$895,000
6 Beds
6 Baths
2,462.70 SqFt
0.19 Acre Lot
8,215 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 1950
Neighborhood Gardendale Add.
Days on Website 34

Property Map

$895,000 – 1708 E Verde Lane, Phoenix, AZ 85016

Street View

Courtesy of eXp Realty {attribution_contact}

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 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.

Property Details and Features

Bathrooms

  • 6 total decimal bathrooms
  • 6 total bathrooms

Bedrooms

  • 6 total bedrooms

Building

  • Built in 1950
  • Architectural style: “Other (See Remarks)”
  • Living area: 2462.7
  • Construction materials: “Painted”, “Siding”, “Frame – Wood”
  • Other structures: “Guest House”

Cooling

  • “Refrigeration”
  • “Wall/Window Unit(s)”
  • “Ceiling Fan(s)”

Exterior Features

  • “Covered Patio(s)”
  • “Patio”
  • “Storage”
  • “Built-in Barbecue”

Fence

  • “Block”
  • “Chain Link”

Fireplaces

  • “1 Fireplace”

Floors

  • “Carpet”
  • “Laminate”
  • “Tile”

Garage

  • 2 spaces

Heating

  • “Mini Split”
  • “Electric”

Home Owner’s Association

  • Association fee includes: “No Fees”

Interior Features

  • “Eat-in Kitchen”
  • “Breakfast Bar”
  • “No Interior Steps”
  • “Kitchen Island”
  • “Pantry”
  • “Full Bth Master Bdrm”
  • “High Speed Internet”

Listing

  • Listing ID: 6746455
  • Standard status: Active
  • 22 days on market

Location

  • Subdivision name: GARDENDALE ADD.

Lot

  • 0.19 acres
  • 8,215 sqft
  • “Natural Desert Back”
  • “Gravel/Stone Front”

Parking

  • “Tandem”

Pool

  • “None”

Possession

  • “Close Of Escrow”

Roof

  • “Composition”

Schools

  • Elementary school: Larry C Kennedy School
  • High school: Camelback High School
  • High school district: Phoenix Union High School District

Sewer

  • “Public Sewer”

Taxes

  • Annual amount: $3,364
  • Lot: 12

Windows

  • “Dual Pane”

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This content last updated on September 25, 2024 12:21AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.