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12247 N FOUNTAIN HILLS Boulevard Fountain Hills, AZ 85268
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Key Details
Sold Price $580,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Fountain Hills Arizona Final Plat No 206 Tracts A-
MLS Listing ID 6444122
Sold Date 08/30/22
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1980
Annual Tax Amount $1,253
Tax Year 2021
Lot Dimensions .27 acres
Property Description
Hard to find Fountain Hills duplex. Cash/quick close investors preferred. Stabilzed rental income and operating around a 6 CAP +/-. This Duplex has 2,325 total SF +/-. Sits on a large 0.27 acre lot. Unit A-2BR/2BA-Rent $2,200-1425 SF+/-; Unit B-1BR/1BA-Rent $1,400-900 SF+/-. Tenant leases run until early 2023. Value-Add Opportunity. Newer roof. HVAC units are older. Nice curb appeal. All separately metered (including water). Low maintenance, low overhead. Tenants pay all utilities except sewer. Nice views. Newer fenced yards. Laundry.Dishwashers. Covered patios. Substantial storage. 2 bed unit has a garage & fireplace. Showings in escrow only. Sold as-is, where-is. Buyer to complete/rely on own due diligence. Actual rents, expenses approximate.
Location
State AZ
County Maricopa
Community Fountain Hills Arizona Final Plat No 206 Tracts A-
Zoning R-2
Direction Shea Blvd east to Arroyo Vista to property.
Interior
Flooring Carpet, Ceramic Tile
Appliance WasherDryer
Exterior
Parking Features Paved Parking, Add'l Parking Avail, >1 Space Per Unit, Common
Community Features See Remarks
Roof Type Tile,Foam
Total Parking Spaces 6
Garage Yes
Building
Sewer Public Sewer
Water Private Franchise
New Construction No
Schools
Elementary Schools Four Peaks Elementary School - Fountain Hills
Middle Schools Four Peaks Elementary School - Fountain Hills
High Schools Fountain Hills High School
School District Fountain Hills Unified District
Others
Senior Community No
Tax ID 176-05-263
Acceptable Financing Other (See Remarks)
Listing Terms Other (See Remarks)
Financing Cash
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Bought with Better Homes & Gardens Real Estate SJ Fowler
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