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220 W Lincoln Street Tucson, AZ 85714
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Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type 3 Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,859 sqft
Price per Sqft $134
MLS Listing ID 22421977
Sold Date 10/30/24
Style Territorial
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1938
Annual Tax Amount $312
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type 3 Plex
Property Description
This property represents an excellent opportunity for investors who are willing to look beyond its current state and see the long-term potential. With the solar system payoff commitment, buyers will benefit from reduced energy costs right from the start, which can significantly boost net operating income and overall property appeal.The multi-unit setup allows for diversified income streams, reducing overall risk and providing flexibility in rental strategies. Whether you're considering short-term rentals, long-term tenants, or a fix and flip, this property's configuration can be suited to meet your investment goals.
Location
State AZ
County Pima
Area South
Zoning Tucson - R2
Rooms
Other Rooms Storage
Dining Room Dining in LR/GR
Kitchen Dishwasher, Double Sink, Garbage Disposal, Gas Range, Reverse Osmosis
Interior
Interior Features Ceiling Fan(s), Walk In Closets
Hot Water Natural Gas
Heating Heat Pump, Natural Gas
Cooling Ceiling Fan(s), Central Air, Window Unit(s)
Flooring Carpet, Ceramic Tile, Concrete, Vinyl
Fireplace Yes
Laundry Outside
Exterior
Exterior Feature Workshop
Fence Block
Pool None
Community Features Jogging/Bike Path, Park, Paved Street, Sidewalks, Street Lights, Walking Trail
View None
Roof Type Shingle
Accessibility None
Road Frontage Dirt, Gravel
Building
Lot Description North/South Exposure
Sewer Connected
Water City Water
Schools
Elementary Schools Hollinger
Middle Schools Hollinger K-8
High Schools Pueblo
School District Tusd
Others
Senior Community No
Acceptable Financing Cash
Horse Property No
Listing Terms Cash
Special Listing Condition Property Sold As-Is
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Copyright 2025 MLS of Southern Arizona
Bought with eXp Realty