Phoenix, AZ 85016,1708 E VERDE Lane
Phoenix, AZ 85016,1708 E VERDE Lane
Phoenix, AZ 85016,1708 E VERDE Lane
Phoenix, AZ 85016,1708 E VERDE Lane
Phoenix, AZ 85016,1708 E VERDE Lane
Phoenix, AZ 85016,1708 E VERDE Lane
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$ 897,000
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$ 897,000
Est. payment | /mo
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Gardendale Add.

MLS Listing ID 6756345

Maintenance Fees $31,975

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1950

Annual Tax Amount $3,364

Tax Year 2023

Lot Dimensions 8215

Property Description

For investors seeking an IMMEDIATE INCOME generation with no additional investment required! Possible to enter with 5% DOWN! 2023 average occupancy rate 93%. Current Airbnb rating 4.85 out of 5. CAP RATE 9.64%. Meticulously RENOVATED 5-UNIT Short-Term Rental in Central Phoenix! Comes with over $5,000 in Bookings! Nestled in one of Phoenix's most DESIRABLE LOCATIONS with immediate access to HWY-51, 2 min drive to Phoenix Children's Hospital, 8 min drive to Biltmore Fashion Park, top-rated dining, and vibrant nightlife. This rental is a top choice of traveling nurses! Each unit is designed to provide guests with comfort and style, ensuring HIGH OCCUPANCY RATES. Every unit features a modern Kitchen, Bath, and separate Private Access. A well-maintained shared outdoor space with seating, hammock, fire pit and BBQ facilities creates an inviting atmosphere for relaxation. Convenient laundry facility w/washer & dryer is available for guest use.

Location

State AZ

County Maricopa

Community Gardendale Add.

Zoning R1-6

Direction Get on AZ-202/AZ-202 Loop W. Drive from AZ-101 Loop N and AZ-202 to Phoenix. Take exit 2 from AZ-51 N toward Thomas Rd. Turn right onto N 18th St. Turn left onto E Verde Ln.

Interior

Heating Electric

Cooling Electric

Flooring Carpet, Ceramic Tile

Appliance BI Oven/Range, Microwave, Washer/Dryer

Exterior

Garage Free, Street Parking

Community Features No Pool

Waterfront No

Roof Type Composition

Parking Type Free, Street Parking

Total Parking Spaces 4

Garage Yes

Building

Sewer Public Sewer

Water See Remarks

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 119-33-040

Acceptable Financing No Carry, Conventional, FHA, VA Loan

Listing Terms No Carry, Conventional, FHA, VA Loan

Arizona Regional MLS (ARMLS)
Listed by eXp Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(602) 999-2965

jason@axisre.com

727 E Bethany Home Rd D-222, Phoenix, AZ, 85014, United States

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1708 E VERDE Lane