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.