12247 N Fountain Hills Boulevard Fountain Hills, AZ 85268
Listing Courtesy of: Arizona Regional MLS / Better Homes And Gardens Real Estate S.J. Fowler / James Stephens

  12247 N Fountain Hills Boulevard Fountain Hills, AZ 85268

Pending (8 Days)

Description

Hard to find Fountain Hills duplex with strong cash flow in place (6.5 +/- CAP), but room to raise rents at lease expiration. Near Downtown area. Excellent rental market with low supply. This Duplex has 2,325 total SF +/-, and sits on a large 0.27 acre lot. Built in 1980. Unit A - 2BR/2BA - Rent $2,200-1425 SF+/-; Unit B-1BR/1BA - Rent $1,400-900 SF+/-. Highly Stabilized. Tenant leases run until early 2023. Well-maintained property. Value-Add Opportunity. Newer roof. HVAC units are older. Excellent curb appeal. All separately metered (including water/sewer). Low maintenance, low overhead. Tenants pay all utilities. Nice views. Newer fenced yards. Laundry. Dishwashers. Covered patios. Substantial storage. Large Corner lot. One unit has a garage & fireplace. Showings in escrow only.

MLS #:
6444122
Taxes
$1,253(2021)
Type
Multifamily
Year Built
1980
School District
098 - Fountain Hills Unified District
County
Maricopa County
Bathroom Details
Interior Features
  • Vertical Blinds
  • Mini Blinds
  • Fire/Smoke Alarm(s)
Subdivision
  • Fountain Hills Arizona Final Plat No 206 Tracts A-
Heating and Cooling
  • Electric
  • Ceiling Fan(s)
Exterior Features
  • Patio/Balcony
  • Other (See Remarks)
  • Fenced
  • Roof: Tile
  • Roof: Foam
Utility Information
  • Sewer: Sewer - Public
School Information
  • Elementary School: Four Peaks Elementary School - Fountain Hills
  • Middle School: Four Peaks Elementary School - Fountain Hills
  • High School: Fountain Hills High School
Parking
  • 6.00
Location
   
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ARMLS Last Updated: 8/10/22 19:54.