Properties
Fountain Hills, AZ 85268 12247 N FOUNTAIN HILLS Boulevard
$689,990
20 more
Presented By: Opulent Real Estate Group; 480-588-8356
Garage • 1
Home Details
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.
Presented By: Opulent Real Estate Group; 480-588-8356
Interior Features for 12247 N FOUNTAIN HILLS Boulevard
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringLaminate
Heating Y/NYes
General for 12247 N FOUNTAIN HILLS Boulevard
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityFountain Hills
Community FeaturesNo Pool
Construction MaterialsWood Frame, Painted, Stucco
CoolingCentral Air, Ceiling Fan(s)
CountyMaricopa
DisclosuresSeller Prop Disc Stm
ElectricSRP
Elementary School DistrictFountain Hills Unified District
Garage Y/NYes
Gross Income38736.0
HeatingElectric
High School DistrictFountain Hills Unified District
Lease Considered Y/NNo
Lease Renewal Y/NNo
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
New Financing: FHATrue
Number Of Units Total2
Occupancy TypeTenant
Open Parking Spaces2.0
Operating Expense1228.0
OwnerPaysNone
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofTile
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameFOUNTAIN HILLS ARIZONA FINAL PLAT NO 206
Tax Annual Amount1228.0
Tax Lot19
Tax Year2025
Township3N
Year Built1980
ZoningR-2
Exterior for 12247 N FOUNTAIN HILLS Boulevard
Covered Spaces2.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions11874
Number of Buildings1
Parking FeaturesAdd'l Parking Avail, Carport
Road Surface TypeAsphalt
SpaNo
Total Parking4.0
Water SourcePrivate
Additional Details
Price History
