AZ > Phoenix > Gardendale Add.
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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1708 E VERDE Lane Phoenix, AZ 85016

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Alexander Prewitt

Alexander Prewitt

+1(520) 237-8411

UPDATED:

10/21/2024 10:23 PM

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)

Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by eXp Realty

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Alexander Prewitt

Team Leader | License ID: SA641140000

+1(520) 237-8411

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1708 E VERDE Lane