120 E 34th St, Tucson, AZ 85713
120 E 34th St, Tucson, AZ 85713
120 E 34th St, Tucson, AZ 85713
120 E 34th St, Tucson, AZ 85713
120 E 34th St, Tucson, AZ 85713
120 E 34th St, Tucson, AZ 85713
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Billy Morris

Billy Morris

+1(520) 256-6697
Listed by Real Broker • Marc E Luety II
$ 550,000
Est. payment | /mo

1,512 SqFt

Save
$ 550,000
Est. payment | /mo
Save

1,512 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,512 sqft

Price per Sqft $363

MLS Listing ID 22617813

Year Built 1948

Annual Tax Amount $1,269

Tax Year 2025

Lot Size 6,581 Sqft

Acres 0.15

Lot Dimensions 45.5 x 147.5

Source MLS of Southern Arizona

Property Description

6-unit studio apartment building on 0/15 AC in South Tucson, zoned SR-2 for upto 24 units. Individually metered electric/water, 100% occupied at in-place rents averaging $705/unit - below the $780 submarket average, with built-in upside. Adjacent fenced vacant lot included, generating $500/mo seperately. $56,760 GSI, ~8.6% cap rate at $4500,000 ask ($83,333/unit). Value-add refresh opportunit. Privat lenderr financing available.

Location

State AZ

County Pima

Area South

Zoning South Tucson - SR2

Direction Head NE of I-10 towards South Tucson, apartment located on 34th St between S. 5th and S 4th,

Exterior

Parking Features Paved Parking

Utilities Available Sewer Connected

View Y/N No

Water Access Desc Public

Roof Type Built-Up

Others

Tax ID 118252640

Acceptable Financing Other, Cash

Listing Terms Other, Cash

Special Listing Condition None

MLS of Southern Arizona - IDX

Nearby Locations

Billy Morris

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(520) 256-6697

billymorris@realtyexecutives.com

9172 S Houghton Rd Suite # 110, Tucson, AZ, 85747, USA

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120 E 34th St