$860,000
$885,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
2727 E MONTECITO Avenue Phoenix, AZ 85016
Key Details
Sold Price $860,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Brown Terrace
MLS Listing ID 6987955
Sold Date 07/10/26
Maintenance Fees $719
Year Built 1959
Annual Tax Amount $2,389
Tax Year 2025
Lot Dimensions 8476
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Rare turn-key mid-century modern triplex in the heart of the Biltmore corridor within a lush desert landscape setting. Gated, walled courtyard creates sanctuary for this compound featuring two 2-bed/2-bath units and one spacious 1-bed/1-bath unit with delightful wood flooring. Unit 1 features a private large patio Enclosed 3-car garage with assigned spaces and private storage, plus shared on-site laundry. Owner pays water/sewer; tenants pay electric. Recent capital improvements and transferable termite warranty. Proximity to Sprouts, Starbucks, dining and breweries. Boutique multifamily asset in one of Phoenix's strongest rental corridors with long-term appreciation appeal.
Location
State AZ
County Maricopa
Community Brown Terrace
Area Maricopa
Zoning multi
Direction Head north on N 28th Street (0.3 mi). Head west onto E Montecito Avenue (240 ft). Property is on south side of street.
Interior
Heating Individual, 2 or More Units, Electric
Cooling Electric, Individual, 2 or More Units
Flooring Ceramic Tile
Appliance Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Parking Features 1 Space/Unit
Community Features Barbecue, No Pool
Roof Type Composition
Garage Yes
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Madison Camelview Elementary
Middle Schools Madison Park School
High Schools Camelback High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 163-08-070
Acceptable Financing No Carry, Conventional
Disclosures Seller Prop Disc Stm
Listing Terms No Carry, Conventional
Financing Conventional
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