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2432 N Balboa Avenue

Tucson, AZ 85705
  • $1,120,000
  • STATUS: Active
  • ID#: 22204957
UPDATED: 27 min ago
$1,120,000
  • 0
    BEDS
  • 0.61
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,077
    SQFT
  • $184
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1948
County:
Area:

School Ratings & Info

Courtesy of Equilibrium Realty.

Description

Value add of 14 one-bedroom units across 2 buildings (8 unit building and 6 unit building) that are currently all being renovated. Maintenance room/office can be converted into another unit (15) or bedroom. 6 of the 14 units (North Building units) will be completed prior to sale. Ability to purchase and complete renovations on the remaining 8 units (South Building units) and generate more than $12,000 (Twelve Thousand Dollars) in monthly revenue. Great Central Location, Close to UofA. Sold as part of a 4 property 52 unit Portfolio - 219 E Delano (14 unit), 2432 N Balboa (14 unit), 3127 N Fontana (13 unit), 3134 N Fontana(11 unit).

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Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-05-26T17:07:44.35.
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 Kino Abrams brokered by Tierra Antigua Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.kinoabrams.com/homes/126115941
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2432 N Balboa Avenue Tucson, AZ 85705

  • Price: $1,120,000
  • Status: Active
  • On Site: Days
  • Updated: 27 min ago
  • ID#: 22204957
0
Beds
0
Baths
0
½ Baths
0.61
Acres
6,077
SQFT
$184
$/SQFT
1948
Built
Neighborhood:
Central
County:
Pima
Area:
Central
Property Description
Value add of 14 one-bedroom units across 2 buildings (8 unit building and 6 unit building) that are currently all being renovated. Maintenance room/office can be converted into another unit (15) or bedroom. 6 of the 14 units (North Building units) will be completed prior to sale. Ability to purchase and complete renovations on the remaining 8 units (South Building units) and generate more than $12,000 (Twelve Thousand Dollars) in monthly revenue. Great Central Location, Close to UofA. Sold as part of a 4 property 52 unit Portfolio - 219 E Delano (14 unit), 2432 N Balboa (14 unit), 3127 N Fontana (13 unit), 3134 N Fontana(11 unit).
Exterior Features

Construction Brick Fence Shared Fence Landscape Front Low Care Landscape Rear Low Care Parking Private Parking Road Type Gravel Roof Built-Up

Interior Features

Main Cooling Wall Unit(S) Main Heating Natural Gas Water Heater Natural Gas

Property Features

Assessments 0.00 Country Usa Electric Electric Company Tep Expenses Figures Presented Actual Fema Flood Zone No Fire Protection None Gas Natural Income Net Opp Income 14845.64 Lot Dimensions irregular Lot Sqft 27000.00 Multi Tenant Yes Municipal Flood Zone No Municipality Zoning Tucson - R2 Property Disclosures Lead Based Paint Property Sub Type Apartment Sewer Connected Short Sale No Source Of Sqft Assessor Tax Year 2021 Taxes 4324.39 Terms CashConventionalSubmit Total Parking 20 Water City

Listing provided by Equilibrium Realty: (520) 250-8977. Listing information © 2022 MLS of Southern Arizona.


Listing information Copyright 2022 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2022-05-26T17:07:44.35.
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 Kino Abrams brokered by Tierra Antigua Realty are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Kino Abrams brokered by Tierra Antigua Realty
1650 E River Road, Suite 202
Tucson AZ, 85718
Courtesy of Equilibrium Realty.