




12247 N FOUNTAIN HILLS Boulevard, Fountain Hills, AZ, 85268
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 1980
Materials
- Roof: Tile
- Construction materials: Wood Frame,Painted,Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Disposal,Dishwasher,Refrigerator,Free-Standing Electric Oven,Microwave,Washer/Dryer
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Features
- Flooring: Laminate
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 2,325
- Total interior livable area: 2,325 sqft
Property
Details
- Parcel number: 17605263
- Zoning: R-2
Lot
- Lot size: 0.27 Acres
- Lot size dimensions: 11874
Parking
- Total spaces: 4
- Parking features: Add'l Parking Avail,Carport
- Covered spaces: 2
- Has uncovered spaces: Yes
- Uncovered spaces: 2
- Carport: Yes
