209 E WADE Lane Active Save Request In-Person Tour Request Virtual Tour
Payson,AZ 85541
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mogollon Rim Addition Plat 5
MLS Listing ID 6694670
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1959
Annual Tax Amount $1,066
Tax Year 2023
Lot Dimensions 104.75 x 125.27 x 104.75 x 125.27
Property Description
Here is a promising investment opportunity! Having long-term tenants already in place provides a stable income stream, and the flexibility of month-to-month leases offers potential for adjustments as needed. The combination of a site-built home and a mobile home on the property gives you diversity in rental options. The site-built home with its open concept and fenced backyard appeals to those looking for a bit more space and privacy, while the mobile home provides an affordable option with its smaller size. Additionally, the presence of outbuildings like the metal garage/shop area and the outbuilding in the smaller backyard adds further value to the property. Given the current state of the rental market, this property seems well positioned to generate consistent income. If you're making it your own, there's the opportunity to potentially update or customize the properties to suit your preferences. The site built home has a breezeway when you first enter then it opens to a great room concept. The home offers a 1 bedroom, 1 bathroom plus a laundry area. The livable square footage is 750. The large backyard is fully fenced. The mobile home is a 2-bedroom 1 bath home and is 10 x 46 square feet. It also has an outbuilding plus outside storage. You can park your RV or toys on the property. There is NO HOA! The mobile home's posted address is 207 E. Wade Lane. Don't let this opportunity pass you by. Seller is a licensed Real Estate Broker in the State of Arizona. Qualified Buyers Only.
Location
State AZ
County Gila
Community Mogollon Rim Addition Plat 5
Zoning Residential
Direction Hwy 87 East on McKamey. East to Ponderosa. North to Wade Lane. East on Wade Lane to property on the right.
Interior
Heating Electric,Ceiling
Cooling Evaporative Cooling,Ceiling Fan(s)
Flooring Carpet,Vinyl
Appliance F/S Oven/Range
Exterior
Garage RV/Boat Parking,>1 Space Per Unit,Common
Community Features No Pool
Waterfront No
Roof Type Composition,Rolled/Hot Mop
Total Parking Spaces 9
Building
Sewer Public Sewer
Water City Franchise
New Construction Yes
Schools
Elementary Schools Out Of Maricopa Cnty
Middle Schools Out Of Maricopa Cnty
High Schools Out Of Maricopa Cnty
School District Payson Unified District
Others
Senior Community No
Tax ID 304-04-092
Acceptable Financing Conventional
Listing Terms Conventional