$ 950,000
-
$950,000
Price -
3
Bed -
2
Bath -
0
SqFt
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About the Listing abim01 - md1058
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 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.
Listing Highlights
Status
Active
Days on Site
3
Property Type
Multi-Family
MLS ®
6971987
Year Built
1960
Total Square Footage
0
Lot/Acreage
N/A
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Master Meter,City Franchise
Exterior Details
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer: Public Sewer
- Parking Features: Paved,>1 Space Per Unit
Financial Details
- Tax Amount: $1,105
- Taxes w/Assessments: N/A
- Tax/Property ID: 130-47-083
- Tax Year: 2025
Payment Calculator
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Questions About..
6644 E Cheery Lynn Rd Scottsdale, AZ 85251
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