4253 E Flower Street, Tucson, AZ 85712
$1,350,000
Property Type:
Commercial
Square Footage:
8,375
Lot Size (sq. ft.):
75,459
Status:
Closed
Current Price:
$1,350,000
List Date:
11/06/2019
Last Modified:
12/12/2024
Description
Unique ability to initiate an Opportunity Zone purchase and development on a property that will provide immediate and ongoing cash flow. Currently a 20 unit complex with 5 separate buildings spread over 2 acres of land with the ability with the ability to add 10 more units.
More Information MLS# 21928730
Address Information
Street #: 4253
Direction: E
Street Name: Flower
Suffix: Street
State/Province: AZ
Zip Code: 85712
County: Pima
Country: USA
Location Tax Legal
Tax Code: 110-07-1590
Area: Central
Contract Information
Current Price: $1,350,000
Sold Price: $1,350,000
Listing Date: 2019-11-06
Status: Closed
Method of Title: Fee (Simple)
Short Sale: No
Status Change Info
Off Market Date: 2020-04-01
Pending Date: 2020-05-15
Sold Date: 2020-05-15
Sold Price: $1,350,000
Sold Price/SqFt: 161.19
Lot Sz Sold Prc/SqFt: 17.89
Financing: Conventional
General Property Information
Property Sub-Type: Apartment
Construction Status: Existing
# Units: 20
Total Parking: 40
Multi-Tenant: Yes
Year Built: 1959
Lot Dimensions: 75,459.00F
Lot Acres: 1.76
Lot Sqft: 75459
Lot Size Source: Assessor
Combined SqFt: 8375
Source of SqFt: Assessor
List Price/SqFt: 161.19
Lot Size Price/SqFt: 17.89
Remarks Misc
Geo Lat: 32.255346
Geo Lon: -110.902104
Showing Information
Directions: From Grant Road to Columbus Blvd. N to Flower street W to address. Property on North side of street.
Income
Gross Scheduled Rent: 109748
Other Income: 5302
Net Opp Income: 97800
Expenses
Admin Expenses: 1648
Figures Presented: Actual
Gas/Electric: 6082
Maintenance Supplies: 2938
Taxes/Assessments: 7085
Water/Sewer: 7993
Apartment Unit Information
# of Units/1 BR: 20
Avg Mo Rent/1 BR: 468
Electric
Electric Company: TEP
Property Features
Property Features: Smoke Detector
Construction: Brick
Roof: Built-Up
Main Cooling: Wall Unit(s)
Main Heating: Other
Water Heater: Electric; Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Fence: Chain Link
Landscape - Front: Natural Desert
Landscape - Rear: Low Care; Trees
Road Type: Dirt; Gravel
Parking: Private Parking
Terms: Submit
Property Disclosures: Lead Based Paint
Documents
Lead based paint ›Listing Office: Equilibrium Realty
Last Updated: December - 12 - 2024
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 the listing brokerage here are identified with the MLSSAZ IDX Logo.
All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
Listing information Copyright 2026 MLS of Southern Arizona. All Rights Reserved.