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$895,000
1708 E VERDE Lane, Phoenix, AZ 85016
bedrooms
bedrooms
5
bathrooms
bathrooms
5
square feet
square feet
2,462
acreage
Acreage
0.19
open houses
Open Houses
-
year built
year built
1950
full baths
Full Baths
5
half baths
Half Baths
0
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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 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.
Location
Subdivision Gardendale Add.
County Maricopa
Elementary School Larry C Kennedy School
Middle School Larry C Kennedy School
High School Camelback High School
driving directions Driving directions
open houses Open houses
None scheduled.
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MLS number: 6746455
Listing agent: Natalia Yalin
Listing broker: Exp Realty, Llc (602) 525-3224
Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, January 15 2025 at 12:58 a.m. EST
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