1708 E VERDE Lane Active Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85016
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Gardendale Add.
MLS Listing ID 6817836
Maintenance Fees $31,975
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1950
Annual Tax Amount $3,853
Tax Year 2024
Lot Dimensions 8215
Property Description
For investors seeking an IMMEDIATE INCOME generation with no additional investment required! Comes with over $5,000 in Bookings! 2024 average occupancy rate 93%. Current Airbnb rating 4.85 out of 5. CAP RATE 9.64%!!!
Possible to enter with 5% DOWN!
Meticulously RENOVATED 4-UNIT main house + shed in Central Phoenix! 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 Window/Wall Unit(s),Electric
Cooling Window/Wall Unit,Electric
Flooring Carpet,Ceramic Tile
Appliance BI Oven/Range,Microwave,Washer/Dryer
Exterior
Parking Features Free,Street Parking
Community Features No Pool
Roof Type Composition
Total Parking Spaces 4
Garage Yes
Building
Sewer Public Sewer
Water See Remarks
New Construction No
Schools
Elementary Schools Larry C Kennedy School
Middle Schools Larry C Kennedy School
High Schools Camelback High School
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