Investors special! A 6.34% cap rate can be yours! Do not miss this updated duplex in Fountain Hills! Enjoy two units with new roof, fresh paint, new flooring, and matured landscaping. These units live like single family homes. Each has a separate driveway, 3 bedrooms, 2 bathrooms, and two car garages! Built in 2002, 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!
Now on the market!! This property presents an excellent investment opportunity with a 3.6% cap rate! You can also live in one unit and rent out the other. Both units are single-level, and each comes with its own two-car garage, driveway and private backyard. The charming front porches add a welcoming touch. Inside, both units feature spacious open layouts with vaulted ceilings, complemented by fresh paint and stylish tile flooring. The undated kitchens are outfitted with built-in appliances, granite counters, white cabinetry, and breakfast bars, offering functionality and style. The well-appointed bedrooms provide privacy and comfort! Great location to the downtown area, restaurants, and the famous park. Come see the amazing opportunities in this fantastic duplex waiting for you!!
16506 (left) unit boasts 2bed/2bath with a 1-car garage. Updated, SS appliances, Quartz counters, plank flooring, nice side patio and a back yard area too. Great views of Four Peaks Mountains. 16508 (right) unit is even more spacious & updated with 2bed/plus den/3bath & an oversized 2-car garage, with a private courtyard, a bigger backyard with fountain/mountain views and a covered patio area. This half boasts Quartz counters/SS appliances, hardwood & marble flooring. There is an automatic irrigation drip system for easy yard maintenance. No HOA fees, not part of the NPOA. Close to all that is Fountain Hills; enjoy dining, shopping, parks and the World Famous Fountain. This is a great long or short term rental opportunity, or in-law arrangement. The possibilities are endless.
The median home value in Fountain Hills, AZ is $712,000. This is higher than the county median home value of $456,600. The national median home value is $338,100. The average price of homes sold in Fountain Hills, AZ is $712,000. Approximately 67.03% of Fountain Hills homes are owned, compared to 14.65% rented, while 18.32% are vacant. Fountain Hills real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fountain Hills real estate agent to arrange a tour today!
Fountain Hills, Arizona has a population of 23,639. Fountain Hills is less family-centric than the surrounding county with 14.47% of the households containing married families with children. The county average for households married with children is 31.17%.
The median household income in Fountain Hills, Arizona is $90,143. The median household income for the surrounding county is $72,944 compared to the national median of $69,021. The median age of people living in Fountain Hills is 59.7 years.
The average high temperature in July is 104.3 degrees, with an average low temperature in January of 42.4 degrees. The average rainfall is approximately 13.3 inches per year, with 0 inches of snow per year.