403 S El Paso Ave, Tucson, AZ 85701

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List Price
$249,000
Status
ACTIVE UNDER CONTRACT
Days on Market
216
MLS#
22606488
Subtype
Residential
Style
Ranch
Year Built
1924
Bedrooms
1
Living Area
765
Lot Size
11,025
Acres
0.25
Subdivision
N/A
Neighborhood
N/A
MLS Area Major
Central

Property Description

Rare 11,000 sq ft development opportunity in the heart of Tucson's historic Barrio Viejo, now offered at $299,000! Generationally owned by one of the original Barrio Viejo families, this presents an ideal investment and redevelopment opportunity with HR-2 zoning allowing up to two single-family homes with potential ADU. Possible lot split may create additional development potential; buyer to verify with City of Tucson. Prime location near El Minuto, Tucson Convention Center, Mercado San Agustín, Downtown, 4th Ave, and The Loop. Property includes century-old adobe structure sold AS-IS. Structure unsafe and not habitable. City stop-work order in place; entry prohibited. Buyer responsible for due diligence and compliance with Barrio Histórico (HPZ) guidelines.

Additional Information

Exterior Features
Native Species
Taxes
$1,200
Property Description
Ranch
Zoning
Tucson - HR2
Flooring
Wood
Heating
None
Levels
One
Parking Features
None
School District
TUSD
Elementary School
Carrillo
Middle School
Drachman
High School
Tucson
View
Residential, City

Listing courtesy of Paula Catherine Valencia from RE/MAX Results.

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