3629 E Verde Lane Phoenix, AZ
$ 639,000
Property Attributes
  • MLS#6067142
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodOakshire
  • Zip85018
  • Style
  • Year Built1956
  • Taxes1588
  • Price$ 639,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage2739
Listing Provided Courtesy Of:
Century 21 Toma Partners
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.

Price History
4/17/2020 Listed $649,000
8/10/2020 1% - $645,000
9/15/2020 1% - $639,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 1367.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block, Other (See Remarks)
Cooling Heat Pump
Electric City Electric, Individual Meter
Exterior Features Desert Landscaping, Partially Fenced
Features No Pool
Heating Heat Pump
Interior Features Other (See Remarks)
Map Code/Grid P35
Net Income 42193.78
New Financing Conventional, Other (See Remarks)
Owner Pays Other, Sewer, Trash Collection, Water
Parking >1 Space Per Unit, Add'l Parking Avail, Assigned, Carport, Paved Parking, Street Parking
Property Type F
Roof Built-Up
School District 014 - Creighton Elementary District
Sewer Sewer - Public
Status Active
Subdivision OAKSHIRE
Tenant Pays Electric, Gas
Water City Franchise, Master Meter
Year Built 1956
Zoning R3

Interior Features

2 Bedroom Units: # 2 Bedroom Units 3
2 Bedroom Units: # Baths 2
2 Bedroom Units: Avg Sqft 913
Appliances Included F/S Oven/Range, Refrigerator, W/D Hookup
Floors Ceramic Tile, Other (See Remarks)
Gas SW Gas
Total Number of Units 3.00

Exterior Features

Sale Includes Building(s) Only, Land & Building, Other (See Remarks)
Const - Finish Other (See Remarks), Painted
Covered Parking Spcs 4.00
Lot Size Dimensions 0.154 acres / 6, 720 sqf
Total Parking Spcs 4.00


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85018

AVG $1.27M
AVG $4,089
AVG 201
Year Built
AVG 1968
AVG 62
Data Provided by Walkscore ® not using MLS data

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