$895,000
Active
53 Days Online
6 Beds6 Baths2,462.7 SQFT
Active

1708 E Verde Lane Phoenix, AZ 85016

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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 TypeSingle Family Home
  • NeighborhoodGardendale Add.
  • CountyMaricopa
  • Taxes$3,364
  • HOA/Condo/Coop Fees$0
  • Days on Site53 Days
  • MLS StatusActive
  • MLS ID Number6746455
  • Home Size Source Appraiser
  • Year Built1950
  • Lot Size0.19 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Other ( See Remarks)
  • Parking Tandem
  • Sewer Public Sewer
  • Number of Stories 1
  • Acreage 0.19
  • Cross Street N 16TH ST & E THOMAS RD
  • Property Sub Type Single Family Residence
  • Garage Spaces 2
  • Attached Garage No

Interior Features

  • # of Interior Levels 1
  • Cooling RefrigerationWall/ Window Unit(s)Ceiling Fan(s)
  • Heating Mini SplitElectric
  • Flooring CarpetLaminateTile
  • Interior Eat-in KitchenBreakfast BarNo Interior StepsKitchen IslandPantryFull Bth Master BdrmHigh Speed Internet
  • Fireplace Features 1 Fireplace
  • Window Features Dual Pane
  • Fireplace Yes

Exterior Features

  • Roof Composition
  • Fencing BlockChain Link
  • Spa No
  • Pool Features None
  • Spa Features None
  • Exterior Covered Patio(s)PatioStorageBuilt-in Barbecue
  • Lot Natural Desert BackGravel/ Stone Front
  • Other Structures Guest House

Community Features

  • Horse Property No
  • Association Amenities None
  • Township 2N

Schools

School District
Creighton Elementary District
Elementary School
Larry C Kennedy School
Middle School
Larry C Kennedy School
High School
Camelback High School

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Monthly Payment (Est.)

$4,441
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