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1423 N Venice Avenue

Tucson, AZ 85712
  • $1,600,000
  • STATUS: Active
  • ID#: 22417043
UPDATED: 52 min ago
$1,600,000
  • 0
    BEDS
  • 0.82
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,658
    SQFT
  • $185
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1963
County:
Area:

School Ratings & Info

Courtesy of Tierra Antigua Realty.

Description

Midtown Garden Style Venice Arms Apartment Complex with 6% cap rate. Exterior brick construction, (8) one-bedroom units and (4) two-bedroom units, plus on-site laundry facilities. Each unit has own mini-splits, tile floors, small patio area and great central location. Each tenant gets one carport space. Storage room could be converted to a studio unit or repurposed as rentable storage space.10 minutes to the University of Arizona

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MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2024-07-18T18:07:11.803.
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 Tucson Property Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.tucsonproperty.com/homes/152455275
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1423 N Venice Avenue Tucson, AZ 85712

  • Price: $1,600,000
  • Status: Active
  • On Site: Days
  • Updated: 52 min ago
  • ID#: 22417043
0
Beds
0
Baths
0
½ Baths
0.82
Acres
8,658
SQFT
$185
$/SQFT
1963
Built
Neighborhood:
Central
County:
Pima
Area:
Central
Property Description
Midtown Garden Style Venice Arms Apartment Complex with 6% cap rate. Exterior brick construction, (8) one-bedroom units and (4) two-bedroom units, plus on-site laundry facilities. Each unit has own mini-splits, tile floors, small patio area and great central location. Each tenant gets one carport space. Storage room could be converted to a studio unit or repurposed as rentable storage space.10 minutes to the University of Arizona
Exterior Features

Construction Brick Fence Chain LinkSlump BlockWood Landscape Front Low Care Landscape Rear Low Care Parking Number Covered Parking 12 Road Type Gravel Roof Built-Up

Interior Features

Main Cooling Heat Pump Main Heating Forced AirNatural Gas Water Heater Natural Gas

Property Features

Analysis Cap Rate Percent 6.00 Analysis Vacancy Rate Percent 2.48 Assessments 0.00 Country USA Electric Electric Company TEP Expenses Contract Services 1200.00 Expenses Gas Electric 545.00 Expenses Insurance 4523.00 Expenses Management 9600.00 Expenses Other Expenses 14400.00 Expenses Taxes Assessments 6272.00 Expenses Water Sewer 7200.00 Fema Flood Zone No Fenced Storage No Fire Protection Included in Taxes Freeway Highway 2.1 - 5 Mile Gas Natural Income Gross Scheduled Rent 145200.00 Income Vacancy Loss 3600.00 Lot Dimensions irr Lot Features North/South Exposure Lot Sqft 35719.00 Multi Tenant Yes Municipal Flood Zone No Municipality Zoning Tucson - R2 Property Disclosures Military Airport VctUnknown Property Features Smoke Detector Property Sub Type Apartment Restrictions CC&RDeed Security Alarm Installed Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2023 Taxes 6271.98 Terms CashConventional Traffic Count Unknown Water City

Listing provided by Tierra Antigua Realty: (520) 318-5290. Listing information © 2024 MLS of Southern Arizona.


MLS of Southern Arizona (Tucson Association of Realtors) logo Listing information Copyright 2024 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2024-07-18T18:07:11.803.
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 Tucson Property Executives are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Tucson Property Executives
180 W Magee Rd #110
Tucson AZ, 85704
Courtesy of Tierra Antigua Realty.