5519-5557 Helen St Tucson, AZ 85712
- Apartment buildings
- 8,400 SF
- 0.75 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 5519-5557 Helen St
- Year built
- 1966
- Lot size
- 0.75 lot acres
- Property size
- 8,400 SF
- Property type
- Apartment buildings
Description
This exceptional 20-unit apartment building, known as Casitas del Sol, presents a lucrative investment opportunity in Tucson, Arizona. Located at 5519-5557 E Helen St, 85712, this property boasts a total of 8,400 square feet on a 0.75-acre lot (APN: 121-06-025A & 121-06-014B). Built in 1966 and zoned R-3/C-2, the property offers significant upside potential. The asking price is $1,900,000, translating to $95,000 per unit and $226.19 per square foot. Extensive renovations have been completed, significantly enhancing both the aesthetic appeal and functionality of the complex. Exterior improvements include fresh exterior paint, the addition of two mini-split AC units in each unit, a new front yard fence for the east-facing units, new roofs, and replacement of all windows. Furthermore, upgraded electrical panels have been installed. Interior upgrades are equally impressive, featuring new flooring in select units, repainted cabinets in select units, new stainless steel appliances, granite countertops, and upgraded bathroom counters. This turnkey investment is ready for immediate income generation and offers a strong return on investment. The property's location in Pima County provides easy access to Tucson's amenities and a thriving rental market. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a desirable location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -110.875
- Latitude
- 32.2373
