602 E Lester St., Tucson, AZ 85705

602 E Lester St., Tucson, AZ 85705
Photo 1 of 1
$623,750
Sold on 1/22/21
Beds Baths Sq. Ft. Taxes Built
0.00 0 $3,825 1979
On the market: 86 days
View full details, 15 photos, school info, and price history
Five unit well maintained apartment complex located in the north University sub-market. The property is comprised of two buildings with a courtyard on a .4 acre corner lot completely walled with off street parking and covered patios. All units are 2/1 floor plans and include central AC/heat, washer and dryer, plank vinyl and ceramic flooring and fire places in each unit. All tenants are on leases through 7/31/2021. Four or the five tenants are long term with an occupancy of 3-5 years paying under market rents. Similar units in the immediate are are a minimum of $950 per month. Out of state owner manages the property with an onsite tenant/resident manager with a $200 per month rent decrease. numbers shown area based on 2020 expenses and current rent roll. Financials under documents tab.
Listing courtesy of Steven J. Fowler, Better Homes & Gardens Real Estate SJ Fowler