6710 Fanfol Drive Paradise Valley {ListingArea} 6022473

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$1,725,000
MLS #: 6022473
Bedrooms: 8
Bathrooms: 8
Sq Feet: 3,600
HOA: N
City: Paradise Valley
Zip: 85253
Sub Division: Fairway Acres Lots 6-18

Property Description

Investor Alert! Great Revenue property. Over 7% cap rate! Multi year lease remaining with licensed 10 bed assisted living facility. 8 beds/baths. Very high average revenue with all expenses except taxes and home insurance covered by tenant. Pictures do not include recent upgrades and additions. Picturesque setting on a quiet street in desirable PV with mature, beautiful landscaping and circular driveway invite you onto this 1 acre property. Home boasts multiple large venues and soaring vaulted ceilings. This home has a variety of other applications including Airbnb/VRBO, sober living, etc. Attached 500 sq ft guest house was extensively remodeled in 2014 and home in 2019. This property is not to be missed! No HOA.

General Information

Status
Active
Listing Updated
3/24/2020
List Date
1/10/2020
List Price
$1,725,000
Square Feet
3,600
Bedrooms
8
Bathrooms
8
Year Built
1972
Builder Name
Custom
Lot Size (sq feet)
1 - 1.9 Acres
County
Maricopa
Taxes
$5,084
Tax Year
2019
Listing Broker
HomeSmart

School Information

Elementary School
Cherokee Elementary School
Junior High School
Cocopah Middle School
High School
Chaparral High School
District
048 - Scottsdale Unified District

Community Information

Subdivision
Fairway Acres Lots 6-18

Lot Information

Property Description
Mountain View(s),North/South Exposure
Landscaping
Yrd Wtring Sys Front, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Grass Front
Water
City Water
Sewer, Public
Septic
Horse
N
Slab Parking Spaces
6
Carport Spaces
4
Fencing
Block,Wrought Iron

Rooms

Other rooms
Bonus/Game Room, Guest Qtrs-Sep Entrn, Great Room

Features

Interior Features
9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Vaulted Ceiling(s), Wet Bar(s)
Exterior Features
Circular Drive, Covered Patio(s), Childrens Play Area, Patio, Pvt Yrd(s)/Crtyrd(s), Separate Guest House
Kitchen Features
Disposal,Dishwasher,Refrigerator,Range/Oven Gas,Built-in Microwave,Non-laminate Counter
Dining Area
Dining in LR/GR, Eat-in Kitchen, Formal
Master Bath Features
Double Sinks, Full Bth Master Bdrm, Private Toilet Room
Additional Bedroom Features
Mstr Bdr Walkin Clst, Other Bdrm Split, Separate Bdrm Exit
Flooring
Carpet, Vinyl, Tile
Laundry
Dryer Included, Inside Laundry, Washer Included
Technology
3+ Exist Tele Lines, Cable TV Avail, HighSpd Intrnt Aval
Fireplace Features
3+ Fireplace, Exterior Fireplace, Fireplace Living Rm, Fireplace Master Bdr, Gas Fireplace
Cooling
Refrigeration, Ceiling Fan(s), Programmable Thmstat
Heating
Electric Heat, Gas Heat
Utilities
APS, SW Gas
Pool
Heated Pool, Pool - Private
Spa
None
Construction Finish
Brick Trim/Veneer, Painted, Stucco
Roofing
Tile, Foam
Water
City Water
Sewage
Septic
Fencing
Block,Wrought Iron
Accessibility Features
Zero-Grade Entry,Dr/Access 32in+ Wide,Hallways 36in+ Wide,Hard/Low Nap Floors,Bath Roll-In Shower,Bath Grab Bars,Bath Roll-Under Sink,Ramps,Bath 60in Trning Rad,Bath Insulated Pipes,Mltpl Entries/Exits

Location

Directions:
From 64th (Invergordon) turn East on Fanfol
Cross-Streets:
64th - (invergordon) & Doubletree

Map Location : 6710 E Fanfol Drive Paradise Valley AZ 85253 (SEE ON MAP)

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ARMLS Listing Data last updated 3/31/2020 2:35 AM MST.