1708 E Verde Lane Phoenix, 85016
Bedrooms:
5
Bathrooms:
5
Square Feet:
2,463 sqft
For Sale
Virtual Tour of 1708 E Verde Lane , Phoenix 85016
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.
General Information
Price:
$895,000
Status:
Active
Listing Updated:
11/20/2024
List Date:
8/20/2024
Close Date
Square Feet:
2,463
Bedrooms:
5
Bathrooms:
5
Garage Spaces:
2.00
Year Built:
1950
Builder Name:
Unknown
Subdivision:
Gardendale Add.
City:
Phoenix
Zip:
85016
County:
Maricopa
HOA Y/N:
No
HOA Fee:
$0
HOA Paid Frequency:
HOA Transfer Fee:
Taxes:
$3,364
Tax Year:
2023
MLS ID:
6746455
Listing Attribution:
eXp Realty
Property Features
Interior Features
Eat-in Kitchen, Breakfast Bar, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, High Speed Internet
Exterior Features
Covered Patio(s), Patio, Storage, Built-in Barbecue
Flooring
Carpet, Laminate, Tile
Laundry
Fireplace Features
1 Fireplace
Cooling
Refrigeration, Wall/Window Unit(s), Ceiling Fan(s)
Heating
Mini Split, Electric
Utilities
Pool
None
Spa
None
Construction Finish
Painted, Siding, Frame - Wood
Roofing
Composition
Water
City Water
Sewage
Public Sewer
Fencing
Block, Chain Link
School Information
High School:
Camelback High School
High School District:
Phoenix Union High School District
Middle School:
Larry C Kennedy School
Elementary School:
Larry C Kennedy School
Elementary School District:
Creighton Elementary District
Community Information
Subdivision:
Gardendale Add.
Lot Information
Lot Size (sq feet):
8,215
Lot Features:
Natural Desert Back, Gravel/Stone Front
Fencing:
Block, Chain Link
Location Information
Directions:
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.
Cross Street:
N 16th St & E Thomas Rd
Map:
View on Map
What's Nearby? : 1708 E Verde Lane Phoenix, 85016
Current Market Comparison
Subject
Active
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles
Subject Property
1708 E Verde Lane Phoenix AZ 85016
Property Type:
Single Family - Detached
Bedrooms:
5
Bathrooms:
5
Interior SqFt:
2463
Interior Stories:
1
Year Built:
1950
3 Closed Properties
Lowest Price: $2,000,000
Median Price: $2,100,000
Highest Price: $2,100,000
Address
Distance/Miles
Closed Price
Details
8 Active Properties
Lowest Price: $760,000
Median Price: $1,099,500
Highest Price: $5,975,000
Address
Distance/Miles
Active Price
Details
