3629 E Verde Lane

    Phoenix, AZ 85018
    • $590,000
    • STATUS: Active Under Contract
    • ON SITE: 24 days
    • MLS #: 5968788
    Under Contract
    $590,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:
    Area:

    School Ratings & Info

    Description

    Turnkey affordability in Arcadia Lite! AIM is pleased to offer the newly renovated Arcadia Verde Triplex at over a 6% cap rate! All of the heavy lifting has been done with beautiful new kitchens, baths, flooring, etc. Kitchens feature new cabinets with granite tops, backsplashes, and new stainless appliance packages. All units are very large two-bedrooms and one of them has two baths! They are 100% occupied and leased out at healthy rents with one-year leases. A new owner can simply step into a great location with stable cash flow and nothing to repair or renovate. This central Phoenix location is hot, with renovation and redevelopment all around! Folks want to live near the shopping and entertainment Arcadia Lite affords. The owner pays...

    Monthly Payment Calculator



    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The W Group | Russ Lyon Sotheby's International Realty. Data last updated 2019-09-17T00:11:12.427.
    www.thewgroupaz.com/homes/98236630

    3629 E Verde Lane Phoenix, AZ 85018

    • Price: $590,000
    • Status: Active Under Contract
    • MLS #: 5968788
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1956
    Built
    Neighborhood:
    Oakshire
    County:
    Maricopa
    Area:
    Phoenix
    School District:
    014 - Creighton Elementary District
    Property Description
    Turnkey affordability in Arcadia Lite! AIM is pleased to offer the newly renovated Arcadia Verde Triplex at over a 6% cap rate! All of the heavy lifting has been done with beautiful new kitchens, baths, flooring, etc. Kitchens feature new cabinets with granite tops, backsplashes, and new stainless appliance packages. All units are very large two-bedrooms and one of them has two baths! They are 100% occupied and leased out at healthy rents with one-year leases. A new owner can simply step into a great location with stable cash flow and nothing to repair or renovate. This central Phoenix location is hot, with renovation and redevelopment all around! Folks want to live near the shopping and entertainment Arcadia Lite affords. The owner pays...
    Exterior Features

    Construction Block Construction Finish Painted Covered Parking Spaces 4.00 Lot Size Dimensions Irr Parking 1 Space/UnitCarport Roads Asphalt/Blacktop Roofing Built-Up Total Parking Spaces 4.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 913 2 Bedroom Units Baths 2 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeRefrigeratorWasher/DryerW/D Hookup Cooling Heat Pump Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic Tile Heating Heat Pump

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1367.00 2 Bedroom Units 3 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 0.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Community Amenities No Pool Cross Street 37th St And Thomas Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric City ElectricIndividual Meter Gas Individual MeterSw Gas Gross Annual Sch Inc 0.00 Hoa YN No Net Operating Income 0.00 New Financing Conventional1031 Exchange Operating Exp 1555.00 Other Income 0.00 Owner Pays WaterSewerTrash Project Type Tri-Plex Sale Includes Building(S) OnlyPersonal Property Sewer Sewer - Public Source Of Financial Data Provided By OwnerProjected Proforma Tax Municipality Phoenix Taxes 1555.00 Tenant Pays ElectricGasCable Tv UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.00 Water Master MeterCity Franchise Zoning R-3

    Listing courtesy of Arizona Investment & Mgt, Llc.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The W Group | Russ Lyon Sotheby's International Realty. Data last updated 2019-09-17T00:11:12.427.
     
    The W Group | Russ Lyon Sotheby's International Realty
    20909 N. 90th Place, Suite 209
    Scottsdale AZ, 85255