1708 E Verde Lane Phoenix, AZ 85016
Listing Courtesy of: Arizona Regional MLS / eXp Realty

  1708 E Verde Lane Phoenix, AZ 85016

Active (79 Days)

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.

MLS #:
6817836
Taxes
$3,854
Type
Multifamily
Year Built
1950
County
Maricopa County

Listed By

Natalia Yalin, eXp Realty
Source
Arizona Regional MLS
Last checked Apr 28 2025 at 4:50 PM MST
Bathroom Details
Heating and Cooling
  • Window/Wall Unit(s)
  • Electric
  • Window/Wall Unit
Flooring
  • Carpet
  • Ceramic Tile
Exterior Features
  • Wood Frame
  • Stucco
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: Larry C Kennedy School
  • Middle School: Larry C Kennedy School
  • High School: Camelback High School
Garage
  • Garage
Parking
  • Free
  • On Street
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
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Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listing Data Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 4/28/25 09:50.