209 E WADE Lane Payson, AZ $ 275,000
209 E WADE Lane
$ 275,000
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209 E WADE Lane

Payson, AZ, 85541
$ 275,000
Baths0.0

Monthly Estimate*

$ 1,828

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Studio

Multi-Family Home for sale in Payson, AZ

for $275,000. This home was built in 1959.

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.

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Multi-Family Active

Price

$ 275,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,066

Style

Multiple Dwellings

Year Built

1959

Town/City

Payson

County/Region

Gila

MLS | Web ID

6694670

Features
General
Sewer Public Sewer
Heating Electric Ceiling
Cooling Evaporative Cooling Ceiling Fan(s)
Roof Composition Rolled/Hot Mop
Zoning Residential
Construction Materials Siding Frame - Wood
Year Built 1959
Electric APS
Tenant Pays Trash Collection Electricity Water Cable TV
Township 10N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 0.0
Community Features No Pool
County Gila
Net Operating Income 0.0
Operating Expense 1066.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name MOGOLLON RIM ADDITION PLAT 5
Garage Y/N N
Status Active
Directions Hwy 87 East on McKamey. East to Ponderosa. North to Wade Lane. East on Wade Lane to property on the right.
High School Out of Maricopa Cnty
City Payson
Buyer Agent Compensation 3.00
Disclosures Seller Prop Disc Stm
View Y/N N
High School District Payson Unified District
Open Parking Spaces 8.0
Total Units 2
Lot Size Square Feet 0.0
Carport Y/N N
Street Name WADE
Elementary School Out of Maricopa Cnty
Tax Annual Amount 1066.0
Middle/Junior High School Out of Maricopa Cnty
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.tourfactory.com/idxr3144781
Days on Market 35
Standard Status Active
Elementary School District Payson Unified District
Tax Lot 46
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community N
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Interior
Flooring Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Lane
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features RV/Boat Parking >1 Space Per Unit Common
Water Source City Franchise
Total Parking 9.0
Lot Size Area 0.0
Number of Buildings 2
Spa N
Lot Dimensions 104.75 x 125.27 x 104.75 x 125.27
Lot Size Acres 0.0
Road Surface Type Asphalt
Covered Spaces 1.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 209
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* Excluded Features
List By
Realty Executives Arizona Territory

Broker

GoPaysonAZ@gmail.com

Email

Affordability Calculator

$1,917
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,828
Monthly Property Taxes
$89
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4328037 Elementary School
4327256 Middle School
Out of Maricopa Cnty High School High School
Pricing History
DatePricePrice ChangeDescription
4/20/2024$275,000 Listed Price

Map


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209 E WADE Lane, Payson, AZ, 85541 is a Multi-Family Home for sale at $275,000. 209 E WADE Lane is a studio with 0.0 baths and was built in 1959. The property's zip code is 85541 which is in Payson, AZ