AZ > Payson > Mogollon Rim Addition Plat 5
Payson, AZ 85541,209 E WADE Lane
Payson, AZ 85541,209 E WADE Lane
Payson, AZ 85541,209 E WADE Lane
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Kodi Riddle

Kodi Riddle

+1(480) 624-8019
$255,000
Est. payment /mo
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UPDATED:

10/15/2024 11:40 PM

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

Parking Features RV/Boat Parking, >1 Space Per Unit, Common

Community Features No Pool

Roof Type Composition,Rolled/Hot Mop

Total Parking Spaces 9

Building

Sewer Public Sewer

Water City Franchise

New Construction No

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

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Arizona Regional MLS (ARMLS)

Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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Kodi Riddle

+1(480) 624-8019

Associate Broker / Owner | License ID: BR514965000

Associate Broker / Owner License ID: BR514965000

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209 E WADE Lane