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720 E Montecito Ave
Phoenix, AZ 85014
Multifamily Property For Sale · 4 Units

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.21 AC
Building Size 2,717 SF
Average Occupancy 75%
No. Stories 1
Year Built/Renovated 1955/2018
Parking Ratio 2.94/1,000 SF
Zoning M-H - Multi-Family

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Yard
  • Breakfast Nook
  • Double Pane Windows
  • Family Room
  • Linen Closet
  • Pantry
  • Window Coverings

SITE AMENITIES

  • Courtyard
  • Fenced Lot
  • Gas Range
  • Recycling
  • Smoke Free
  • Trash Pickup - Curbside
  • Public Transportation

ABOUT 720 E MONTECITO AVE , PHOENIX, AZ 85014

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! 6.35%, CAP Rate Turn key investment property with Value Add opportunity!

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 $1,223 600
2+1 3 $1,372 800

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
155-19-027
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$23,077
  • Listing ID: 17081458

  • Date on Market: 8/31/2019

  • Last Updated:

  • Address: 720 E Montecito Ave, Phoenix, AZ 85014

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