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4253 E Flower St, Tucson, AZ 85712

$1,950,000
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List Price
$1,950,000
Status
ACTIVE
Days on Market
79
MLS#
22618329
Subtype
Commercial Sale
Year Built
1949
Lot Size
110,381
Acres
2.53
Neighborhood
Central
MLS Area Major
Central
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520-256-5922

Property Description

Rare Opportunity Zone investment offering immediate cash flow with exceptional long-term redevelopment potential. Situated on approximately 2 acres, the property consists of 20 units across five buildings with the ability to develop an additional 10 units. A distinctive exit strategy allows the asset to be positioned as either a 30-unit multifamily community or subdivided into eight separately saleable parcels comprised of seven fourplexes and one duplex. Existing improvements include an on-site swimming pool, laundry facility, and office/storage space. Future enhancements may include new asphalt, sidewalks, parking, landscaping, and site improvements to further maximize value and marketability.

520-256-5922
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Additional Information

Taxes
$10,748
Zoning
Tucson - R2
Heating
Wall Furnace
Air Conditioning
Window/Wall
Roof
Rolled
Parking Features
Private
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Listing courtesy of Nina J Marvcesim from Realty Executives Arizona Territory.

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