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17851 N 40TH Street

$810,000
17851 N 40TH Street, Phoenix, AZ 85032
17851 N 40TH Street

17851 N 40TH Street

$810,000

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.

Features & Amenities

Interior

Flooring Ceramic Tile, Vinyl
Appliances Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave

Exterior

Water Source City Franchise
ROOF Composition
Parking Paved, Carport
Heat type Electric
Air Conditioning Central Air, Ceiling Fan(s)
Sewer Public Sewer

Area & Lot

Status Sold
MLS® ID 6875080
Type Multi-Family
Year Built 1981
Neighborhood Phoenix
School District Paradise Valley Unified District

Financial

SALES PRICE $810,000
REAL ESTATE TAXES $1,817/yr
Zoning M-M
Phoenix

Phoenix

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