17851 N 40th St - Multi-Family FOR SALE


Phoenix, AZ 85032- Paradise Valley North
$849,000 USD
630-779-6013
17851 N 40th St, Phoenix, AZ for Sale
$849,000 USD
Multi-Family - FOR SALE
1/9
null | 8.25% Cap Rate

17851 N 40th St
Phoenix, AZ 85032
Paradise Valley North


HIGHLIGHTS

  • Across from Paradise Valley High School
  • Great Unit Mix
  • Grossing $6,547 a month with potential rental bumps

OVERVIEW

Turnkey cash-flowing opportunity in the highly desirable Paradise Valley/Phoenix corridor! This well-maintained 4-unit garden-style complex features (3) 2 bed / 1 bath & (1) 2/2 units with solid tenant demand and upside potential. Grossing $6,547 a month. Owners pay water and bills back $65 a unit for RUBS. 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.

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$212 USD /SF

# OF UNITS

4

PRICE/UNIT

$212,250

CAP RATE

8.25%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Paradise Valley Village Area

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,807 SF

ZONING

R-3

APN/PARCEL ID

215-16-063V

ASK ABOUT THIS PROPERTY

Daniel PapinRealty One Group, Inc.More Info
630-779-6013

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Daniel PapinRealty One Group, Inc.More Info
630-779-6013

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.