2625 N 40TH Drive Active Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85009
Key Details
Property Type Single Family Home
Sub Type Single Family - Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,700 sqft
Price per Sqft $273
Subdivision Encanto Village 2
MLS Listing ID 6791376
Style Ranch
Bedrooms 5
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1959
Annual Tax Amount $1,759
Tax Year 2024
Lot Size 6,582 Sqft
Acres 0.15
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!
Location
State AZ
County Maricopa
Community Encanto Village 2
Rooms
Den/Bedroom Plus 5
Separate Den/Office N
Interior
Interior Features Full Bth Master Bdrm,High Speed Internet,Granite Counters
Heating Mini Split,Natural Gas
Cooling Refrigeration,Ceiling Fan(s)
Flooring Tile
Fireplaces Number No Fireplace
Fireplaces Type None
Fireplace No
Window Features Dual Pane,Low-E
SPA None
Laundry WshrDry HookUp Only
Exterior
Parking Features RV Gate
Fence Block,Chain Link,Wood
Pool None
Amenities Available None
Roof Type Composition
Private Pool No
Building
Lot Description Dirt Front,Dirt Back
Story 1
Builder Name NA
Sewer Sewer in & Cnctd,Public Sewer
Water City Water
Architectural Style Ranch
New Construction No
Schools
Middle Schools Isaac Middle School
High Schools Maryvale High School
School District Phoenix Union High School District
Others
HOA Fee Include No Fees
Senior Community No
Tax ID 108-31-146
Ownership Fee Simple
Acceptable Financing Conventional,FHA,VA Loan
Horse Property N
Listing Terms Conventional,FHA,VA Loan
Special Listing Condition Owner/Agent