3932 N PARK Avenue, Tucson, AZ 85719
$800,000
Property Type:
Multiple Dwellings
Status:
UCB (Under Contract-Backups)
Current Price:
$800,000
Last Modified:
5/06/2025
Description
This well kept mid-century modern four-plex is fully occupied yielding a near 7% CAP rate. Recent remodel includes HVAC systems in 2017, Water heaters in 2018, Sewer Lining in 2018 and much more. The building is located in close proximity to University of Arizona, great shopping and dinning; and close to freeways and transportation facilities. The property has room for expansion and more development for higher returns. It boasts a large area for parking, individual front yards and large back yards along with potential ad-ons. Its charming curb appeal and low maintenance design makes this a great option for many investors.
More Information MLS# 6826851
Contract Info
Current Price: $800,000
List Price: $800,000
Status: UCB (Under Contract-Backups)
List Date: 2025-02-24
Ownership: Fee Simple
Location Tax Legal
House Number: 3932
Compass: N
Street Name: PARK
St Suffix: Avenue
City/Town Code: Tucson
State/Province: AZ
Zip Code: 85719
Zip4: 1376
Country: US
County Code: Pima
Subdivision: S30 T13S R14E
Assessor Number: 113-02-023
Tax Year: 2014
General Property Description
Lot Size Dimensions: Irregular
Year Built: 1960
Uncvrd Parking Spcs: 8
Total # of Units: 4
# of Buildings: 1
Zoning: R5
Remarks Misc
Cross Street: Prince Road and Park Ave
Directions: Prince Road and Park Ave., North on Park Ave. to address
Geo Lat: 32.278678
Geo Lon: -110.956458
Status Change Info
Status Change Date: 2025-05-05
UCB or CCBS: UCB (Under Contract-Backups)
Legal Info
Township: 13
Range: 14
Section: 30
Lot Number: NULL
Income Expenses
Gross Annual Sch Inc: 62280
Net Operating Income: 53573
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1195
Avg SqFt: 707
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1400
Avg SqFt: 828
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Adobe
Const - Finish: Other (See Remarks)
Roofing: Built-Up
Floors: Ceramic Tile; Other
Sale Includes: Land & Building
Community Features: No Pool; Other; See Remarks
Exterior Amenities: Desert Landscaping; Partially Fenced; Patio/Balcony; Other (See Remarks)
Interior Amenities: Fire/Smoke Alarm(s); Other (See Remarks)
Appliances Included: Refrigerator
Heating: Individual; Heat Pump; 2 or More Units
Cooling: Electric; Central Air; 2 or More Units
Water Source: City Franchise; See Remarks
Sewer: Sewer - Public; Other
Electric: City Electric
Gas: SW Gas
Parking Features: On Street; <1 Space Per Unit; Add'l Parking Avail; Free; Other
Owner Pays: Water; Other
Tenant Pays: Electricity
Source of Fincl Data: Owner
Showing Notification Methods: Text
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Trms: Not Applicable
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; VA; FHA; Conventional; Seller May Carry
Environmental: None
Listing Office: Keller Williams Realty Sonoran Living
Last Updated: May - 06 - 2025
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.