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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$ 895,000
Est. payment | /mo

5 Beds

5 Baths

2,462 SqFt


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$ 895,000
Est. payment | /mo
Save

5 Beds

5 Baths

2,462 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family - Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,462 sqft

Price per Sqft $363

Subdivision Gardendale Add.

MLS Listing ID 6746455

Style Other (See Remarks)

Bedrooms 5

HOA Y/N No

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1950

Annual Tax Amount $3,364

Tax Year 2023

Lot Size 8,215 Sqft

Acres 0.19

Property Description

For investors seeking an IMMEDIATE INCOME generation with no additional investment required! 2023 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 + shed 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.

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.

Rooms

Other Rooms Guest Qtrs-Sep Entrn, Separate Workshop, Great Room

Guest Accommodations 180.0

Master Bedroom Split

Den/Bedroom Plus 5

Separate Den/Office N

Interior

Interior Features Eat-in Kitchen, Breakfast Bar, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, High Speed Internet

Heating Mini Split, Electric

Cooling Refrigeration, Wall/Window Unit(s), Ceiling Fan(s)

Flooring Carpet, Laminate, Tile

Fireplaces Number 1 Fireplace

Fireplaces Type 1 Fireplace

Fireplace Yes

Window Features Dual Pane

SPA None

Exterior

Exterior Feature Covered Patio(s), Patio, Storage, Built-in Barbecue, Separate Guest House

Parking Features Tandem

Garage Spaces 2.0

Garage Description 2.0

Fence Block, Chain Link

Pool None

Amenities Available None

Roof Type Composition

Private Pool No

Building

Lot Description Natural Desert Back, Gravel/Stone Front

Story 1

Builder Name unknown

Sewer Public Sewer

Water City Water

Architectural Style Other (See Remarks)

Structure Type Covered Patio(s),Patio,Storage,Built-in Barbecue, Separate Guest House

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

HOA Fee Include No Fees

Senior Community No

Tax ID 119-33-040

Ownership Fee Simple

Acceptable Financing Conventional, FHA, VA Loan

Horse Property N

Listing Terms Conventional, FHA, VA Loan

Arizona Regional MLS (ARMLS)
Listed by eXp Realty
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1708 E VERDE Lane