About The Property

Please note this property's low income restriction is set to expire on March 9, 2026. 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 all (4) 2-bed / 1-bath units. Community amenities include a courtyard space and ample parking.
Courtesy of ABI Multifamily 602-714-1400
Listing Snapshot
Days Online
72
Last Updated
Property Type
Multiple Dwellings
Year Built
1969
MLS Number
6971977
M. Logan
Top 2% performing AZ broker
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Additional Details

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Appliances & Equipment
"Refrigerator", "Free-Standing Electric Oven"
Building
Built in 1969, 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: $1,440, Lot: 40
Utilities
"Individual Meter"
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30 Days Snapshot Of 85251
$941k
-26%
(avg) sold price
52
+48%
homes sold
90
-16%
(avg) days on market
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Monthly Payment
$0

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