Tucson, AZ 85705,508 E MOHAVE Road
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Tucson, AZ 85705,508 E MOHAVE Road
Tucson, AZ 85705,508 E MOHAVE Road
Tucson, AZ 85705,508 E MOHAVE Road
Tucson, AZ 85705,508 E MOHAVE Road
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508 E MOHAVE Road Tucson, AZ 85705


UPDATED:

11/18/2024 09:13 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Garden Homes

MLS Listing ID 6785381

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1958

Annual Tax Amount $2,142

Tax Year 2014

Lot Dimensions 15530

Property Description

508 E Mohave Road offers an excellent value-add opportunity for an investor looking for units in a thriving part of Tucson, just 7 minutes from the University of Arizona.

At just shy of $93,000/unit, a buyer can acquire the asset at a great cost-basis and capitalize on rental premiums by strategically repositioning the property through renovations and operational optimization.

Unit mix of (3) 2beds (2) 1beds (1) Studio and (1) Mobile (legally affixed. 10'x45')

Gross rents of $5,760/month. Property is 100% Occupied, do not disturb tenants! No interior tours until accepted contract.

Location

State AZ

County Pima

Community Garden Homes

Zoning R-3

Interior

Heating See Remarks

Cooling See Remarks

Flooring Other

Appliance Other (See Remarks)

Exterior

Garage Attached, >1 Space Per Unit, Street Parking

Community Features No Pool

Roof Type See Remarks

Total Parking Spaces 4

Building

Sewer Public Sewer

Water City Franchise, Individual Meter

New Construction Yes

Schools

School District Amphitheater Unified District

Others

Senior Community No

Tax ID 106-04-180-A

Acceptable Financing Conventional, FHA, Owner May Carry, VA Loan

Listing Terms Conventional, FHA, Owner May Carry, VA Loan


Arizona Regional MLS (ARMLS)
Listed by Orion Investment Real Estate

Ben Graham

+1(480) 448-2020

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508 E MOHAVE Road