$2,600,000

3139 N 40 Th Street

  • 1 Sqft
  • Updated: June 18
  • 1
    Views for last 30 days
  • 3
  • MLS#6979920

About the Property

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 ½-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 and inviting
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 ½-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 and inviting amenities for high quality of life. True turnkey asset w/ full cosmetic remodel in 2022. Low operating expenses and 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 and 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.
  • Property type

    House

  • Price/sqft

    $5,200,000

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3139 N 40TH Street, Phoenix, Arizona, United States View on Google Maps
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Erik Kelly -

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Erik Kelly -
Arizona, United States
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2
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2024
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Erik Kelly - eXp Realty
Erik Kelly - eXp Realty
85251, Scottsdale, Arizona, United States
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Last updated
June 18
First listed
Feb 6
Listing reference
223190
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