Properties
Phoenix, AZ 85018 4525 N 40TH Street
$11,600,000
93 more
Presented By: Network Realty; 602-332-5812
Garage • 1
Home Details
8 brand new high end condos in the coveted Arcadia area known for great office, retail and restaurants. All 3 bed 3 bath 2 car garage Average about 2500 sq ft. Currently renting out for $5000/month-7000/month. Each unit has it's own private elevator.
Presented By: Network Realty; 602-332-5812
Interior Features for 4525 N 40TH Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringCeramic Tile
Heating Y/NYes
General for 4525 N 40TH Street
Additional Parcels Y/NYes
Cap Rate5.0
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsWood Frame, Stucco
CoolingCentral Air
CountyMaricopa
DirectionsSouth to Property
DisclosuresSeller Prop Disc Stm
ElectricSRP
Electric Expense0.0
Elementary School DistrictScottsdale Unified District
Fuel Expense2400.0
Garage Y/NYes
Gross Income528000.0
HeatingNatural Gas
High School DistrictScottsdale Unified District
Insurance Expense3600.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MobileHomeRemainsYNNo
Net Operating Income579600.0
New ConstructionNo
New Financing: ConventionalTrue
Number Of Units Total8
Open Parking Spaces5.0
Operating Expense96500.0
OwnerPaysTrash Collection, Water, Sewer, Landscaping
OwnershipCondominium
OwnershipCondominium
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofFoam
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameLUXE ON 40TH
Tax Annual Amount44000.0
Tax Lot5
Tax Year2022
Township2N
Trash Expense0.0
Water Sewer Expense5000.0
Year Built2023
ZoningC-N
Exterior for 4525 N 40TH Street
Covered Spaces16.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions180 x 120
Number of Buildings2
Road Surface TypeAsphalt
SpaNo
Total Parking21.0
Water SourceCity Franchise
Additional Details
Price History
