Are you in the market for a property investment opportunity in Tucson, Arizona? Look no further! A fantastic Tucson duplex is currently up for sale, offering incredible potential for the savvy buyer. With a price range of $365,000 to $375,000, this property is an excellent investment for those looking to capitalize on a prime location and a unique set of circumstances.
Located in an ideal area, close to schools, shopping centers, restaurants, medical facilities, and only a short distance from the University of Arizona and downtown Tucson, this duplex is perfectly situated to meet the demands of potential residents. Whether you’re looking to lease both units, live in one and rent the other, or even convert the property into a single-family residence, the possibilities are endless.
It’s important to note that the current use of this Tucson duplex is an Adult Daycare Center. While this presents a unique opportunity for those looking to continue operating a similar business, it also means that some renovations are required to convert the property back to its original purpose. Specifically, the kitchen and bathrooms need remodeling to restore them to full use. However, the seller will not pay for or make repairs to the premises, which is reflected in the asking price.
Moreover, it is essential to respect the current occupants’ privacy and not disturb them. The property is shown by appointment only, with the listing agent, after 4 PM on weekdays and throughout the weekends. This arrangement ensures that potential buyers can view the property without interfering with the daily operations of the Adult Daycare Center.
Another interesting aspect of this duplex is that it has not been lived in for many years. Instead, it has been used exclusively by a non-profit organization for day use only. This means that the property has been well-maintained, albeit with limited occupancy. For those looking to create a fresh start in a quality property, this is an opportunity not to be missed.
If you’re considering expanding your investment portfolio, this Tucson duplex may be sold together with a 4Plex located behind it at 142-148 E Mohave. This additional property provides even more potential for rental income or creative development options. Purchasing both properties together could be a strategic move, allowing you to maximize your investment and capitalize on the prime location.
In conclusion, this Tucson duplex presents an exciting opportunity for investors, developers, or those looking to create their dream home in a sought-after location. While some remodeling is required, the potential for a high return on investment is undeniable. With a price range of $365,000 to $375,000 and the option to purchase the adjacent 4Plex, this property is sure to attract attention from a variety of interested parties. Don’t miss out on this hidden gem – schedule your appointment with the listing agent today and unlock the potential of this Tucson duplex for sale.
140 E Mojave Road, Tucson, AZ 85705