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.
Price
$275,000
MOGOLLON RIM ADDITION PLAT 5
Gila
6694670
Active
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.
Listing Information
Property Type: Multi-Family, Other
1959
10N//
MOGOLLON RIM ADDITION PLAT 5
Public Sewer
Neighborhood
School Information
Out of Maricopa Cnty
Out of Maricopa Cnty
Out of Maricopa Cnty
Room Information
Interior Features
Vinyl, Carpet
Evaporative, Ceiling Fan(s)
Electric Heating,Ceiling
Exterior / Lot Features
9 Parking Spaces,Common
Composition, Rolled, Hot Mop
104.75 x 125.27 x 104.75 x 125.27
Residential
Driving Directions
Hwy 87 East on McKamey. East to Ponderosa. North to Wade Lane. East on Wade Lane to property on the right.
Financial Considerations
304-04-092
$1,066
Conventional
Listing Price History
Payson Real Estate
Payson is located in Arizona.
Payson, Arizona 85541 has a population of 15,941.
The median household income in Payson, Arizona 85541 is
$49,399.
The median household income for the surrounding county is $46,174
compared to the national median of $66,222.
The median age of people living in Payson 85541 is 48 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
Street Address
City
Beds
Baths
Sold Price
Sold Date
No information is available for recently sold properties within this search.