2625 N 40TH Drive, Phoenix, AZ 85009
$465,000
Property Type:
Residential
Bedrooms:
5
Baths:
3
Square Footage:
1,700
Lot Size (sq. ft.):
6,582
Status:
Active
Current Price:
$465,000
Last Modified:
6/19/2025
Description
This property offers incredible versatility with a main home and two additional units, all featuring private entrances. Perfect for investors looking for maximum rental income. 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.
Supplements: 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!
More Information MLS# 6863423
Contract Information
List Price: $465,000
Status: Active
Current Price: $465,000
List Date: 2025-05-08
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 2625
Compass: N
Street Name: 40TH
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85009
Zip4: 1124
County Code: Maricopa
Assessor Number: 108-31-146
Subdivision: ENCANTO VILLAGE 2
Tax Year: 2024
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 5
# Bathrooms: 3
Approx SQFT: 1700
Price/SqFt: 273.53
Horses: N
Builder Name: NA
Year Built: 1959
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 6582
Approx Lot Acres: 0.151
Pool: None
Elementary School District: Isaac Elementary District
High School District: Phoenix Union High School District
Elementary School: Isaac Online Prep Academy
Jr. High School: Isaac Middle School
High School: Maryvale High School
Remarks Misc
Cross Street: 43rd & Thomas
Geo Lat: 33.477775
Geo Lon: -112.146243
Legal Info
Township: 2N
Range: 2E
Section: 34
Lot Number: 326
Basement
Basement Y/N: N
Items Updated
Floor Yr Updated: 2024
Floor Partial/Full: Partial
Wiring Yr Updated: 2024
Wiring Partial/Full: Partial
Plmbg Yr Updated: 2024
Plmbg Partial/Full: Partial
Ht/Cool Yr Updated: 2024
Ht/Cool Partial/Full: Partial
Kitchen Yr Updated: 2024
Kitchen Partial/Full: Partial
Bath(s) Yr Updated: 2024
Bath(s) Partial/Full: Partial
Parking Spaces
Slab Parking Spaces: 3
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Special Listing Cond: Owner/Agent
Architecture: Ranch
Master Bathroom: Full Bth Master Bdrm
Additional Bedroom: 2 Master Bedrooms
Fireplace Features: No Fireplace
Flooring: Tile
Windows: Dual Pane; Low-Emissivity Windows
Pool Features: No Pool
Spa: None
Dining Area: Formal
Kitchen Features: Range/Oven Elec; Range/Oven Gas; Disposal; Built-in Microwave; Refrigerator; Granite Counters
Laundry: Washer Included; Dryer Included
Technology: Cable TV Avail; High Speed Internet
Parking Features: RV Gate
Road Responsibility: City Maintained Road
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Cooling: Central Air; Ceiling Fan(s); Mini Split
Heating: Natural Gas
Plumbing: Dual Flush Toilet; Gas Hot Wtr – Tnklss
Utilities: SRP; SW Gas
Water Source: City Water
Sewer: Sewer - Public; Sewer in & Cnctd
Services: City Services
Fencing: Block; Wood; Chain Link
Landscaping: Dirt Front; Dirt Back
Showing Notification Methods: Text; Phone Call
Lockbox Type: Supra
Possession: Close of Escrow
Unit Style: All on One Level
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Trms: Non Assumable
New Financing: Cash; VA; FHA; Conventional
Disclosures: None
Listing Office: HomeSmart
Last Updated: June - 19 - 2025
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