Refine Search

3139 N 40th Street, Phoenix, AZ 85018

$2,600,000
  • 3139 N 40th Street, Phoenix, AZ 85018 Main Photo

16 Total Photos [Click to View All]

Active
BEDS0 BATHS MLS#6979920
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPALO ALTO PARK SCHOOLPhoenix Union High School District

Property Description

Rare investment opportunity in Arcadia Lite! Flexible 5-unit residential compound ideal for residential assisted living, adult care, sober living, transitional housing, or premium rental income with high ROI! Nearly ½-acre property w/ 3BR/2BA single-family+ 4-plex w/ 1BR/1BA units, each w/ private yard! Excellent setup for assisted living or adult care model w/ multiple living spaces & inviting amenities for high quality of life. True turnkey asset w/ full cosmetic remodel in 2022. Low operating expenses & no major capital outlay required to create immediate revenue opportunity. Desirable outdoor living w/ pool, hot tubs, bocce ball and lots of green space. Block wall perimeter with controlled access for privacy & security. Expanded income options w/ minimal modifications too! remodel completed in 2022 makes this a true turnkey asset, reducing near-term capital expenses and positioning the property for immediate operation. The grounds are designed for lifestyle and engagementan important value driver for both premium rentals and care-related housingfeaturing putt-putt golf and bocce ball. A private pool is secured and closed off exclusively to the main home, adding an additional amenity layer and operational flexibility.Block walls around the perimeter provide exceptional privacy and a secure, enclosed environmentideal for resident comfort, quiet enjoyment, and controlled access.

3139 N 40th Street | MLS# 6979920

This multi-family property located at 3139 N 40th Street, Phoenix, AZ 85018 is currently listed for sale with an asking price of $2,600,000. N 40th Street is located within the Phoenix Union High School District school district. Search Phoenix real estate on www.arizonabest.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Electric
Heating: Electric
Roof Type: Tile, Composition, Foam
Taxes: $2,239
Year Built: 1955

Feature Descriptions

Community Features: Pool, Other, See Remarks
Days on Site: 112
Exterior: Block, Adobe, Painted, Brick Veneer
Flooring: Ceramic Tile
Parking: <1 Space Per Unit
Swimming Pool: Yes
Water: Master Meter, City Franchise

Local Schools

School District: Phoenix Union High School District

Listed By / Shown By

Listed By

Agency Name: eXp Realty
Agency Phone: 888-897-7821

Shown By

Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711

IDX logo

Estimate Your Payment

Estimated Payment

$ 6,731.39 per month $5,786.47 Principal & Interest $186.58 Property Tax $758.33 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel