806 E Montecito Avenue, Phoenix, AZ 85014

$705,000
4
BD
3
BA

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Sold Price
$705,000
List Price
$775,000
Closing Date
Mar 11, 2025
Days on Market
25
Status
CLOSED
MLS#
6800733
City
Phoenix
Bedrooms
4
Bathrooms
3
Subdivision
Carolyn Place
Year Built
1971

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!

Additional Information

High School
North High School
Middle School
Osborn Middle School
Community Features
No Pool
Construction
Block, Painted
Cooling
Central Air, Varies by Unit
Electric
APS
Heating
Heat Pump, Varies by Unit, Central
New Financing
VA Loan, FHA, Conventional, 1031 Exchange, Cash
Parking Features
Paved, Carport, On Street
Roofing
Composition
Sewer
Public Sewer
Subdivision
Carolyn Place
Taxes
$1,243
Tax Year
2024
Tenant Pays
Water, Sewer, Electricity, Gas, Trash Collection, Cable TV
Units
3
Water
City Franchise
Zoning
R-4

Courtesy of eXp Realty. 480-420-4455 Selling Office: HomeSmart.

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