Please note the low income restriction is set to expire on July 6, 2027. This property is a 4-unit mixed-income housing community situated in Old Town Scottsdale. The property was built in 1958 and was later placed in service under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. There… Read More is an existing regulatory agreement in place which requires all 4 units to be rented to income qualifying residents earning no more than 50% and 60% of the Area Median Income (AMI) limits, which are provided by The Arizona Department of Housing. The property offers a range in unit types with (1) large studio, (1) 1-bed / 1-bath unit, and (2) 2-bed / 1-bath units. The studio has the layout ability to be converted into a 1-bed / 1-bath unit. Amenities include private yards & community courtyard. Read Less
Courtesy of ABI Multifamily 602-714-1400
Listing Snapshot
Days Online
31
Last Updated
Property Type
Multiple Dwellings
Year Built
1960
MLS Number
6971987
30 Days Snapshot Of 85251
$1.18M
+5%
(avg) sold price
26
-3%
homes sold
104
+19%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Refrigerator", "Free-Standing Electric Oven"
Building
Built in 1960, Construction materials: "Painted", "Block", 4 total units
Cooling
"Central Air"
Heating
"Central"
Parking
"Paved", ">1 Space Per Unit", 8 total parkings
Property
Zoning: R-5
Roof
"Composition"
Sewer
"Public Sewer"
Taxes
Annual amount: $1,105, Lot: 39
Utilities
"Individual Meter"
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