Cody Ramirez

Cody Ramirez

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Active
$465,000($253,712 down)$1,399 /mo

2625 N 40th Drive, Phoenix, AZ 85009

5 Bed ·3 Bath ·1700 Sqft
PITI Monthly
$1,712.32 /mo

Listing courtesy of: Elessa Freelingos, HomeSmart

Assumed Rate

6.92%
7.52%

Principal & Interest

$1,399 /mo
$1,485 /mo

What's Special

INVESTORS
REMODELED
MODERN
RENTAL INCOME

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!

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Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Mini Split, Natural Gas
Features
  • Materials: Painted, Stucco, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Block, Chain Link, Wood
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: Sewer in & Cnctd, Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Stucco, Block
  • Roof: Composition
Condition
  • Year Built: 1959
Details
  • Builder: NA

Community & HOA

Community
  • Subdivision: Encanto Village 2
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $273.53
  • Tax Annual Amount: $1759
  • On Market Date: 2024-12-05T22:50:05.000Z

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MLS ID: 6791376

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-12-05T23:55:59.000Z

© , Arizona Regional Multiple Listing Service (ARMLS). All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Real estate listings held by brokerage firms other than agent name are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

6.92%
7.52%

Principal & Interest

$1,399 /mo
$1,485 /mo
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UME Realty Group
Agent/Broker
Cody RamirezUME Realty Group+14805991734cody@umerealtygroup.comMLS SA690269000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than UME Realty Group are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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