Sold

215 W Navajo Road, Tucson, AZ 85705

Sqft
3,124
Pool
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byMorado Canyon Realty
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Overview

Great investment opportunity! Private, fully fenced and gated R-2 zoned lot rfeaturing a fully renovated 3-bedroom, 2-bath duplex with a pool on over half an acre (~30,000 sq ft). Rare value-add opportunity w/ sufficient land to construct a GUEST HOUSE OR ADU!
Current rental income is $3,200/month ($38,400 annually). Aggressive pro-forma projections indicate a potential stabilized cap rate of approximately 8.5%+, based on market rent growth and future expansion. Ideal house-hackâ''live in one unit and rent the otherâ''or expand to significantly increase cash flow and overall return.
Located at Fort Lowell & Oracle in the heart of Tucson, just minutes to downtown, freeway access, shopping, dining, and employment centers. Central location with strong, consis

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
3,124
Lot size (acres)
0.68
Year built
1961

Exterior features

Pool
Yes

Utilities

Heating
Heat pump, Forced air
Cooling
Central air, Heat pump, Ceiling fan(s)
Water
Public

Estimated monthly costs

Insurance
$4,600

Public schools

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Sourced from: MLS of Southern Arizona MLS®#: 22601664 Last checked:

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