2832 E Monte Cristo Avenue, Phoenix, AZ 85032

$650,000

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Sold Price
$650,000
List Price
$650,000
Status
CLOSED
Days on Market
127
Closing Date
Feb 21, 2024
MLS#
6623278
Subtype
Multiple Dwellings
Year Built
1982
Subdivision
Greenway Manor

Property Description

Don't miss this opportunity!! Value add 4plex in North Central Phoenix! Tenants are month to month! New owner will achieve immediate income increase by doing a refresh of the interiors. 1982 constructed building with an incredible unit mix: One - 3 bed / 3 bath, Two 2 bed / 2 bath units and one 1 bed / 1 bath. The residents love the huge interiors with modern layouts and in-unit full size washer/dryer. Tenants pay their individually metered electric / cable (no gas), while landlord just pays the HOA dues (includes: water, sewer, trash, common area, and the pool). Each building in the community has 4 covered parking spaces and additional uncovered spaces. *Update-HOA just installed submeters for water/sewer billing direct to tenants!! Painting all walls and buildings is underway!!

Additional Information

Taxes
$1,341
Zoning
Multi Family
Flooring
Carpet, Ceramic Tile
Heating
Individual, Heat Pump, Electric
Air Conditioning
Ceiling Fan(s), Electric, Heat Pump, Individual
Exterior Construction
Wood Frame, Painted, Stucco
Parking Features
Carport
School District
Paradise Valley Unified District
Elementary School
Palomino Primary School
Middle School
Greenway Middle School
High School
Greenway High School

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Richard Horst (480-353-0394) from Listing Office: Keller Williams Arizona Realty.

Selling Office: Realty ONE Group.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.