14439 N FOUNTAIN HILLS Boulevard, Fountain Hills, AZ 85268
$975,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$975,000
Last Modified:
5/18/2025
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!
More Information MLS# 6671724
Contract Info
Current Price: $975,000
Sold Price: $975,000
Status: Closed
List Date: 2024-03-02
Ownership: Fee Simple
Location Tax Legal
House Number: 14439
Compass: N
Street Name: FOUNTAIN HILLS
St Suffix: Boulevard
City/Town Code: Fountain Hills
State/Province: AZ
Zip Code: 85268
Zip4: 2873
Country: US
County Code: Maricopa
Subdivision: FOUNTAIN HILLS AZ 104
Assessor Number: 176-02-085
Tax Year: 2023
General Property Description
Lot Size Dimensions: Irrigular
Year Built: 1995
Uncvrd Parking Spcs: 5
Total # of Units: 3
# of Buildings: 1
Zoning: R2
Elementary School District: Fountain Hills Unified District
High School District: Fountain Hills Unified District
Elementary School: Four Peaks Elementary School - Fountain Hills
Jr. High School: Fountain Hills Middle School
High School: Fountain Hills High School
Remarks Misc
Cross Street: Fountain Hills Blvd and Palisades
Directions: North on Fountain Hills Blvd, Property on right hand side and is on the corner of Fountain Hills Blvd and Sherwood
Geo Lat: 33.617551
Geo Lon: -111.721211
Status Change Info
Status Change Date: 2024-05-01
Off Market Date: 2024-04-11
Under Contract Date: 2024-04-04
Close of Escrow Date: 2024-05-01
Sold Price: $975,000
Legal Info
Township: 3N
Range: 6E
Section: 10
Lot Number: 10
Income Expenses
Gross Annual Sch Inc: 56700
Net Operating Income: 46001
Showing Notification Methods
Showing Service: Aligned Showings
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1525
Avg SqFt: 1000
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 1500
Avg SqFt: 1300
# Baths: 2
Sold Info
Loan Type: Cash
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Tri-Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Foam
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Interior Amenities: Vertical Blinds
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal
Heating: Heat Pump
Cooling: Electric; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: Garage; <1 Space Per Unit
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV
Source of Fincl Data: Owner
Lockbox Type: None
New Financing: VA; FHA; Conventional
Environmental: None
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: May - 18 - 2025
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