806 E MONTECITO Avenue, Phoenix, AZ 85014
New Listing
$775,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$775,000
List Date:
1/10/2025
Last Modified:
1/10/2025
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 so much more. Whether you're looking to expand your portfolio, or live in one unit while renting out the others, this is not one to miss!
More Information MLS# 6800733
Contract Info
Current Price: $775,000
List Price: $775,000
Status: Active
List Date: 2025-01-06
Ownership: Fee Simple
Location Tax Legal
House Number: 806
Compass: E
Street Name: MONTECITO
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 4316
Country: USA
County Code: Maricopa
Subdivision: CAROLYN PLACE LOT 1-9, 46-54
Assessor Number: 155-19-031
Tax Year: 2024
General Property Description
Lot Size Dimensions: 9095SF
Year Built: 1971
Uncvrd Parking Spcs: 4
Total # of Units: 3
# of Buildings: 2
Zoning: R-4
Flood Zone: No
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Jr. High School: Osborn Middle School
High School: North High School
Remarks Misc
Cross Street: 7th Street and Indian School
Directions: From I-10, exit 7th st, head north and turn east on Montecito Ave, home on the north side of the road.
Geo Lat: 33.499358
Geo Lon: -112.063097
Status Change Info
Status Change Date: 2025-01-10
Legal Info
Township: 2N
Range: 3E
Section: 21
Lot Number: 36
Income Expenses
Gross Annual Sch Inc: 53040
Net Operating Income: 53040
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1260
Avg SqFt: 611
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1900
Avg SqFt: 867
# Baths: 1
Property Features
Project Type: Tri-Plex
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle
Floors: Concrete; Vinyl
Sale Includes: Land & Building
Payment Includes: Principal; Interest; Taxes; Insurance
Community Amenities: No Pool
Interior Amenities: Mini Blinds
Appliances Included: F/S Oven/Range; Refrigerator; Washer/Dryer
Heating: Individual; Central; Heat Pump
Cooling: Individual; Central A/C
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking: Carport; Street Parking; Paved Parking
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electric; Gas; Trash; Cable TV
Source of Fincl Data: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Supra (ARMLS)
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office: eXp Realty
Last Updated: January - 10 - 2025
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