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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

1708 E Verde Lane, Phoenix, AZ – $895,000

  • 5 Beds
  • 5 Baths
  • 2,463 Sqft
  • .19 Acres
  • 5 Beds
  • 5 Baths
  • 2,463 Sqft
  • .19 Acres

1708 E Verde Lane

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.

Essential Information

  • MLS® #6746455
  • Price$895,000
  • Bedrooms5
  • Bathrooms5.00
  • Square Footage2,463
  • Acres0.19
  • Year Built1950
  • TypeResidential
  • Sub-TypeSingle Family - Detached
  • StyleOther (See Remarks)
  • StatusActive

Community Information

  • Address1708 E Verde Lane
  • SubdivisionGARDENDALE ADD.
  • CityPhoenix
  • CountyMaricopa
  • StateAZ
  • Zip Code85016

Amenities

  • UtilitiesAPS
  • Parking Spaces6
  • ParkingTandem
  • # of Garages2
  • PoolNone

Interior

  • HeatingMini Split, Electric
  • FireplaceYes
  • Fireplaces1 Fireplace
  • # of Stories1

Interior Features

Eat-in Kitchen, Breakfast Bar, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, High Speed Internet

Cooling

Refrigeration, Wall/Window Unit(s), Ceiling Fan(s)

Exterior

  • WindowsDual Pane
  • RoofComposition
  • ConstructionPainted, Siding, Frame - Wood

Exterior Features

Covered Patio(s), Patio, Storage, Built-in Barbecue

Lot Description

Natural Desert Back, Gravel/Stone Front

School Information

  • ElementaryLarry C Kennedy School
  • MiddleLarry C Kennedy School
  • HighCamelback High School

District

Phoenix Union High School District

Listing Details

  • OfficeeXp Realty
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Price Change History for 1708 E Verde Lane, Phoenix, AZ (MLS® #6746455)

Date Details Change
Status Changed from Pending to Active
Status Changed from Active to Pending
Price Reduced from $897,000 to $895,000 $2,000 (0.22%)

eXp Realty.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on January 4th, 2025 at 5:01pm MST.