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
Year Built 1950
Annual Tax Amount $3,853
Tax Year 2024
Property Description
For investors seeking an IMMEDIATE INCOME generation with no additional investment required! 2024 average occupancy rate 93%. Current Airbnb rating 4.85 out of 5. CAP RATE 9.64%!!!
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
Interior
Heating Window/Wall Unit(s),Electric
Cooling Window/Wall Unit,Electric
Flooring Carpet,Ceramic Tile
Exterior
Parking Features Free,On Street
Community Features No Pool
Roof Type Composition
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
Acceptable Financing No Carry,Conventional,FHA,VA Loan
Listing Terms No Carry,Conventional,FHA,VA Loan