BEDS0
BATHS
MLS#7003505
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONFOUNTAIN HILLS ARIZONA FINAL PLAT NO 206
SCHOOLFountain Hills Unified District
Property Description
Hard-to-find duplex in Fountain Hills--ideal for investors seeking stable income with upside potential. Currently generating consistent rental income with an estimated cap rate of approximately 5.6% at a $689,000 sale price. The property offers a total of 2,325 SF on a spacious 0.27-acre lot. Unit A features a 2 bed / 2 bath layout (approx. 1,425 SF) currently rented at $1,850/month. Unit B is a 1 bed / 1 bath (approx. 900 SF) rented at $1,378/month.Value-add opportunity with room for future improvements. Additional highlights include separate metering for all utilities (including water), low maintenance expenses, and tenants responsible for all utilities Attractive curb appeal with newer fenced yards, covered patios, in-unit laundry, dishwashers, and ample storage.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Ceiling Fan(s)
Heating: Electric
Roof Type: Tile
Taxes: $1,228
Year Built: 1980
Feature Descriptions
Community Features: No Pool
Days on Site: 23
Exterior: Wood Frame, Painted, Stucco
Parking: Carport
Water: Private
Local Schools
School District: Fountain Hills Unified District
Listed By / Shown By
Listed By
Agency Name: Opulent Real Estate Group
Agency Phone: 480-588-8356
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimate Your Payment
Estimated Payment
$ 1,839.20 per month $1,535.62 Principal & Interest $102.33 Property Tax $201.25 Homeowner's Insurance
12247 N Fountain Hills Boulevard | MLS# 7003505
This multi-family property located at 12247 N Fountain Hills Boulevard, Fountain Hills, AZ 85268 is currently listed for sale with an asking price of $689,990. N Fountain Hills Boulevard is located within the Fountain Hills Unified District school district. Search Fountain Hills real estate on www.arizonabest.com today.