806 E Montecito Avenue, Phoenix, AZ 85014

Sold Price
$705,000
List Price
$775,000
Closing Date
Mar 11, 2025
Days on Market
25
Status
CLOSED
MLS#
6800733
City
Phoenix
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
School District
Phoenix Union High School District
Community Features
No Pool
Construction
Painted, Block
Cooling
Central Air, Individual
Electric
APS
Flooring
Vinyl, Concrete
Heating
Individual, Central, Heat Pump
New Financing
Conventional, 1031 Exchange, FHA, VA Loan
Parking Features
Paved, On Street, Carport
Roofing
Composition
Sewer
Public Sewer
Subdivision
Carolyn Place
Taxes
$1,243
Tax Year
2024
Units
3
Water
City Franchise
Zoning
R-4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty. Selling Office: HomeSmart.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.