Sold

Closed

50 N Mountain Avenue

Tucson AZ, 85719

$2,950,000


$307.36 per sqft

Sold

Closed

16 Baths

9,598 sqft

Multi-family

Built in 2015

Rare opportunity to purchase newer construction within 3 blocks of UofA around a 8.06% Cap rate (proforma)! Seller Financing Available @6% for up to 5 years OAC with 30% downpayment. This newer building integrates metal roofing with block and stucco finishes for a really neat modern look that the students love. 4-plex, with 8bds/3.5bths per unit. Large units with huge common areas, all tile throughout, hardwood cabinets, corian counters, and ample appliances. Floorplan designed by afor students. Huge Picture windows in front frame nice mountain and city views. Large enclosed common area with Turf. Parking lot w 14 parking spots, 4 on street parking spots available, basketball hoops. This property is zoned for group homes and could be ideal for a variety of non-student housing needs.

22410347

MLS ID

April 25, 2024

Listed

December 25, 2024

Updated

Map

50 N Mountain Avenue
Tucson AZ, 85719

Interior Features

Total Bathrooms

16


Full Bathrooms

12


Half Bathrooms

4


Interior Features

Ceiling Fan(s), Dual Pane Windows, Fire Sprinklers, Furnished, Smoke Detector, Vaulted Ceilings, None, Dining in LR/GR


Appliances

Breakfast Bar, Dishwasher, Double Sink, Electric Range, Garbage Disposal, Refrigerator


Laundry Description

Dryer Included, Laundry Room, Washer Included


Floor Description

Ceramic Tile


Fireplace

No


Cooling

Yes


Cooling Description

Zoned


Heating

Yes


Heating Description

Zoned

Exterior/Building Features

Lot Size

0.43 Acres


Exterior Features

BBQ, Courtyard


Lot Features

Adjacent to Alley, Corner Lot, North/South Exposure


Architectual Style

Modern


Roof

Metal


Sewer

Connected

School Information

School District

Mansfeld


High School

Tucson


Elementary School

Cragin

Other Property Details

Area Name

Central


Taxes

$15,795


Tax Frequency

Annually


Days on Market

58


Garage

No


Parking Total

14


View

Yes


View Description

Mountain(s)


County

Pima


Water Source

City Water


Pool

No


Pool Features

None


Zoning

Tucson - R3

Listing History

Date

Event

Price

7/31/2024

Sold

$2,950,000

7/20/2024

Pending

6/22/2024

Under contract

Listed by Jarrett W Reidhead with Pinnacle Realty and Investment Advisors LLC
Listing Contact:  

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 Tierra Antigua Realty  are identified with the MLSSAZ ID Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright

©2024 MLS of Southern Arizona. All Rights Reserved.

Data last updated on 12/25/2024 at 3:40 AM UTC

Powered byLuxury Presence