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Sold on 12/23/2011

2715 E Montecito Ave, Phoenix, AZ 85016

  • $666,000

    Last sold 12/23/2011 for $198K

  • 8

    bed

  • 6

    bath

Multi-family not for sale
80 homes bought nearby with Movoto recently

About 2715 E Montecito Ave

Property type Multi-family
Neighborhood
Year built 1958
HOA fee $0/month
Movoto estimate
Property description
Probable ROI over 13% at this price. Two three-plexes are being sold as one unit, with fenced pool. Close to Biltmore area in established part of city. Each three-plex has one two-bedroom apartment and two one-bedroom apartments. Covered parking in rear. All units are currently rented except model, which is being temporarily held open for your inspection. Owners willing to commit $20,000 at close of escrow to re-tile and paint all units, update appliances where applicable, and restore landscaping. Priced for quick sale.
Listed by
Listing Agent - Tom Krull
Listing Office - Realty ONE Group
Source: ARMLS mls logo
MLS#4677620 • last updated 1 year ago
Movoto checked ARMLS for data 2 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Heat Pump, Individual
Heating Individual, Heat Pump
MLS # 4677620
Type Multiple Dwellings
Status Closed
Property Tax 2873
Year Built 1958
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Composition
Construction Painted, Block
Parking Paved, Free, Assigned, Add'l Parking Avail, 1 Space/Unit, Carport
# of Open Parking Spaces 3
# of Covered Spaces 6
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Citrus Haven
Community Features Pool
Elementary School District Madison Elementary District
High School District Phoenix Union High School District
APN 163-08-002
Zoning R-3
Directions North On 27th To Montecito. East To Property.
Multifamily Details
Total # of Units 6
Expense: Operating 10929
Financial Data Source Owner
Expense: Maintenance 1500
Expense: Insurance 1600
Net Operating Income 27471
Gross Income 38400
Expense: Electric 720
Expense: Fuel 700
Expense: Water/Sewer 3036
Gross Scheduled Income 38400
Expense: Gardener 500
$666K
Range: $559K-$772K
Last 30 days 
  • Dec 2011
    mls logo MLS # 4677620
  • Dec 23, 2011 Sold
    $198,000
  • Nov 16, 2011 Listed
    $198,000
  • 2715 E Montecito Ave
    $198K
  • Camelback East
    $762K
  • 85016
    $520K -10% y/y
  • Phoenix
    $465K -2% y/y
No chart available
Statistics calculated by Movoto

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4/10
Madison Camelview Elementary School
public Grades PK, K-4
Madison Elementary District
4/10
Madison Park School
public Grades PK, 5-8
Madison Elementary District
2/10
Camelback High School
public Grades 9-12
Phoenix Union High School District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • 2715 E Montecito Ave
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