2727 E Montecito Avenue, Phoenix, AZ 85016
- $860,000
- Sold Price
- $860,000
- List Price
- $885,000
- Closing Date
- Jul 10, 2026
- Days on Market
- 103
- Status
- CLOSED
- MLS#
- 6987955
- City
- Phoenix
- Subdivision
- Brown Terrace
- Year Built
- 1959
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.
Additional Information
- Elementary School
- Madison Camelview Elementary
- High School
- Camelback High School
- Middle School
- Madison Park School
- Community Features
- No Pool, Barbecue
- Construction
- Block, Painted
- Cooling
- Electric, Varies by Unit, 2 or More Units
- Electric
- Individual Meter, SRP
- Flooring
- Ceramic Tile
- Heating
- Zoned, Electric, Varies by Unit
- New Financing
- Conventional, No Carry, Cash
- Parking Features
- 1 Space/Unit
- Roofing
- Composition
- Subdivision
- Brown Terrace
- Taxes
- $2,389
- Tax Year
- 2025
- Tenant Pays
- Electricity, Cable TV
- Units
- 3
- Water
- City Franchise
- Zoning
- multi
Courtesy of Cambridge Properties. 602-493-5100 Selling Office: HomeSmart.
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