PRICE: 449K Net to Seller
Financials: Available upon request
PROPERTY TYPE: Commercial Multifamily · 6 Units · Studios
ROOMS: 6 Studios · 6 BA
SQFT: 1,512
LOT: 6,581 sqft · 0.15 acres
YEAR BUILT: 1948
PARCEL: Pima County 118252640
OCCUPIED · DO NOT DISTURB TENANTS · Exterior drive by only. Interior access for buyers under contract.
TERMS: Cash or Hard Money · 5K Non Refundable EMD · Closing on or Before 10/22/2026
Property Details: Located in the City of South Tucson in the 85713 zip, a short drive to downtown Tucson and Interstate 10. Six studio units, all occupied on month to month leases, with a fenced yard on the south side of the property. Each unit has its own water and electric meter, and tenants pay utilities directly, keeping operating expenses low. Per the seller's trailing 12 month P&L, rents range 650 to 875 per unit with one unit turnover during the year, and rents have been flat for 12 months. Per seller, the roof, water heaters, and AC units have been replaced, the property is on city sewer, and plumbing inside the walls is original. Interiors are dated and have not been remodeled, leaving room to renovate as units turn over and move the lower rent units toward current studio rates in the area. The fenced yard offers potential to lease for parking or storage; buyer to verify permitted use. Zoned SR2, the City of South Tucson's duplex and multifamily district; buyer to verify allowable density and any additional unit potential with South Tucson Planning. Prior listings place the parcel in an Opportunity Zone; buyer to verify. Buyer to perform own due diligence.
Disclaimer: Buyer to verify all information including square footage, lot size, room count, zoning, permitting, mechanical systems, property condition, and occupancy status prior to closing.