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About This Home
This 0-bedroom, 0-bathroom residential multi family at 3139 N 40TH Street in Phoenix, AZ is listed for $2,600,000. Built in 1955, on a N/A lot.
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 1/2-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.
Key Features
- Built in 1955
- Private pool
Property Details
Amenities
Monthly Cost Estimate
$13,905/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3139 N 40TH Street
Phoenix, AZ 85018
PALO ALTO PARK
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 3139 N 40TH Street is listed at $2,600,000. The estimated monthly payment is $11,267 based on 20% down at 6.5% interest.
Key features include: Built in 1955, Private pool.
This property is listed by Erik Kelly and can be reached at 4802296699 or ek@eksells.com.
