$1,740,200
$1,820,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 07/15/2021
Key Details
Sold Price $1,740,200
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Lincoln Gardens Condominium
MLS Listing ID 6242359
Sold Date 07/15/21
Maintenance Fees $2,400
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1984
Annual Tax Amount $5,880
Tax Year 2020
Lot Dimensions IRR
Property Description
7-unit value-add rental portfolio for sale in Scottsdale, Arizona. The offering is comprised of seven 2-bed/2-bath units of approximately 1,110 square feet, inside Lincoln Gardens, an 80-unit condominium community resting on approximately 3.75 acres in Scottsdale, AZ, just south of McCormick Ranch. The community was built in 1984 and the exterior was updated in 2021. All units have a full size washer and dryer, dishwasher, self-cleaning oven, and huge pantries. Second story units boast cathedral ceilings with skylights and first story units have sunken living rooms. All units have private balconies, along with extra storage. The community contains a swimming pool, spa, and full covered parking. Nearby attractions include Chaparral Park, Pavilions, Old Town and Scottsdale Fashion Square.
Location
State AZ
County Maricopa
Community Lincoln Gardens Condominium
Zoning R-5
Direction From McDonald - North on 82nd Street. Lincoln Gardens on left at end of street. All units in East building.
Interior
Heating Electric
Cooling Individual, Electric, Ceiling Fan(s)
Flooring Wood
Appliance Dishwasher, Disposal, FS OvenRange, Refrigerator, WasherDryer
Exterior
Garage Assigned
Community Features Barbecue, Spa(s), Pool
Waterfront No
Roof Type Composition, Other, See Remarks
Parking Type Assigned
Total Parking Spaces 14
Building
Sewer Sewer-In & Connected, Public Sewer
Water City Franchise
Schools
Elementary Schools Pueblo Elementary School
Middle Schools Mohave Middle School
High Schools Saguaro High School
School District Scottsdale Unified District
Others
Senior Community No
Tax ID 174-12-488
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Other
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