3539 E Montecito Ave. #OFC, Phoenix, AZ 85018

Diverse, lucrative, posh investment opportunity in Arcadia Lite. Located in one of the hottest neighborhoods in the Valley, this unique property features 3- 1100 ft2 units that each feel like a private cottage, perfectly situated in the heart of the city. Renters simply cannot beat the location & swoon over these well appointed homes. One unit has its own private yard & another a private patio. Benefits: Mostly renovated in 2020: Full renovation on Units 2, 3 (see pics), partial renovation on unit 1; Fully occupied, renew the yearly leases or convert property to short term vacation rentals- Tons of potential with this place! Earn a monthly income, while depreciating the asset for taxes*, while taking advantage of increasing property values in this current market. *consult your tax adviso *******Multiple offers received. Submit highest and best. Offers reviewed with seller on Saturday 4/24/21 at 12noon. Response no sooner than Saturday 9pm. Contact listing agent if writing offer- seller has language pertaining to 1031 exchange, etc. to be included Thank you.******