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Montecito is a 4-unit apartment community located in the Midtown Phoenix Submarket. Built in 1955, the asset has been extensively renovated over the past few years and features (3) 2+1 units and (1) 1+1 unit . Current ownership has successfully run short-term rentals on 3 of the 4 units through Air BnB. New ownership will have the opportunity to take over the 3 units furnished and continue the current operation or run as a traditional apartment building. Significant capital is being invested in the immediate area with the addition of Fate Brewery and several new townhome developments around the corner. The property also sits in close proximity to Carl T Hayden VA Hospital, Brophy & Xavier Prep Schools, and provides easy access to Midtown & Downtown Phoenix. CONTACT AGENT FOR COPY OF OMPROPERTY FEATURES
Water Source :
City Franchise, Master Meter
Sewer Source :
Public Sewer
Electric :
APS
Community Features :
No Pool
Parking Features:
Other (See Remarks)
Cooling:
Individual
Heating :
Individual
Construction Materials:
Stucco, Block
Flooring :
Vinyl
PROPERTY DETAILS
Street Address: 720 E MONTECITO Avenue
City: Phoenix
State: Arizona
Postal Code: 85014
County: Maricopa
MLS Number: 6714468
Year Built: 1955
Courtesy of Matthews Real Estate Investment Services
City: Phoenix
State: Arizona
Postal Code: 85014
County: Maricopa
MLS Number: 6714468
Year Built: 1955
Courtesy of Matthews Real Estate Investment Services
Courtesy of Premier Haven Management Solutions, LLC