50 N Mountain Ave, Tucson, AZ 85719
- $2,950,000
- 9,598
- SqFt
- Sold Price
- $2,950,000
- List Price
- $3,250,000
- Closing Date
- Jul 31, 2024
- Days on Market
- 97
- Status
- CLOSED
- MLS#
- 22410347
- City
- Tucson
- Living SQFT
- 9,598
- Lot Size
- 173
- Subdivision
- Drakes Addition
- Year Built
- 2015
- Type
- Quadruplex
Property Description
Rare opportunity to purchase newer construction within 3 blocks of UofA around a 8.06% Cap rate (proforma)! Seller Financing Available @6% for up to 5 years OAC with 30% downpayment. This newer building integrates metal roofing with block and stucco finishes for a really neat modern look that the students love. 4-plex, with 8bds/3.5bths per unit. Large units with huge common areas, all tile throughout, hardwood cabinets, corian counters, and ample appliances. Floorplan designed by afor students. Huge Picture windows in front frame nice mountain and city views. Large enclosed common area with Turf. Parking lot w 14 parking spots, 4 on street parking spots available, basketball hoops. This property is zoned for group homes and could be ideal for a variety of non-student housing needs.
Additional Information
- Elementary School
- Cragin
- High School
- Tucson
- Middle School
- Mansfeld
- School District
- TUSD
- Acres
- 0.43
- Community Features
- Sidewalks, Street Lights
- Cooling
- Zoned
- Exterior Features
- Barbecue, Balcony, Courtyard
- Fencing
- Block, Wrought Iron
- Flooring
- Tile
- Accessibility Features
- Lever Style Door Handles, Roll-In Shower, Accessible Doors
- Heating
- Zoned
- Living Area
- 9,598
- Lot Size
- 173
- Lot Features
- Adjacent to Alley, Corner Lot
- Style
- Modernist
- Subdivision
- Drakes Addition
- Utilities
- Sewer Connected
- Water
- Public
- Zoning
- Tucson - R3
Courtesy of Pinnacle Realty and Investment Advisors LLC. Selling Office: Pinnacle Realty and Investment Advisors LLC.
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