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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Paul Anderson

Paul Anderson

+1(480) 900-9140

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Gardendale Add.

MLS Listing ID 6817836

Maintenance Fees $31,975

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1950

Annual Tax Amount $3,853

Tax Year 2024

Lot Dimensions 8215

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

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 Window/Wall Unit(s), Electric

Cooling Window/Wall Unit, Electric

Flooring Carpet, Ceramic Tile

Appliance Built-In Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer

Exterior

Parking Features Free, On Street

Community Features No Pool

Roof Type Composition

Total Parking Spaces 4

Garage Yes

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

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 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by eXp Realty

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agent

Paul Anderson

Agent | SASA681201000

+1(480) 900-9140

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