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For more information on this property, contact Michael Bohlman at 480-797-3800 or mbohlman@outlook.com

14263 N FOUNTAIN HILLS Boulevard
Fountain Hills, Arizona AZ 85268-8758
Sold For: $720,000
Listing ID 6292164
Status Closed
Year Built 1975

Property Description:

Excellent duplex located in the heart of Foutain Hills, located less than a mile from Fountain Hills park and Downtown. Each unit is an exact mirror of each other and are exactly the same size and floorplan. 1662 Sqft plus an Arizona room make these 3 bed 2 bath units great for anyone. Recent updates to the home include new exterior paint, new lights & fans. Both units have Satillo tile in the main living areas and Unit 2 has vinyl wood in bedrooms, Unit 1 has brand new carpet in bedrooms. 3 car detached garage and large concrete driveway allows for plenty of parking. Both units are individually metered on power & water which means tenants pay all their own utilities except sewer & landscaping. Minimal operating costs make this a great investment property.

Primary Features

County: Maricopa
Property Type: Multiple Dwellings
Subdivision: FOUNTAIN HILLS AZ 104
Year Built: 1975
Zoning: R-2

Interior

3 Bedrooms Units # Baths: 2
3 Bedrooms Units Avg SqFt: 1662
Cooling: yes
Flooring: Carpet, Ceramic Tile
Heating: yes

Location

Community Features: No Pool
Country: US
Directions: North on Fountain Hills Blvd from Palisades, Right on Fairfax, immediate right into the driveway.
Elementary School District: Fountain Hills Unified District
General Property Description Elementary School District2: Fountain Hills Unified District
General Property Description High School District: Fountain Hills Unified District
High School District: Fountain Hills Unified District
Postal City: Fountain Hills
Township: 3N
Water Source: Private Franchise

External

Attached Garage: no
Construction Materials: Siding, Painted, Frame - Wood, Slump Block
Covered Spaces: 3
Electric: SRP
Garage: yes
General Property Description # of Buildings: 1
General Property Description Lot Size Dimensions: 125 x 90
General Property Description Total # of Units: 2
General Property Description Uncvrd Parking Spcs: 6
Lot Size Dimensions: 125 x 90
Number Of Buildings: 1
Number Of Units Total: 2
Open Parking Spaces: 6
Parking Features: Paved Parking, >1 Space Per Unit
Parking Garage: 1
Parking Total: 9
Road Surface Type: Asphalt
Roof: Composition, Rolled/Hot Mop
Sewer: Public Sewer

Additional

Mls Status: Closed
Public Survey Range: 6E
Public Survey Section: 10

Financial

3 Bedrooms Units Avg Rent: 2000
Cap Rate: 5.49
Disclosures: Seller Prop Disc Stm
Gardener Expense: 2160
Gross Income: 48000
Gross Scheduled Income: 48000
Listing Terms: Conventional, FHA, VA Loan
Net Operating Income: 43660
Operating Expense: 4340
Owner Pays: Sewer, Landscaping
Tax Annual Amount: 1480
Tax Block: 4
Tax Book Number: 176.00
Tax Lot: 14
Tax Year: 2021
Tenant Pays: Trash Collection, Electricity, Water, Landscaping
Water Sewer Expense: 700

Zoning Info


Contact - Listing ID 6292164

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Michael Bohlman

2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800

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