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    3629 E Verde Lane

    Phoenix, AZ 85018
    • $639,000
    • STATUS: Active
    • ON SITE: 161 days
    • MLS #: 6067142
    Price Reduced
    UPDATED: 39 min ago
    $639,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:
    Area:

    School Ratings & Info

    Description

    Investment Opportunity in Arcadia Lite! This newly and completely remodeled triplex is offered at a generous 6.6 % cap rate. All units are large with two-bedrooms and over 900 sq ft. Each unit has its own private back yard with W/D hookups, and there is ample room off street plus covered parking. Units have been fully remodeled and are 100% occupied, with leases in place. Close to shopping centers and business hubs. A sought after neighborhood. Please see Documents tab for P&L with actual breakdown of income and expenses. All appliances convey with property sale. Thank You. Contact the agent with any questions.Please Note : Expenses are estimated and buyer to verify all expenses and estimates.

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    © 2020 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 Maison DeBlanc Real Estate. Data last updated 2020-09-26T11:13:16.44.
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    3629 E Verde Lane Phoenix, AZ 85018

    • Price: $639,000
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 6067142
    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
    Investment Opportunity in Arcadia Lite! This newly and completely remodeled triplex is offered at a generous 6.6 % cap rate. All units are large with two-bedrooms and over 900 sq ft. Each unit has its own private back yard with W/D hookups, and there is ample room off street plus covered parking. Units have been fully remodeled and are 100% occupied, with leases in place. Close to shopping centers and business hubs. A sought after neighborhood. Please see Documents tab for P&L with actual breakdown of income and expenses. All appliances convey with property sale. Thank You. Contact the agent with any questions.Please Note : Expenses are estimated and buyer to verify all expenses and estimates.
    Exterior Features

    Construction BlockOther (See Remarks) Construction Finish Other (See Remarks)Painted Covered Parking Spaces 4.00 Exterior Amenities Desert LandscapingPartially Fenced Lot Size Dimensions 0.154 Acres / 6720 Sqf Parking >1 Space Per UnitAdd'l Parking AvailAssignedCarportPaved ParkingStreet Parking Roads Private Street Roofing Built-Up

    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 F/S Oven/RangeRefrigeratorW/D Hookup Cooling Heat Pump Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic TileOther (See Remarks) Heating Heat Pump Interior Amenities Other (See Remarks)

    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 48600.00 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 6126.00 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 Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric City ElectricIndividual Meter Gas Sw Gas Gross Annual Sch Inc 48600.00 Hoa YN No Net Operating Income 42193.78 New Financing ConventionalOther (See Remarks) Operating Exp 7714.00 Other Income 0.00 Owner Pays OtherSewerTrash CollectionWater Project Type Tri-Plex Sale Includes Building(S) OnlyLand & BuildingOther (See Remarks) Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Phoenix Taxes 1588.00 Tenant Pays ElectricGas Vacancy Allowance 0.00 Water City FranchiseMaster Meter Zoning R3

    Listing courtesy of Century 21 Toma Partners.


    © 2020 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 Maison DeBlanc Real Estate. Data last updated 2020-09-26T11:13:16.44.
     
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    Maison DeBlanc Real Estate
    8360 E Raintree Dr.
    Scottsdale AZ, 85260