2625 N 40th Drive Phoenix, 85009
Bedrooms:
5
Bathrooms:
3
Square Feet:
1,700 sqft
For Sale
Virtual Tour of 2625 N 40th Drive , Phoenix 85009
Property Description
MULTI SPACE LIVING OPPORTUNITY - A RARE FIND! This property offers incredible versatility with a main home and two additional units, all featuring private entrances. Perfect for homeowners looking to offset their mortgage with rental income or investors seeking an income-generating opportunity, this home provides options to fit any lifestyle. This property has been thoughtfully designed and remodeled with quality and longevity in mind. From new appliances and modern finishes to structural upgrades like plumbing and electrical systems, every detail has been done right. KEY UPGRADES: *New upgraded 200-amp electrical panel with each unit on its own circuit. *New gas meter and plumbing throughout *Freshly installed quartz countertops, sinks, and faucet *New Tankless Gas Hot Water Heater Key Upgrades Continued:
* Newer roof
* Newer AC Unit
* Low E Dual Pane Windows in some units.
* Shared laundry for tenant convenience
* New mini-split in Unit 3 for comfort
* Termite treatment completed with a 1-year warranty
* New concrete pathways and driveway, providing additional
parking
* Freshly painted throughout
Main House Features:
* 3 Bedrooms, 1 Bathroom
* Completely remodeled with updated kitchen, bathroom, and living spaces
Unit 2 & Unit 3 Features:
* 1 Bedroom, 1 Bathroom each
* Fully equipped kitchens with brand-new appliances.
* Private entrances for enhanced privacy
Located in a popular area, this rare property offers exceptional potential for buyers looking for a multi-family option or investors ready to maximize rental income. Don't miss this incredible opportunity!
General Information
Price:
$465,000
Status:
Active
Listing Updated:
12/5/2024
List Date:
12/5/2024
Close Date
Square Feet:
1,700
Bedrooms:
5
Bathrooms:
3
Garage Spaces:
0.00
Year Built:
1959
Builder Name:
Na
Subdivision:
Encanto Village 2
City:
Phoenix
Zip:
85009
County:
Maricopa
HOA Y/N:
No
HOA Fee:
$0
HOA Paid Frequency:
HOA Transfer Fee:
Taxes:
$1,759
Tax Year:
2024
MLS ID:
6791376
Listing Attribution:
HomeSmart
Property Features
Interior Features
Full Bth Master Bdrm, High Speed Internet, Granite Counters
Exterior Features
Flooring
Tile
Laundry
Fireplace Features
None
Cooling
Refrigeration, Ceiling Fan(s)
Heating
Mini Split, Natural Gas
Utilities
Pool
None
Spa
None
Construction Finish
Painted, Stucco, Block
Roofing
Composition
Water
City Water
Sewage
Sewer in & Cnctd, Public Sewer
Fencing
Block, Chain Link, Wood
School Information
High School:
Maryvale High School
High School District:
Phoenix Union High School District
Middle School:
Isaac Middle School
Elementary School:
Elementary School District:
Isaac Elementary District
Community Information
Subdivision:
Encanto Village 2
Lot Information
Lot Size (sq feet):
6,582
Lot Features:
Dirt Front, Dirt Back
Fencing:
Block, Chain Link, Wood
Location Information
What's Nearby? : 2625 N 40th Drive Phoenix, 85009
Current Market Comparison
Subject
Active
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles
Subject Property
2625 N 40th Drive Phoenix AZ 85009
Property Type:
Single Family - Detached
Bedrooms:
5
Bathrooms:
3
Interior SqFt:
1700
Interior Stories:
1
Year Built:
1959
22 Closed Properties
Lowest Price: $222,000
Median Price: $369,450
Highest Price: $425,000
Address
Distance/Miles
Closed Price
Details
22 Active Properties
Lowest Price: $275,000
Median Price: $365,000
Highest Price: $480,000
Address
Distance/Miles
Active Price
Details