14422 N SHERWOOD Drive Fountain Hills, AZ $ 749,900
14422 N SHERWOOD Drive
$ 749,900
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14422 N SHERWOOD Drive

Fountain Hills, AZ, 85268
$ 749,900
Baths0.0

Monthly Estimate*

$ 4,984

14422 N SHERWOOD Drive, Fountain Hills, AZ 85268 - Image 1
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14422 N SHERWOOD Drive, Fountain Hills, AZ 85268 - Image 8
Studio

Multi-Family Home for sale in Fountain Hills, AZ

for $749,900. This home was built in 2002.

Investors special! A 6.34% cap rate can be yours! Do not miss this FULLY RENTED duplex in Fountain Hills! Enjoy two units that live like single family homes, each with their own 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! Also being sold, the adjacent triplex, provides a rare chance to own a total of 5 units!

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Multi-Family Contingent

Price

$ 749,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,533

Style

Multiple Dwellings

Year Built

2002

Town/City

Fountain Hills

County/Region

Maricopa

MLS | Web ID

6671718

Features
General
Sewer Public Sewer
Heating Heat Pump Electric
Cooling Central A/C Electric
Roof Foam
Zoning R2
Construction Materials Painted Stucco Frame - Wood
Year Built 2002
Electric SRP Individual Meter
Tenant Pays Electricity Water Sewer
Township 3N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 36517.0
Community Features No Pool
County Maricopa
Net Operating Income 31231.0
Operating Expense 6819.0
Property Type Multiple Dwellings
Attached Garage Y
Subdivision Name FOUNTAIN HILLS AZ 104
Garage Y/N Y
Status CCBS (Contract Contingent on Buyer Sale)
Directions North on Fountain Hills Blvd Right on Sherwood
High School Fountain Hills High School
City Fountain Hills
Buyer Agent Compensation 2.50
Disclosures None
View Y/N N
High School District Fountain Hills Unified District
Open Parking Spaces 4.0
NumberOfUnitsTotal 2
Lot Size Square Feet 0.0
Carport Y/N N
Street Name SHERWOOD
Elementary School Four Peaks Elementary School - Fountain Hills
Tax Annual Amount 1533.0
Middle/Junior High School Fountain Hills Middle School
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 95
Standard Status Active Under Contract
Occupancy Type Tenant
Elementary School District Fountain Hills Unified District
Tax Lot 9
Cap Rate 4.16
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community N
New Financing True
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Drive
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Other (See Remarks) Attached >1 Space Per Unit
Water Source City Franchise Individual Meter
Total Parking 8.0
Lot Size Area 0.0
Number of Buildings 1
Spa N
Lot Dimensions irregular
Lot Size Acres 0.0
Road Surface Type Asphalt
Covered Spaces 4.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 14422
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* Excluded Features
List By
Russ Lyon Sotheby's International Realty

Broker

contracts@85268.com

Email

Affordability Calculator

$5,112
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,984
Monthly Property Taxes
$128
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4327775 Elementary School
4327096 Middle School
Fountain Hills High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2024$749,900 Listed Price

Map


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14422 N SHERWOOD Drive, Fountain Hills, AZ, 85268 is a Multi-Family Home for sale at $749,900. 14422 N SHERWOOD Drive is a studio with 0.0 baths and was built in 2002. The property's zip code is 85268 which is in Fountain Hills, AZ