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Address
3624 E Montecito Avenue Phoenix, AZ
Price
$ 695,000
Property Attributes
  • MLS#5932349
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodPasadena Manor
  • Zip85018
  • Style
  • Year Built1961
  • Taxes2963
  • Price$ 695,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage2655
Listing Provided Courtesy Of:
HomeSmart
Property Description

Excellent Opportunity to own a cash flowing asset in the heart of Arcadia. This triplex has undergone significant capital improvements, including a new roof, new A/C units, new electrical wiring, new plumbing, new dual pane windows, new cosmetic upgrades to the bathrooms, vinyl floors, kitchen, stainless steel appliances, recessed lighting, private courtyard, security gates and more. Property is professionally managed with ability for new owner to take advantage of increasing the current rents. Demand for 2BED/2Bath units in this neighborhood make this property easy to limit vacancy. Do not disturb occupants

Elementary School Middle School High School
Monte Vista Elementary School Biltmore Preparatory Academy Middle School Arcadia High School
Price History
5/29/2019 Listed $695,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 1297.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Elementary School Monte Vista Elementary School
Features No Pool, Play Area, Barbecue Area(s)
High School Arcadia High School
Listing Status Active
Map Code/Grid P35
Middle School Biltmore Preparatory Academy
Net Income 37734.00
New Financing FHA, Conventional, 1031 Exchange, VA
Owner Pays Water, Sewer, Landscaping
Property Type F
School District 014 - Creighton Elementary District
Special Owner/Agent
Subdivision PASADENA MANOR
Tenant Pays Electric, Gas, Cable TV
Type ER
Year Built 1961
Zoning R-3

Interior Features

2 Bedroom Units: # 2 Bedroom Units 3
2 Bedroom Units: # Baths 2
2 Bedroom Units: Avg Sqft 885
Appliances Included F/S Oven/Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer, W/D Hookup
Cooling Central A/C, Electric Refrigeratd, ENERGY STAR Qualified Equipment
Electric Master Meter, SRP
Floors Vinyl/Composition
Gas SW Gas
Heating Electric, Gas, Central, Ceiling Fan(s), ENERGY STAR Qualified Equipment
Interior Features Unfurnished, Drapes, Fire Sprinklers, Fire/Smoke Alarm(s), Security Alarm(s), Mini Blinds
Total Number of Units 3.00

Exterior Features

Public Remarks Excellent Opportunity to own a cash flowing asset in the heart of Arcadia. This triplex has undergone significant capital improvements, including a new roof, new A/C units, new electrical wiring
Sale Includes Land & Building, Laundry Equipment
Const - Finish Painted
Covered Parking Spcs 3.00
Exterior Features Green Landscaping, Desert Landscaping, Partially Fenced, Cable TV Available, Patio/Balcony, Security Light(s), Guard Gate
Lot Size Dimensions 11357
Parking 1 Space/Unit, Paved Parking, Carport, Street Parking, Add'l Parking Avail
Roof Comp Shingle
Sewer Sewer - Public
Total Parking Spcs 6.00
Water Master Meter, City Franchise

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 85018

Price
AVG $700K
$700K
Taxes
AVG $2,963
$2,963
Visits
AVG 20
19
Year Built
AVG 1961
1961

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