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716 N PALO VERDE Boulevard Tucson, AZ $ 1,200,000
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$ 1,200,000 Get more info
716 N PALO VERDE Boulevard
$ 1,200,000
Back to search
Share Save

716 N PALO VERDE Boulevard

Tucson, AZ, 85716
$ 1,200,000
Baths0.0

Monthly Estimate*

$ 7,976

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Studio

Multi-Family Home for sale in Tucson, AZ

for $1,200,000. This home was built in 1949.

Mid Town Casitas is located in the heart of Miramonte steps to the 3rd St bike path comprised of six luxury apartments on two residential parcels. Three duplex buildings and a laundry/storage building surrounding a large courtyard with lush desert landscaping. The property has been completely remodeled to reflect old Tucson architecture with old world and modern interior finishes. All units are large 1/1 floor plans with lots of windows, front and rear entry/ext doors, plank & beam ceilings, AC/Gas heating, gas appliances, hard surface flooring, private outdoor spaces, off street parking and free laundry facilities. This property attracts quality tenants with low turn over. Can only be purchased with seller financing. See details in the offering memorandum attached under documents tab

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,120

Style

Multiple Dwellings

Year Built

1949

Town/City

Tucson

County/Region

Pima

MLS | Web ID

6680919
Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Central A/C
Roof Built-Up
Zoning R2
Construction Materials Painted Stucco Block
Year Built 1949
Electric City Electric
Tenant Pays See Remarks
Township 14
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 89258.4
Community Features See Remarks
County Pima
Net Operating Income 71964.0
Operating Expense 14895.0
Insurance Expense 2350.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name CONQUISTADOR HEIGHTS
Garage Y/N N
Status Active
Directions Alvernon & 3rd St west to Palo Verde south to property
City Tucson
Buyer Agent Compensation 2.00
Disclosures Other (See Remarks)
View Y/N N
High School District Tucson Unified District
Open Parking Spaces 0.0
Total Units 6
Lot Size Square Feet 0.0
Carport Y/N N
Street Name PALO VERDE
Tax Annual Amount 4120.0
Electric Expense 300.0
Fuel Expense 300.0
Water Sewer Expense 5325.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 73
Standard Status Active
Occupancy Type Tenant
Elementary School District Tucson Unified District
Tax Lot 00001
Cap Rate 6.0
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community N
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Interior
Flooring Ceramic Tile Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Boulevard
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features >1 Space Per Unit
Water Source City Franchise
Total Parking 12.0
Lot Size Area 0.0
Number of Buildings 3
Spa N
Lot Dimensions Irregular
Lot Size Acres 0.0
Road Surface Type Asphalt
Covered Spaces 12.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 716
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* Excluded Features
List By
Better Homes & Gardens Real Estate Sj Fowler

Broker

sjfowler@sjfowler.com

Email

Affordability Calculator

$8,319
Per Month
96%
4%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
$343
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
4342454 Elementary School
4342465 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/22/2024$1,200,000 Listed Price

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716 N PALO VERDE Boulevard, Tucson, AZ, 85716 is a Multi-Family Home for sale at $1,200,000. 716 N PALO VERDE Boulevard is a studio with 0.0 baths and was built in 1949. The property's zip code is 85716 which is in Tucson, AZ

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