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About This Home
This 14-bedroom, 0-bathroom residential multi family at 1605 E MONTEBELLO Avenue in Phoenix, AZ is listed for $2,500,000. Built in 1961, on a N/A lot.
Exceptional opportunity to acquire a fully remodeled 9-unit multifamily asset in one of Phoenix's most desirable rental corridors. Located just minutes from the Biltmore area, this stabilized property offers immediate cash flow with 100% occupancy and strong long-term appreciation upside.
Each unit has been thoughtfully renovated, appealing to today's renter demand while minimizing future capital expenditures. The property is professionally maintained and positioned in a high-demand submarket with consistent rental growth. This is a rare chance to own a turnkey, stabilized multifamily property in a core Phoenix location with strong demographics and proven rental demand. Ideal for investors seeking a low-maintenance asset in a premier submarket.
Key Features
- Built in 1961
Property Details
Amenities
Monthly Cost Estimate
$13,371/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1605 E MONTEBELLO Avenue
Phoenix, AZ 85016
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 14-bedroom, 0-bathroom residential multi family at 1605 E MONTEBELLO Avenue is listed at $2,500,000. The estimated monthly payment is $10,833 based on 20% down at 6.5% interest.
Key features include: Built in 1961.
This property is listed by Silvia Del Toro Ochoa and can be reached at 6237603742 or silviadeltoro.me@gmail.com.