Blue Sapphire line

602 E Lester Street

Tucson, AZ 85705

Tucson, AZ 85705

602 E Lester Street

$640,000

MLS#: 22027188

Status: Closed

Listing provided by: Better Homes & Gardens Real Estate - SJ Fowler

Listing agent phone: None

Last update: 1 year, 4 months ago

On site: 5 years ago

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About

Prime Location! Five unit well maintained apartment complex located in the north University sub-market. The property is comprised of two buildings with a courtyard on a .4 acre corner lot completely walled with off street parking and covered patios. All units are 2/1 floor plans and include central AC/heat, in unit washer and dryer, plank vinyl and ceramic flooring and fire places in each unit. All tenants are on leases through 7/31/2021. Four or the five tenants are long term with an occupancy of 3-5 years paying under market rents. Rents can easily be raised on the next lease term. Similar units in the immediate area are a minimum of $950 per month. Financials and rent roll under documents tab.

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1979

Sq.Footage

3,808

Features

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.4

  • Lot Size(square feet)

    36

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $640,000

  • Tax Amount

    $3,512

  • Sq. Footage

    3,808

  • Price/SqFt

    $168

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 David J Walsh, Better Homes & Gardens Real Estate - SJ Fowler

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602 E Lester Street

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