
Description
Great investment opportunity! Own a piece of history with this ''charming'' Tucson Bungalow built in 1907. This property is currently being used as an assisted living and is leased through 6/2022. The lease is $3,500 per month with $42,000/gross revenue/NOI is $37,500. This property boasts 5 bedrooms with hard wood flooring/4 bath with newer tile. This property boasts an upgraded kitchen with new cabinets, appliances, flooring, new AC, front porch enclosure & dual pane windows. It is zoned C-3 and can be used as residential/office/retail/workspace! Unlimited possibilities and right in the heart of downtown Tucson's famous 4th Ave, Iron Horse neighborhood. Minutes from the trolley, shopping, restaurants and less than 2 miles from the University of Arizona.
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5BEDS
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0.09ACRES
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4BATHS
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01/2 BATHS
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2,311SQFT
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$206$/SQFT
School Information
Description
Great investment opportunity! Own a piece of history with this ''charming'' Tucson Bungalow built in 1907. This property is currently being used as an assisted living and is leased through 6/2022. The lease is $3,500 per month with $42,000/gross revenue/NOI is $37,500. This property boasts 5 bedrooms with hard wood flooring/4 bath with newer tile. This property boasts an upgraded kitchen with new cabinets, appliances, flooring, new AC, front porch enclosure & dual pane windows. It is zoned C-3 and can be used as residential/office/retail/workspace! Unlimited possibilities and right in the heart of downtown Tucson's famous 4th Ave, Iron Horse neighborhood. Minutes from the trolley, shopping, restaurants and less than 2 miles from the University of Arizona.

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