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144 E University Boulevard

Tucson, AZ 85705
  • $625,000
  • STATUS: Closed
  • ID#: 21920626
Sold - 01/08/2021
$625,000
SOLD - 01/08/2021
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,341
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1903
County:
Area:

School Ratings & Info

Courtesy of Long Realty Company.

Description

Seller will look at offers between $750,000 and $850,000.Fondly known as ''The Big Blue House'' this Tucson Boutique Inn makes it a perfect bed and breakfast. Located in the West University Historic District near downtown on University Boulevard and 6th Avenue and near a metro street car station and all things U of A! Consists of one attached 1 bedroom apartment and 1 detached guest house for a total of 10 rooms with private kitchens/bathrooms. The upgrades that have been made over the years make these units an exceptional income property for the downtown and University of Arizona markets. Hardwood and tile flooring maintain the charm of this home keep it up-to-date.

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Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-06-14T13:06:36.46.
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 Long Realty - The Vallee Gold Team are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
www.valleegoldteam.com/homes/97646432
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144 E University Boulevard Tucson, AZ 85705

  • Price: $650,000
  • Status: Closed
  • Updated: 61 min ago
  • ID#: 21920626
0
Beds
0
Baths
0
½ Baths
0.22
Acres
4,341
SQFT
$0
$/SQFT
1903
Built
Neighborhood:
Central
County:
Pima
Area:
Central
Property Description
Seller will look at offers between $750,000 and $850,000.Fondly known as ''The Big Blue House'' this Tucson Boutique Inn makes it a perfect bed and breakfast. Located in the West University Historic District near downtown on University Boulevard and 6th Avenue and near a metro street car station and all things U of A! Consists of one attached 1 bedroom apartment and 1 detached guest house for a total of 10 rooms with private kitchens/bathrooms. The upgrades that have been made over the years make these units an exceptional income property for the downtown and University of Arizona markets. Hardwood and tile flooring maintain the charm of this home keep it up-to-date.
Exterior Features

Construction Mud Adobe Fence None Landscape Front Decorative GravelShrubsTrees Landscape Rear Decorative GravelShrubsTrees Parking Public Parking Parking Number Covered Parking 0 Road Type Paved Roof Shingle

Interior Features

Main Cooling Ac WallAc ZonedCeiling Fans Main Heating WallZoned - Gas Water Heater Natural Gas

Property Features

Accessibility Option None Analysis Cap Rate Percent 24.00 Analysis Exp Percent Of Gross 123200.00 Analysis Gross Rent Multi 2.55 Analysis Vacancy Rate Percent 20.00 Assessments 0.00 Business Location Corner Lot Country Usa Electric Electric Company Tep Expenses Admin Expenses 0.00 Expenses Captial Expenses 5400.00 Expenses Contract Services 0.00 Expenses Figures Presented Proforma Expenses Insurance 1500.00 Expenses Maintenance Supplies 5400.00 Expenses Management 0.00 Expenses Other Expenses 5000.00 Expenses Resident Manager 0.00 Expenses Taxes Assessments 5642.00 Expenses Water Sewer 2200.00 Fenced Storage Yes Fire Protection Included in Taxes Freeway Highway Up To 1 Mile Gas Natural Income Adjusted Gross 352000.00 Income Gross Scheduled Rent 440000.00 Income Net Opp Income 219500.00 Income Vacancy Loss 88000.00 Lot Dimensions 134.80 X 72 Lot Features Corner LotNorth/South ExposureSubdivided Lots Lot Sqft 9583.00 Multi Tenant Yes Municipality Zoning Tucson - Hr3 Property Disclosures Deed RestrictionsLead Based Paint Property Features Fire SprinklersInterior StepsSmoke DetectorStorage Property Sub Type Hotel & Motel Restrictions Cc&RDeed Security None Sewer Connected Short Sale No Source Of Sqft Floor Plan Special Conditions None Tax Year 2019 Taxes 5768.94 Terms CashConventional Total Parking 2 Traffic Count Unknown Water City

Listing provided courtesy of Long Realty Company. Listing information © 2021 MLS of Southern Arizona.


Listing information Copyright 2021 MLS of Southern Arizona. All Rights Reserved. Data last updated: 2021-06-14T13:06:36.46.
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 Long Realty - The Vallee Gold Team are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
 
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Long Realty - The Vallee Gold Team
1890 East River Road
Tucson AZ, 85718
Courtesy of Long Realty Company.
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