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3725 E Farr Place

Tucson, AZ 85716

Tucson, AZ 85716

3725 E Farr Place

$1,100,000

MLS#: 22318251

Status: Closed

Listing provided by: ABI Multifamily, LLC

Listing agent phone: None

Last update: 1 year, 8 months ago

On site: 3 years ago

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About

Located in a highly desirable area across from Tucson's Metal Arts Village, less than a mile from Brandi Fenton Memorial Park and the River Path and within an approximately 10 minute drive to the University of Arizona, this 10 unit property offers a significant value add opportunity. The units are individually metered for gas and electric with the owner paying water, sewer and trash. Rents are well below market with all tenants on month-to-month leases, allowing for the ability to immediately increase rents and introduce a RUBS program. Alternatively, the area will allow for significantly higher rents upon completion of modern updates to the units. The unit mix is ideal and consists of 1 studio, 6 one bedroom units and 3 two bedroom units. The property was built in 1950, with updates completed by the previous owner in 2018. Some units provide washer/dryer hookups and enclosed backyards. Please access the document vault for additional information. https://www.abimultifamily.com/?a=078E1B083E96138613&/3725-3729-east-farr-place

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1950

Sq.Footage

6,240

Features

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Evaporative Cooling

  • Heating YN

    YES

  • Heating

    Forced Air, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.58

  • Lot Size(square feet)

    43

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,100,000

  • Tax Amount

    $4,949.71

  • Sq. Footage

    6,240

  • Price/SqFt

    $176

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Schedule

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Location

  • County

    Pima

  • Elementary School

  • Middle School

  • High School

Listing Courtesy of Desiree Juul Palmer , ABI Multifamily, LLC

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Agent Kelly Hammer

Kelly Hammer

Associate Broker / Realtor®

Call Kelly today to schedule a private showing.

Phone (520) 227-5144

Email Kelly@MandyGoldTeam.com


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3725 E Farr Place

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