1423 N Venice Avenue Pending

Tucson,AZ 85712

$ 1450000

- Bed

- Bath

8658 SqFt


Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 8,658 sqft

Price per Sqft $167

MLS Listing ID 22417043

Year Built 1963

Annual Tax Amount $6,271

Tax Year 2023

Lot Size 0.820 Acres

Acres 0.82

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

Location

State AZ

County Pima

Area Central

Zoning Tucson - R2

Interior

Hot Water Natural Gas

Heating Forced Air,Natural Gas

Cooling Heat Pump

Exterior

Fence Chain Link,Slump Block,Wood

Roof Type Built-Up

Road Frontage Gravel

Building

Lot Description North/South Exposure

Sewer Connected

Water City

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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