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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$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

Property Amenities

Interior
Appliances Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave
Flooring Ceramic Tile, Vinyl
Area & Lot
MLS® ID 6875080
Year Built 1981
School District Paradise Valley Unified District
Type Multi-Family
Status Sold
Exterior
Air conditioning Central Air, Ceiling Fan(s)
Heat type Electric
Water Source City Franchise
Sewer Public Sewer
Parking Paved, Carport
Roof Composition
Finance
Sales Price $810,000
Real Estate Tax $1,817 yearly

North Phoenix

Work With Us

The Valley Leaders epitomizes integrity, exemplary customer service, and strong negotiation skills with every detail of your real estate transaction. Our team is a very hard-working and driven professional. Don't hesitate to reach out today!