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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

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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
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.
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

Phoenix

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Contact Details

Apex Residential

Phone

(602) 341-5153

Email

[email protected]

Address

6263 N Scottsdale Road, Suite 115, Scottsdale, AZ 85250

Submit a Message

By providing your contact information to Apex Residential, your personal information will be processed in accordance with Apex Residential's Privacy Policy. By checking the box(es) below, you consent to receive communications regarding your real estate inquiries and related marketing and promotional updates in the manner selected by you. For SMS text messages, message frequency varies. Message and data rates may apply. You may opt out of receiving further communications from Apex Residential at any time. To opt out of receiving SMS text messages, reply STOP to unsubscribe.

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