Listing Courtesy of Realty Executives Arizona Territory, Jake Arnold

2461-2477 N Alvernon Way, Tucson, Arizona, 85712

This 5-unit complex on 0.59 acres with O-3 zoning offers a multifaceted opportunity for both immediate income generation and long-term development potential. Located in an Opportunity Zone, investors and developers should consider the strategic location, zoning benefits, diverse development possibilities, and market demand to maximize the property's value. Made up of 3 casitas and a duplex, each with its own backyard, providing diverse rental configurations to meet tenants' needs. With it split between 2 parcels. Offering 4 - one-bedroom, one-bathroom units and 1- two-bedroom, one-bathroom unit. Most units are ripe for improvements, offering significant opportunities to boost rental income. Range $460,000-$500,000.

Active

$460,000

Condo/ Townhome/ Apartment

3,176 Sqft

0.59 Acre

MLS

22414545

144.840 per sqft

Built in 1954

4789.98 (2023)

Disclaimer: The information contained in this listing has not been verified by Realty Executives Arizona Territory and should be verified by the buyer.

Information provided by MLSSAZ

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ADDRESS & DIRECTIONS

  • Street Address: 2461-2477 N Alvernon Way
  • City: Tucson
  • State: Arizona
  • County: Pima
  • Directions:
    East on Grant and then North on Alvernon and property is on the west side of the road just north of Grant.

PROPERTY FEATURES

Amenities

  • Fence

General Information

  • Area : Central
  • Lot Size Price/SqFt : 18.00
  • Property Disclosures : Lead Based Paint,Seller Prop Disclosure
  • Unit Information: Apartment : Low Rise

Heating /Cooling Features

  • Main Cooling : Evaporative Cooling
  • Water Heater : Natural Gas

Rooms Information

  • # Units : 5

Construction Features

  • Construction : Brick
  • Roof : Built-Up,Shingle

Utility Information

  • Water : City
  • Expenses: Water/Sewer : 3312.00
  • Sewer : Connected
  • Gas : Natural
  • Electric: Electric Company : TEP

Security Features

  • Fence : Wood
  • Fire Protection : Included in Taxes

Other Features

  • Showing Instructions : Access with an accepted offer only please call listing agent with Questions 520-505-1015
  • Ownership : Investor
  • Method of Title : Fee (Simple)
  • Occupied By : Tenant
  • Source of SqFt : Assessor

SCHOOLS NEAR 2461-2477 N Alvernon Way

  • Courtesy of Realty Executives Arizona Territory, Jake Arnold
  • Property last updated on MLSSAZ : 6/13/2024 2:40:05 PM