Active

2625 N 40TH Drive

Phoenix AZ, 85009

$465,000


$273.53 per sqft

Active

5 Beds

3 Baths

1,700 sqft

Residential

Built in 1959

MULTI SPACE LIVING OPPORTUNITY - A RARE FIND! This property offers incredible versatility with a main home and two additional units, all featuring private entrances. Perfect for homeowners looking to offset their mortgage with rental income or investors seeking an income-generating opportunity, this home provides options to fit any lifestyle. This property has been thoughtfully designed and remodeled with quality and longevity in mind. From new appliances and modern finishes to structural upgrades like plumbing and electrical systems, every detail has been done right. KEY UPGRADES: *New upgraded 200-amp electrical panel with each unit on its own circuit. *New gas meter and plumbing throughout *Freshly installed quartz countertops, sinks, and faucet *New Tankless Gas Hot Water Heater Key Upgrades Continued:
* Newer roof
* Newer AC Unit
* Low E Dual Pane Windows in some units.
* Shared laundry for tenant convenience
* New mini-split in Unit 3 for comfort
* Termite treatment completed with a 1-year warranty
* New concrete pathways and driveway, providing additional
parking
* Freshly painted throughout
Main House Features:
* 3 Bedrooms, 1 Bathroom
* Completely remodeled with updated kitchen, bathroom, and living spaces
Unit 2 & Unit 3 Features:
* 1 Bedroom, 1 Bathroom each
* Fully equipped kitchens with brand-new appliances.
* Private entrances for enhanced privacy
Located in a popular area, this rare property offers exceptional potential for buyers looking for a multi-family option or investors ready to maximize rental income. Don't miss this incredible opportunity!

6791376

MLS ID

December 5, 2024

Listed

December 5, 2024

Updated

Map

2625 N 40TH Drive
Phoenix AZ, 85009

Interior Features

Total Stories

1


Bedrooms

5


Total Bathrooms

3


Interior Features

Full Bth Master Bdrm, High Speed Internet, Granite Counters


Floor Description

Tile


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Refrigeration, Ceiling Fan(s)


Heating

Yes


Heating Description

Mini Split, Natural Gas

Exterior/Building Features

Lot Size

0.15 Acres


Lot Features

Dirt Front, Dirt Back


Architectual Style

Ranch


Roof

Composition


Sewer

Sewer in Cnctd, Public Sewer

School Information

School District

Isaac Elementary District


High School

Maryvale High School

Other Property Details

Taxes

$1,759


Tax Frequency

Annually


Association Amenities

None


Garage

No


Parking

RV Gate


View

Yes


County

Maricopa


Water Source

City Water


Pool

No


Pool Features

None

Courtesy of HomeSmart

Listing Contact: 480-282-2619 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Elevate Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 11:48 PM UTC, 12/5/2024.

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