508 E MOHAVE Road Active Save Request In-Person Tour Request Virtual Tour
Tucson,AZ 85705
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Garden Homes
MLS Listing ID 6785381
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1958
Annual Tax Amount $2,142
Tax Year 2014
Lot Dimensions 15530
Property Description
508 E Mohave Road offers an excellent value-add opportunity for an investor looking for units in a thriving part of Tucson, just 7 minutes from the University of Arizona.
At just shy of $93,000/unit, a buyer can acquire the asset at a great cost-basis and capitalize on rental premiums by strategically repositioning the property through renovations and operational optimization.
Unit mix of (3) 2beds (2) 1beds (1) Studio and (1) Mobile (legally affixed. 10'x45')
Gross rents of $5,760/month. Property is 100% Occupied, do not disturb tenants! No interior tours until accepted contract.
Location
State AZ
County Pima
Community Garden Homes
Zoning R-3
Interior
Heating See Remarks
Cooling See Remarks
Flooring Other
Appliance Other (See Remarks)
Exterior
Parking Features Attached,>1 Space Per Unit,Street Parking
Community Features No Pool
Roof Type See Remarks
Total Parking Spaces 4
Building
Sewer Public Sewer
Water City Franchise,Individual Meter
New Construction No
Schools
School District Amphitheater Unified District
Others
Senior Community No
Tax ID 106-04-180-A
Acceptable Financing Conventional,FHA,Owner May Carry,VA Loan
Listing Terms Conventional,FHA,Owner May Carry,VA Loan