$639,000 3629 E Verde Lane Phoenix, AZ

MLS: 6067142   Type: Multi-Family   County: Maricopa   City: Phoenix   Neighborhood: Oakshire   Zip: 85018     Taxes: $1,588

Mortgage $3,000 /mo



Half Baths

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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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Price History

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

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 1367.00
3 Bedrooms Units: Avg Rent 0.00
3 Bedrooms Units: Avg Sqft 0
4 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Sqft 0
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
Public Remarks
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

1 Bedroom Units: # 1 Bedroom Units 0
1 Bedroom Units: # Baths 0
1 Bedroom Units: Avg Sqft 0
2 Bedroom Units: # 2 Bedroom Units 3
2 Bedroom Units: # Baths 2
2 Bedroom Units: Avg Sqft 913
3 Bedrooms Units: # 3 Bedroom Units 0
3 Bedrooms Units: # Baths 0
4 Bedrooms Units: # 4 Bedroom Units 0
4 Bedrooms Units: # Baths 0
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

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

Property Schools

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Gallery (18 photos)

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Property vs Zip Code Avg (85018)

Price 639K Avg 1.24M

Sqr Feet 2,739 Avg 2,787

Cost / Sqr Ft $233 Avg $446

Taxes $1,588 Avg $3,866

Visits 239 Avg 238

Days on Site 189 Avg 92

Walkscore® 70 Avg 62

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Century 21 Toma Partners

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Location & Address

The Evenson Fisher Group
2301 S Stearman drive
Chandler, AZ