3624 E Montecito Avenue

Phoenix, AZ
$ 799,000 Beds 6 Baths 6 Sq 2,655
Monthly Estimate* How much can I afford?

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

Multi-Family

  • Price
  • $ 799,000
  • Lot Size
  • Bedrooms
  • 6
  • Sqr Footage
  • 2,655
  • Full Bathrooms
  • 6
  • Year Built
  • 1961
  • Half Bathrooms
  • 0
  • City, Zip
  • Phoenix
  • Taxes
  • 3047
  • County
  • MARICOPA
  • Style
  • Area
  • MLS#
  • 6149401
  • Zip
  • 85018
Listing Provided by: HomeSmart

Features

General

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 1300.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Cooling Central A/C, ENERGY STAR Qualified Equipment
Electric SRP
Features Barbecue Area(s), No Pool
Heating Central, Electric, Gas
Map Code/Grid P35
Net Income 43856.00
New Financing Conventional, No Carry
Owner Pays Landscaping, Sewer, Trash Collection, Water
Parking 1 Space/Unit, Carport, Paved Parking, Street Parking
Property Type F
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
Roof Comp Shingle
School District 014 - Creighton Elementary District
Sewer Sewer - Public
Special Owner/Agent
Status Active
Subdivision PASADENA MANOR
Tenant Pays Cable TV, Electric, Gas
Water City Franchise, Master Meter
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 BI Oven/Range, Dishwasher, Disposal, Refrigerator, W/D Hookup
Floors Ceramic Tile, Vinyl/Composition
Gas SW Gas
Total Number of Units 3.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted
Covered Parking Spcs 3.00
Lot Size Dimensions 11357
Total Parking Spcs 6.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Gold Canyon, AZ office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

10/28/2020 Listed $799,000

Property vs Zip Code Average in 85018

Price
AVG $1.72M
$800K
Taxes
AVG $5,271
$3,047
Visits
AVG 303
55
Year Built
AVG 1977
1961

Map

Areas That We Cover

3624 E Montecito Avenue Phoenix, AZ is a Single Family Home for sale at $799000 with 2655 sqft and a lot size of Acre(s). 3624 E Montecito Avenue Phoenix has 6 bedrooms, 6 baths and was built in 1961. The property's zip code is 85018 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.