16629 E Almont Drive

    Fountain Hills, AZ 85268
    • $690,000
    • STATUS: Active Under Contract
    • ON SITE: 143 days
    • MLS #: 5931499
    Under Contract
    UPDATED: 23 min ago
    $690,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1985
    County:

    Description

    We are pleased to announce, Fountain Hills Apartments. This is a fully rented out 4 plex which all of them have two bedrooms and two baths. Tenants pay all utilities including water! Rents currently have not been raised in years and are at 850 to 900 a month. All have washer and dryer hook ups and covered parking. Market rents are 1,150 to 1200. Super close to Fountain Park and shops and dinning. Drive by onlyTenants are unaware of sale. All facts and figures are approximate buyer verify MLS Information.

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The W Group | Russ Lyon Sotheby's International Realty. Data last updated 2019-10-17T07:11:43.927.
    www.thewgroupaz.com/homes/95221542

    16629 E Almont Drive Fountain Hills, AZ 85268

    • Price: $690,000
    • Status: Active Under Contract
    • Updated: 23 min ago
    • MLS #: 5931499
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1985
    Built
    County:
    Maricopa
    Area:
    Fountain Hills
    Elementary School:
    Fountain Hills High School
    Middle School:
    Fountain Hills Middle School
    High School:
    Fountain Hills High School
    School District:
    098 - Fountain Hills Unified District
    Property Description
    We are pleased to announce, Fountain Hills Apartments. This is a fully rented out 4 plex which all of them have two bedrooms and two baths. Tenants pay all utilities including water! Rents currently have not been raised in years and are at 850 to 900 a month. All have washer and dryer hook ups and covered parking. Market rents are 1,150 to 1200. Super close to Fountain Park and shops and dinning. Drive by onlyTenants are unaware of sale. All facts and figures are approximate buyer verify MLS Information.
    Exterior Features

    Construction Frame - Wood Construction Finish PaintedStucco Covered Parking Spaces 4.00 Exterior Amenities Landscape Wtr SystemDesert LandscapingCable Tv AvailablePatio/BalconySeparate Storage Lot Size Dimensions Irr Parking FreePaved ParkingCarport Roads Asphalt/Blacktop Roofing FoamPartial Tile Total Parking Spaces 8.00

    Interior Features

    1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 1024 2 Bedroom Units Baths 2 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeRefrigeratorDishwasherDisposalMicrowaveW/D Hookup Cooling Heat Pump Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors ConcreteCarpetCeramic TileVinyl/Composition Heating ElectricHeat PumpCeiling Fan(S) Interior Amenities Vertical BlindsFire/Smoke Alarm(S)Mini BlindsBreakfast Bar

    Property Features

    1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1150.00 2 Bedroom Units 4 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 52440.00 Annual Elec Exp 600.00 Annual Gas Exp 0.00 Annual Ins Exp 1300.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 1200.00 Annual Legal And Acctg 0.00 Annual Maint Exp 3000.00 Annual Mgmt Exp 0.00 Annual Other Expense 1989.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 1000.00 Annual Wtr Swr Exp 0.00 Community Amenities No Pool Cross Street Fountain Hills Blvd & Palisades Blvd Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Srp Gas None Gross Annual Sch Inc 55200.00 Hoa YN No Net Operating Income 41362.00 New Financing ConventionalSeller May Carry Operating Exp 11078.00 Other Income 0.00 Owner Pays WaterSewerTrashLandscaping Project Type Four Plex Sale Includes Land & Building Sewer Sewer - PublicSewer-In & Connected Source Of Financial Data Other (See Remarks) Tax Municipality Fountain Hills Taxes 1989.00 Tenant Pays WaterElectricCable Tv Totl Mnth Rntal Inc 4600.00 UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.05 Water Individual MeterPrivate Franchise Zoning R-3

    Listing courtesy of Grace Cre.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The W Group | Russ Lyon Sotheby's International Realty. Data last updated 2019-10-17T07:11:43.927.
     
    The W Group | Russ Lyon Sotheby's International Realty
    20909 N. 90th Place, Suite 209
    Scottsdale AZ, 85255