$1,860,000
$1,860,000
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SOLD DATE : 12/10/2019
Key Details
Sold Price $1,860,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Daryl Estates 2
MLS Listing ID 5855907
Sold Date 12/10/19
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1956
Annual Tax Amount $4,056
Tax Year 2017
Lot Dimensions 20944
Property Description
INCREDIBLE LOCATION! Royal Palms is a 12-unit community in highly desirable Downtown Scottsdale (DTS). ~0.5 acre parcel with R-5 zoning in DT Overlay for FUTURE REDEVELOPMENT. NOTE: 8 of the 12 units are RENT RESTRICTED through LURA until MAY 2025. Neighbors have proven REDEV POTENTIAL. Each unit individually metered for electric and with separate HVAC. STEPS FROM W HOTEL AND ENTERTAINMENT DISTRICT. The property offers residents views of Camelback Mtn, Spacious Floor Plans, Lush Landscaping, and Beautiful Pool. VERY FEW MF OFFERINGS IN DOWNTOWN SCOTTSDALE.
Location
State AZ
County Maricopa
Community Daryl Estates 2
Zoning R-5, DO
Interior
Heating Electric
Cooling Electric
Flooring Wood
Appliance Dishwasher, Disposal, FS OvenRange, Refrigerator
Exterior
Community Features Pool
Waterfront No
Roof Type See Remarks, Composition
Total Parking Spaces 12
Building
Sewer Public Sewer
Water City Franchise
Schools
School District Scottsdale Unified District
Others
Senior Community No
Tax ID 173-38-047-C
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Other
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