MLS® ID: 5855907
4525 N 74TH Street
Scottsdale, Arizona, 85251 $1,860,000
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 (see mzliving.com). 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.