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OverviewEstate Overview - $395,000

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1819 N 40TH Street,

Phoenix, AZ 85008

10-units available for sale as a package (bulk condos), inside Papago Springs Condominium located in Phoenix.Located on N 40th Street, north of McDowell Road, and south of Thomas Road, near the Loop 202 & SR-51 Freeways, Phoenix Mountains, Camelback Corridor, Arcadia, Arizona State University, shopping, dining, and public transportation.Property is being sold ''As-Is.'' For the investor: This property offers the rare opportunity to acquire 2-bedroom condos (fully rehabbed in 2007 for conversion) with immediate opportunity to increase rents.Projected gross potential rent of $81,000, less 10% vacancy of $8,100 per year, added income of $1,500, equals $74,400 adjusted gross income.After expenses of $35,859, the pro forma net operating income is $38,541...See More

  • 0 Beds
  • 0 Baths
  • 0 Sqft
  • MultiFamily

OverviewListing Details

Status:Closed
Original Listing Price: $ 450,000
Listing Date: 08/02/2012
Days on dealty:Was on Dealty for 397 days
County:Maricopa
MLS Type:ARMLS
Built In:1972
Has HOA:Yes
Status Change Date:September 03, 2013
Pool:No
*Please Contact Lister for more information.

FeaturesProperty Features

Design
  • Property subtype: ********
  • Construction materials: Wood Frame, Painted, Stucco
  • Roof: Foam
Flooring
  • Concrete
Interior Spaces
    --
Bedrooms & Bathrooms
  • 0 - Bedrooms
  • 0 - Bathrooms
Exteriors
  • Exterior features: ,
Lot Details
    --

AmenitiesAmenities

Utilities
  • Cooling - Central Air, Individual
  • Heating - Electric
  • Water Source : City Franchise
  • Sewer Information : Public Sewer
Laundry
    --
Parking
  • Parking Features: Paved, Free, Assigned, 1 Space/Unit
  • Garage Spaces: 0
  • Covered Spaces: 0
  • Parking Spaces: 10

HOAHOA & Financial

Primary HOA
  • Association Name: ********
  • Association Fee: $********
  • Association Fee Frequency: ********
  • Association Phone: ********
Second HOA
  • Association Name: ********
  • Association Fee: $********
  • Association Fee Frequency: ********
  • Association Phone: ********
Third HOA
    No

OverviewOpen House

* There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

Schools & Neighborhood

Schools
  • Balsz Elementary District
  • Camelback High School
  • Griffith Elementary School
  • Phoenix Union High School District
Neighborhood
  • Papago Springs Condominium

NeighborhoodExplore The Area

Similar HomesSimilar Homes

AgentListing Agent

Agent
Natan Jacobs

(Vestis Group)

MLS # 4798006

1819 N 40TH Street

Phoenix, AZ 85008

$395,000
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FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/1819-n-40th-street-phoenix-az-85008
Year Built
1972
Garage
10

10-units available for sale as a package (bulk condos), inside Papago Springs Condominium located in Phoenix. Located on N 40th Street, north of McDowell Road, and south of Thomas Road, near the Loop 202 & SR-51 Freeways, Phoenix Mountains, Camelback Corridor, Arcadia, Arizona State University, shopping, dining, and public transportation. Property is being sold ''As-Is.'' For the investor: This property offers the rare opportunity to acquire 2-bedroom condos (fully rehabbed in 2007 for conversio...(Visit the link to Get more info)

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Multiple Listing Service of ARMLS

All information should be independently verified by the recipient, and no representation is made by ARMLS as to its accuracy.