Properties
Phoenix, AZ 85014 822 E MONTECITO Avenue
$899,000
43 more
Presented By: Get Multifamily; 480-795-7938
Home Details
Welcome to 822 East Montecito Avenue, Phoenix, AZ 85014! This beautifully maintained four-plex offers a fantastic investment opportunity with a mix of two spacious 2-bedroom, 1-bath units and two large 1-bedroom, 1-bath units. Each unit features large private backyards, perfect for outdoor relaxation or entertaining. Enjoy the convenience of full-sized laundry facilities in each unit, along with a host of modern upgrades and amenities designed to enhance comfort and style. Whether you're looking for a stable income property or a home for yourself, this four-plex delivers both charm and convenience in a prime Phoenix location.
Don't miss out on this exceptional opportunity! Tenant occupied. Please do not disturb.
Presented By: Get Multifamily; 480-795-7938
Interior Features for 822 E MONTECITO Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile, Ceramic Tile
Heating Y/NYes
General for 822 E MONTECITO Avenue
Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.48
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsPainted, Stucco, Block
CoolingElectric
CountyMaricopa
DirectionsNorth on 7th Street to Montecito, East on Montecito to property on left.
DisclosuresSeller Prop Disc Stm
ElectricAPS
Electric Expense554.0
Elementary School DistrictOsborn Elementary District
Fuel Expense0.0
Garage Y/NNo
Gross Income59211.6
HeatingForced Air, Natural Gas
High School DistrictPhoenix Union High School District
Insurance Expense2600.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MaintenanceExpense0.0
MobileHomeRemainsYNNo
Net Operating Income49256.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
New Financing: FHATrue
New Financing: VATrue
Number Of Units Total4
Occupancy TypeTenant
Open Parking Spaces0.0
Operating Expense11132.0
OwnerPaysTrash Collection, Water, Sewer
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition, Built-Up
Security FeaturesFire Sprinklers
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameCAROLYN PLACE LOT 1-9 46-54
Tax Annual Amount3178.0
Tax Lot39
Tax Year2025
Township2N
Trash Expense0.0
Water Sewer Expense4800.0
Year Built1958
ZoningR3 MF MD
Exterior for 822 E MONTECITO Avenue
Covered Spaces4.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions85' x 110'
Number of Buildings2
Parking FeaturesAssigned, 1 Space/Unit, Carport
Road Surface TypeAsphalt
SpaNo
Total Parking4.0
Water SourceCity Franchise
Additional Details
Price History
