50 W King Road, Tucson AZ, 85705
(Active)
$2,795,000
|
|
MLS# 6696537
Last Updated: 5/5/2024 4:11 AM
Description for
50 W King Road
Tucson, AZ 85705
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!
Price
$2,795,000
Pastime Acres 20 Units
Pima
6696537
Active
Description
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!
Listing Information
| Property Type: Multi-Family, Other | ||
| 1971 | Block,Stone | |
13//
Pastime Acres 20 Units
Public Sewer
Neighborhood
Room Information
Interior Features
Concrete, Stone
Central Air, Electric, Ceiling Fan(s)
Gas Heat
Exterior / Lot Features
30 Parking Spaces,
Stone, Block
Composition, Built Up
163 x 368 x 164 x 369
Multi Family
Driving Directions
East on King from Oracle Rd to the property
Financial Considerations
| 106-02-206 |
| $8,462 |
1031 Exchange
Listing Price History
Tucson Real Estate
Tucson is located in Arizona. Tucson, Arizona 85705 has a population of 536,653.
The median household income in Tucson, Arizona 85705 is $31,767. The median household income for the surrounding county is $55,843 compared to the national median of $66,222. The median age of people living in Tucson 85705 is 39 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 5/3/2024 | Active | $2,795,000 USD -6.05% |
|
| 4/25/2024 | Active | $2,975,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $8,462 USD | 0.99% | $228,980 USD | 28.81% |
| 2022 | $8,379 USD | 2.16% | $177,759 USD | 171.09% |
| 2021 | $8,202 USD | 0.61% | $65,572 USD | 13.66% |
| 2020 | $8,152 USD | 2.64% | $57,691 USD | -14.31% |
| 2019 | $7,942 USD | 3.33% | $67,328 USD | - |