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Address
720 E Montecito Avenue, Unit #1-4 Phoenix, AZ
Price
$ 789,000
Property Attributes
  • MLS#5970604
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodCarolyn Place Lot 10-45
  • Zip85014
  • Style
  • Year Built1955
  • Taxes1088
  • Price$ 789,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2100
Listing Provided Courtesy Of:
Realty Executives
Property Description

BEAUTIFULLY renovated Triplex with fully permitted, roughed in 4th unit. NEW ACs, NEW wide plank wood tile floors, NEW stunning kitchens with tile backsplash and granite slab counters! NEW baths, NEW faux wood blinds, NEW Stainless Steel full sized appliances, NEW full size laundry in each unit, too much to list! AND patios with white picket fences and plenty of outdoor space for tenants! 7.45%, CAP Rate2 Units are long term rentals1 Unit is an AirBnB1 Unit is permitted for a 2/1 and is roughed in ready for Buyers finishing touches!Turn key investment property with Value Add opportunity!

Elementary School Middle School High School
Longview Elementary School Osborn Middle School North High School
Price History
8/27/2019 Listed $789,000

General Features

1 Bedroom Units: Avg Rent 1195.00
2 Bedroom Units: Avg Rent 1395.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Elementary School Longview Elementary School
Features No Pool
High School North High School
Map Code/Grid P34
Middle School Osborn Middle School
Net Income 58785.00
New Financing Conventional
Owner Pays Water, Sewer, Trash, Landscaping
Property Type F
Public Remarks BEAUTIFULLY renovated Triplex with fully permitted, roughed in 4th unit. NEW ACs, NEW wide plank wood tile floors, NEW stunning kitchens with tile backsplash and granite slab counters! NEW baths
School District 008 - Osborn Elementary District
Status Active
Subdivision CAROLYN PLACE LOT 10-45
Tenant Pays Electric, Gas
Unit Number #1-4
Year Built 1955
Zoning R-4

Interior Features

1 Bedroom Units: # 1 Bedroom Units 1
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 600
2 Bedroom Units: # 2 Bedroom Units 2
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 750
Appliances Included F/S Oven/Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer
Cooling Electric Refrigeratd, Individual
Electric SRP, Submetered System
Floors Ceramic Tile
Gas Submetered System, SW Gas
Heating Gas, Ceiling Fan(s), ENERGY STAR Qualified Equipment
Interior Features Unfurnished, Fire/Smoke Alarm(s)
Total Number of Units 4.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted, Stucco
Covered Parking Spcs 0.00
Exterior Features Landscape Wtr System, Desert Landscaping, Partially Fenced, Cable TV Available, Patio/Balcony, Security Light(s)
Lot Size Dimensions .209acres / 9095 SF
Parking Free, >1 Space Per Unit
Roof Comp Shingle
Sewer Sewer - Public
Total Parking Spcs 6.00
Water City Franchise, Submetered System

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85014

Price
AVG $480K
$790K
Taxes
AVG $1,275
$1,088
Visits
AVG 277
652
Year Built
AVG 1955
1955

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