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248-254 N Melwood Ave 254 N Melwood Ave 4 Unit Apartment Building $649,000 ($162,250/Unit) Tucson, AZ 85745

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EXECUTIVE SUMMARY

Incredible investment opportunity. These fully remodeled units are a stone's throw from Tucson's thriving downtown and just a 10 minute drive from the University of Arizona. Each unit is 2BR/1BA all have been fully updated with new flooring, new interior and exterior paint, and new ceiling fans. New kitchens with new cabinets, counters, & new GE stainless steel appliances w/ a gas stove. Fully renovated bathrooms w/new vanity sink and new file. All units have yards. This is a chance to pick up a great turnkey rental investment. Unit 248, 250 & 252have Tenants, please do not disturb. Agent/Owner.

PROPERTY FACTS Under Contract

Price	$649,000	Building Class	C
Price Per Unit	$162,250	Lot Size	0.39 AC
Sale Type	Investment	Building Size	5,952 SF
No. Units	4	Average Occupancy	0%
Property Type	Multifamily	No. Stories	1
Property Subtype	Apartment	Year Built	1980
Apartment Style	Townhome	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-2

Price	$649,000
Price Per Unit	$162,250
Sale Type	Investment
No. Units	4
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Townhome
Building Class	C
Lot Size	0.39 AC
Building Size	5,952 SF
Average Occupancy	0%
No. Stories	1
Year Built	1980
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-2