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    521 E University Boulevard

    Tucson, AZ 85705
    • $575,000
    • STATUS: Active
    • ID#: 22108773
    UPDATED: 228 min ago
    $575,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,831
      SQFT
    • $314
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1923
    County:
    Area:

    School Ratings & Info

    Courtesy of Long Realty Company.

    Description

    The Art Deco building is one of the few Art Deco structures from the 1920's thatremain in Tucson. It is listed on the National Register of Historic Places and is located in the historic West University Neighborhood. The buildings outstanding location is only five blocks to the main entrance to the University of Arizona, close to downtown, and on the streetcar line and a major bicycle route. The five apartmentsare all uniquely different from one another each with 12-foot ceilings and upgraded kitchens and bathrooms. Exterior was replastered and repainted. Upgraded electric service and HVAC systems. See the improvement list in attached documents. Additional amazing units available MLS 22108771, 22108774, 22108772.

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    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-04-15T00:06:32.813.
    The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Gateway Realty International are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
    www.gatewayagent.com/homes/115785603
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    521 E University Boulevard Tucson, AZ 85705

    • Price: $575,000
    • Status: Active
    • Updated: 228 min ago
    • ID#: 22108773
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    1,831
    SQFT
    $314
    $/SQFT
    1923
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    The Art Deco building is one of the few Art Deco structures from the 1920's thatremain in Tucson. It is listed on the National Register of Historic Places and is located in the historic West University Neighborhood. The buildings outstanding location is only five blocks to the main entrance to the University of Arizona, close to downtown, and on the streetcar line and a major bicycle route. The five apartmentsare all uniquely different from one another each with 12-foot ceilings and upgraded kitchens and bathrooms. Exterior was replastered and repainted. Upgraded electric service and HVAC systems. See the improvement list in attached documents. Additional amazing units available MLS 22108771, 22108774, 22108772.
    Exterior Features

    Construction Masonry Stucco Fence BlockStucco Finish Landscape Front Low Care Landscape Rear Low Care Road Type Paved Roof Built-Up

    Interior Features

    Main Cooling Ac Central Main Heating Forced Air - Gas Water Heater Natural Gas

    Property Features

    Accessibility Option None Analysis Cap Rate Percent 5.66 Analysis Exp Percent Of Gross 31.07 Analysis Exp Sqft 8.01 Analysis Gross Rent Multi 12.18 Analysis Vacancy Rate Percent 0.00 Assessments 0.00 Country Usa Electric Electric Company Tep Expenses Admin Expenses 0.00 Expenses Captial Expenses 0.00 Expenses Contract Services 2028.00 Expenses Figures Presented Proforma Expenses Gas Electric 3938.00 Expenses Insurance 909.00 Expenses Maintenance Supplies 2500.00 Expenses Management 0.00 Expenses Other Expenses 0.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 4121.00 Expenses Water Sewer 1176.00 Fema Flood Zone No Fenced Storage Yes Fire Protection Included in Taxes Freeway Highway 1.1 - 2 Miles Gas Natural Income Adjusted Gross 47220.00 Income Gross Scheduled Rent 47220.00 Income Net Opp Income 32548.00 Income Other Income 0.00 Income Total Expenses 14672.00 Income Vacancy Loss 0.00 Lot Dimensions 60' X 128' +/- Lot Features Corner Lot Lot Sqft 7841.00 Multi Tenant Yes Municipal Flood Zone No Municipality Zoning Tucson - Hr3 Property Disclosures Lead Based PaintSeller Prop Disclosure Property Sub Type Apartment Restrictions Cc&RDeed Security None Sewer Connected Short Sale No Source Of Sqft Assessor Special Conditions None Tax Year 2020 Taxes 4121.00 Terms CashConventionalOwner Carry Total Parking 5 Traffic Count Unknown Water City

    Listing provided courtesy of Long Realty Company. Listing information © 2021 MLS of Southern Arizona.


    Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-04-15T00:06:32.813.
    The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Gateway Realty International are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
     
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    Gateway Realty International
    4500 N Oracle Road #261
    Tucson AZ, 85705
    Courtesy of Long Realty Company.