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17851 N 40TH Street
17851 N 40TH Street
17851 N 40TH Street
17851 N 40TH Street
17851 N 40TH Street
17851 N 40TH Street
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17851 N 40TH Street
17851 N 40TH Street
17851 N 40TH Street
17851 N 40TH Street
17851 N 40TH Street
17851 N 40TH Street
Sold

17851 N 40TH Street

17851 N 40TH Street, Phoenix, AZ 85032

$810,000
$810,000

17851 N 40TH Street

Description

Turnkey cash-flowing opportunity in the highly desirable Paradise Valley/Phoenix corridor! This well-maintained 4-unit garden-style complex features all 2 bed / 1 bath units with solid tenant demand and upside potential. Grossing $6,500 a month.

Situated in the thriving 85032 ZIP code, close to major freeways, shopping, and the Paradise Valley Mall redevelopment. Whether you're a seasoned investor or new to multifamily, this 8.25% cap rate property delivers immediate returns in one of Phoenix's most active rental markets.

Looking for steady income and long-term appreciation? This is the one.

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Location

17851 N 40TH Street, Phoenix, AZ 85032

Status

Sold
Daniel Papin

Daniel Papin

Features & Amenities

Interior

  • total bedrooms0
  • Flooring Ceramic Tile, Vinyl
  • APPLIANCES Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave

Area & Lot

  • Status Sold
  • MLS® ID6875080
  • TypeMulti-Family
  • YEAR BUILT1981
  • NeighborhoodPhoenix
  • School DistrictParadise Valley Unified District

Exterior

  • water SourceCity Franchise
  • roofComposition
  • parkingPaved, Carport
  • HEAT TYPEElectric
  • AIR CONDITIONINGCentral Air, Ceiling Fan(s)
  • sewerPublic Sewer

Financial

  • Sales Price$810,000
  • Real Estate Tax $1,817/yr
  • Zoning M-M

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