Cooling: Wall Unit(s)
Main Heating: Other
Water Heater: Electric; Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Fence: Chain Link
Landscape - Front: Natural Desert
Landscape - Rear: Low Care; Trees
Road Type: Dirt; Gravel
Parking: Private Parking
Terms: Submit
Property Disclosures: Lead Based Paint
Documents
Lead based paint ›Listing Office: Equilibrium Realty
Last Updated: December - 12 - 2024
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