Active

50 W King Road

Tucson AZ, 85705

$2,795,000


Active

Other

Built in 1971

Twin Palms Apartments is a 20 Unit Gated Community which underwent a Full Renovation in 2019. Upon Completion, it was Loaded with Upgrades Including: New Granite Countertops, Stainless Steel Appliances, Polished Concrete Floors, Light and Bright Baths with Subway Tile and Quality Finishes Throughout the Units.
The property is Centrally Located with an Easy Commute to the U of A, Downtown and/or Central Tucson, NW Tucson, Tucson Mall, Entertainment, Amazing Restaurants, Shopping, Services and Transportation. The property is Double Walled, Gated, Well Lit and has Seller Owned Laundry Equipment in a building that not only includes the laundry but also offers Secure Individual Storage for the tenants. The Secure Storage could bring in additional Revenue for the New Owner!...(more) Tenants Pay for their Electricity and Gas. Water/sewer/trash and parking is included in the rent.

Tucson boasts a Vibrant Market with a Deep Cultural Tapestry, reflecting Native American, Spanish, Mexican, and Anglo-American Traditions. Nationally Recognized, Tucson stands out as a Top City for export support in global trade, a Premier Southwest Destination for Millennials, a Leading Hub for Entrepreneurs, and Ranks Second Nationally as the Best City for Job Opportunities! Combining its Natural Splendor with an Innovative Spirit, Tucson offers a Unique Lifestyle that draws a Diverse Population and Thriving Commerce!

6696537

MLS ID

April 24, 2024

Listed

May 9, 2024

Updated

Map

50 W King Road
Tucson AZ, 85705

Interior Features

Floor Description

Stone, Concrete


Fireplace

No


Cooling

Yes


Cooling Description

Individual, Electric, Ceiling Fan(s)


Heating

Yes


Heating Description

Individual, Natural Gas

Exterior/Building Features

Roof

Composition, Built-Up


Sewer

Public Sewer

School Information

School District

Amphitheater Unified District

Other Property Details

Taxes

$8,462


Tax Frequency

Annually


Days on Market

9


Garage

No


Parking

Paved Parking, Free


Parking Total

30


View

No


County

Pima


Water Source

City Franchise


Pool

No


Zoning

Multi Family


Buyer Agency Compensation

2.25%

Listing History

Date

Event

Price

5/3/2024

Price Change

$2,795,000

-7%

Courtesy of Keller Williams Arizona Realty, Richard Horst

Listing Contact: 480-353-0394 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Beth Eisenmann shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 1:16 AM UTC, 5/9/2024.

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