Properties
Scottsdale, AZ 85251 6702 E CHEERY LYNN Road
$1,100,000
0 more
Presented By: ABI Multifamily; 602-714-1400
Home Details
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.
Presented By: ABI Multifamily; 602-714-1400
Interior Features for 6702 E CHEERY LYNN Road
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringOther
Heating Y/NYes
General for 6702 E CHEERY LYNN Road
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityScottsdale
Community FeaturesNo Pool
Construction MaterialsPainted, Block
CoolingCentral Air
CountyMaricopa
DisclosuresNone
ElectricIndividual Meter
Elementary School DistrictScottsdale Unified District
Garage Y/NNo
Gross Income0.0
HeatingCentral
High School DistrictScottsdale Unified District
Lease Considered Y/NNo
Lease Renewal Y/NNo
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total4
Open Parking Spaces8.0
Operating Expense1440.0
OwnerPaysWater
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameHOLIDAY PARK 2
Tax Annual Amount1440.0
Tax Lot40
Tax Year2025
Township2N
Year Built1969
ZoningR-5
Exterior for 6702 E CHEERY LYNN Road
Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions8538
Number of Buildings2
Parking FeaturesPaved, >1 Space Per Unit
Road Surface TypeAsphalt
SpaNo
Total Parking8.0
Water SourceMaster Meter, City Franchise
Additional Details
Price History
