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Key Details
Sold Price $975,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Fountain Hills Az 104
MLS Listing ID 6671724
Sold Date 05/01/24
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1995
Annual Tax Amount $1,876
Tax Year 2023
Lot Dimensions Irrigular
Property Description
Investors special! A 6.54% cap rate can be yours! Do not miss this FULLY RENTED TRIPLEX in Fountain Hills! Enjoy three units that live like single family homes, two with their own driveway, 3 bedrooms, 2 bathrooms, and two car garages and a third unit with 2 bedrooms, 1 bath, and 1 car garage. Built in 1995, this property is available to the public for the first time. Each unit is ground level and has NO STEPS, direct garage access, and 12'+ ceilings. Located in the heart of Fountain Hills within walking distance to the world famous fountain, park, Avenue, shopping and more! Also being sold, the adjacent duplex, provides a rare chance to own a total of 5 units!
Location
State AZ
County Maricopa
Community Fountain Hills Az 104
Zoning R2
Direction North on Fountain Hills Blvd, Property on right hand side and is on the corner of Fountain Hills Blvd and Sherwood
Interior
Heating Heat Pump, Electric
Cooling Central A/C, Electric
Flooring Ceramic Tile
Appliance F/S Oven/Range
Exterior
Garage <1 Space Per Unit
Community Features No Pool
Waterfront No
Roof Type Foam
Total Parking Spaces 10
Garage Yes
Building
Sewer Public Sewer
Water City Franchise
Schools
Elementary Schools Four Peaks Elementary School - Fountain Hills
Middle Schools Fountain Hills Middle School
High Schools Fountain Hills High School
School District Fountain Hills Unified District
Others
Senior Community No
Tax ID 176-02-085
Acceptable Financing Conventional, FHA, VA Loan
Listing Terms Conventional, FHA, VA Loan
Financing Cash
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Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with Russ Lyon Sotheby's International Realty
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