1708 E Verde Lane
Phoenix, AZ 85016
- 5 beds
- 5 baths
- 2,462 sqft
- 8,215 sqft lot
- $363 per sqft
- 1950 build
- – on site
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.
Last checked:
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Last updated Feb 8, 2025
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MLS# 6746455 —
The Building
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Year Built:1950
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New Construction:No
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Construction Materials:Painted, Siding, Frame - Wood
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Architectural Style:Other (See Remarks)
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Builder Name:Unknown
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Roof:Composition
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Stories Total:1
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Basement:false
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Basement:No
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Exterior Features:Covered Patio(s), Patio, Storage, Built-in Barbecue
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Window Features:Dual Pane
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Patio And Porch Features:None
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Direction Faces:None
Interior
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Interior Features:Eat-in Kitchen, Breakfast Bar, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, High Speed Internet
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Furnished:None
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Flooring:Carpet, Laminate, Tile
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Laminate Flooring:true
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Fireplaces Total:None
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Fireplace:true
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Fireplace Features:1 Fireplace
Room Dimensions
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Living Area:2462.7
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Living Area Units:None
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Living Area Source:Appraiser
Financial & Terms
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Possession:Close Of Escrow
Location
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Latitude:33.481285
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Longitude:-112.045207
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Cross Street:N 16TH ST & E THOMAS RD
The Property
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Property Type:Residential
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Property Subtype:Single Family - Detached
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Possible Use:None
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Parcel Number:119-33-040
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Lot Features:Natural Desert Back, Gravel/Stone Front
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Lot Size Area:8215.0
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Lot Size Acres:0.19
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Lot Size SqFt:8,215 Sqft
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Lot Size Dimensions:None
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Lot Size Units:Square Feet
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Lot Size Source:Assessor
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Land Lease:false
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Road Responsibility:City Maintained Road
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Fencing:Block, Chain Link
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Horse:false
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Other Structures:Guest House
Listing Agent
- Contact info:
- Agent phone:
- (858) 729-4377
- Office phone:
- (888) 897-7821
Taxes
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Tax Year:2023
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Tax Annual Amount:3364.0
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Tax Lot:12
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Tax Block:2
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Tax Map Number:33.00
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Tax Book Number:119.00
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Tax Legal Description:GARDENDALE ADD
Beds
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Bedrooms Total:5
Baths
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Total Baths:5.0
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Total Baths:5
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Full Baths:None
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Half Baths:None
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Partial Baths:None
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Three Quarter Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
Heating & Cooling
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Heating:Electric
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Heating:No
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Cooling:No
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Cooling:Ceiling Fan(s), Mini Split, Refrigeration, Window/Wall Unit
Utilities
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Sewer:Public Sewer
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Water Source:City Water
Appliances
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Appliances:None
Schools
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Elementary School:Larry C Kennedy School
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Elementary School District:Creighton Elementary District
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Middle Or Junior School:Larry C Kennedy School
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High School:Camelback High School
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High School District:Phoenix Union High School District
The Community
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Subdivision Name:GARDENDALE ADD.
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Senior Community:No
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Association:false
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Association Amenities:None
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Association Fee Includes:No Fees
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Pool Private:false
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Pool Features:None
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Spa Features:None
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Pets Allowed:None
Parking
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Parking Total:None
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Garage:No
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Garage Spaces:2.0
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Tandem Garage:true
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Covered Spaces:2.0
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Parking Features:Tandem
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Open Parking Spaces:4.0
Extra Units
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Separate Guest House:true
Monthly cost estimate
![1708 E Verde Lane](https://images.estately.net/170_6746455_0_1731705000_636x435.jpg)
Asking price
$895,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,792
|
Taxes | $280 |
Insurance | $246 |
Utilities | $263 See report |
Total | $5,581/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/20/24
Nov 20, 2024
|
Relisted | ARMLS | $895,000 | |
11/15/24
Nov 15, 2024
|
Pending | ARMLS | $895,000 | |
9/13/24
Sep 13, 2024
|
Price Changed | ARMLS | $895,000 | -0.2% |