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2432 N Balboa Avenue

Tucson, AZ 85705

Tucson, AZ 85705

2432 N Balboa Avenue

$1,395,000

MLS#: 22621303

Status: Active

Listing provided by: United Real Estate Specialists

Listing agent phone: None

Last update: a day ago

New on site 1 day ago

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About

OWNER/AGENT Equilibrium Realty is pleased to present a heavier renovation opportunity in a strong rental location of central Tucson. The offering consists of two properties, Balboa Avenue, a vacant 15 unit (all one bed) property was built in 1948. Delano Court, a vacant 14 unit (mix of studio, one bed and two-bedroom) property was builtin 1947. Both properties are permitted for all renovations required to begin leasing operations. Estimates range from $15K to $30K per unit to complete renovations. At stabilization, value will exceed $2.5M to $3.0M. Seller is flexible to all offers.

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1948

Sq.Footage

6,077

Features

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.61

  • Lot Size(square feet)

    27,000

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,395,000

  • Tax Amount

    $4,899

  • Sq. Footage

    6,077

  • Price/SqFt

    $229

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 Victor J Cabibo, United Real Estate Specialists

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Mandy Gold

Mandy Gold

Associate Broker / Realtor®/ Team Lead

Call Mandy today to schedule a private showing.

Phone (520) 508-4855

Email mandy@mandygoldteam.com


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2432 N Balboa Avenue

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