Features & Amenities

Interior

  • Other Interior Features

    High Speed Internet

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Forced Air, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco, Frame

  • Other Exterior Features

    None

  • Patio and Porch Features

    Enclosed

  • Pool

    No

  • View

    None

Area & Lot

  • Lot Features

    Subdivided, Few Trees

  • Lot Size(acres)

    0.44

  • Lot Size(square feet)

    44.76

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Contemporary

Price

  • Sales Price

    $850,000

  • Sq. Footage

    6, 241

  • Price/SqFt

    $136

HOA

  • Association

    No

School District

  • Elementary School

    Wright

  • Middle School

    Doolen

  • High School

    Catalina

Property Features

  • Association Amenities

    None

  • Water Source

    Public

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Location

County

Pima

Elementary School

Wright

Middle School

Doolen

High School

Catalina

Listing Courtesy of Jim Storey , Long Realty

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Ralph Townhomes, is the perfect value-add opportunity that allows for long term appreciation and value growth. This property consist of large 2bd/2ba units located in Central Tucson, surrounded by both shopping and entertainment. The asset has clear value-add potential attainable through interior & exterior renovations and rental increases. The attractive seller financing offers additional financial upside and a smoother transaction.
These units have been owned by the same family ever since the duplexes were built, so they have immense pride of ownership.

The complex consists of 5 well-designed two-bedroom/two-bath apartment units. The large layouts provide opportunity for a diverse tenant mix. The units have had minor upgrades and improvements throughout the years as needed. Investors can benefit from a stable foundation with current long-term tenants and below-market rents, setting the stage for immediate growth. Value-add upside awaits an investor who can bring the conditions up a couple notches through renovations which will bolster rents & NOI.

Favorable to investors, all utilities are paid by the tenants as the property is all individually metered. This keeps the tenants responsible for all their usage and keeps expenses lower for the landlord. Attractive amenities await the tenants at the property including covered parking, private fenced backyards, and air-conditioned units. On the inside, tenant's will find dishwashers,
ceiling fans, in-unit washer/dryer hookups, and breakfast nooks.

Ideally located within central Tucson, Ralph Townhomes' features a desirable location for those who want to be close to both shopping and employment opportunities. Located near Tucson Medical Center and Costco, the property draws a thriving working-class community. Residents can also benefit from convenient access to growing retail space, providing an array of shopping, dining, and entertainment options. This abundant retail and medical landscape not only enriches the lifestyle of Ralph Townhome residents but also offers employment opportunities in close proximity to the community.

2118 N Ralph Avenue

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