For Sale
$1,900,000

5519-5557 Helen StTucson, AZ 85712

20-Unit Multifamily Complex, Updated & Profitable

Overview

Added:
Dec 11, 2024
Days on market:
116
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.

Highlights

  • 20-unit apartment building in Tucson, AZ, offering a strong ROI.
  • Located at 5519-5557 E Helen St, 85712, on a 0.75-acre lot (APN: 121-06-025A & 121-06-014B), totaling 8,400 square feet.
  • Asking price: $1,900,000 ($95,000 per unit, $226.19 per square foot).
  • Extensive renovations completed, including new roofs, windows, exterior paint, and upgraded electrical panels. Each unit features two new mini-split AC units.
  • Interior upgrades include new flooring and repainted cabinets in select units, new stainless steel appliances, granite countertops, and upgraded bathroom counters.

Property Details for 5519-5557 Helen St

Property type
Apartment buildings
Square Feet
8,400 SF
Year Built
1966
Lot Size (sq. ft)
32,670 SF
Units
20

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.2372645
Longitude
-110.8746087
5519-5557 Helen St, Tucson, Arizona

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5519-5557 Helen St
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