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806 E MONTECITO Avenue Phoenix, AZ 85014
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Key Details
Sold Price $705,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Carolyn Place
MLS Listing ID 6800733
Sold Date 03/11/25
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1971
Annual Tax Amount $1,243
Tax Year 2024
Lot Dimensions 9095SF
Property Description
Triplex Opportunity in Central Phoenix - Turnkey and Updated! This is an ideal investment with each unit already rented out at market price. Also perfect for multi-generational living and within the FHA loan limit! Each unit is designed to provide privacy and comfort featuring separate entrances, private outdoor spaces, parking, and private laundry for each unit. One 2 bed/1 bath unit and two 1 bed/1 bath units. Smaller units updated in 2021 including floors, bathrooms, light electrical, and countertops. Largest unit updated 2024 with new HVAC, ductwork, flooring, kitchen cabinets/counters, bathroom remodel, electrical panel and more. New roofs on both units 2023. Whether you're looking to expand your portfolio, or live in one unit while renting out the others, this is not one to miss!
Location
State AZ
County Maricopa
Community Carolyn Place
Zoning R-4
Direction From I-10, exit 7th st, head north and turn east on Montecito Ave, home on the north side of the road.
Interior
Heating Individual, Central, Heat Pump
Cooling Central Air, Individual
Flooring Vinyl, Concrete
Appliance Free-Standing Range, Refrigerator, Washer/Dryer
Exterior
Parking Features Paved, On Street, Carport
Community Features No Pool
Roof Type Composition
Total Parking Spaces 5
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Middle Schools Osborn Middle School
High Schools North High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 155-19-031
Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Conventional, 1031 Exchange, FHA, VA Loan
Financing Conventional
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