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$275,000   Price Analysis
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209 E Wade Ln
Payson, AZ 85541
Unknown bed 0 bath unknown SqFt ($0/SqFt)
Built 1959
Listed 2024-04-20, Taxes $1,032
USDA Eligible
near Payson, AZ
 

Here is a promising investment opportunity!

Having long-term tenants already in place provides a stable inco me stream and the flexibility of month-to-month leases offers potential for adjustments as needed. The combination of a sit-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 extraordinary 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.


Presented by Maureen Buchanan at
Realty Executives Arizona Territory.
Listing Agent Photo

Property MLS #6694670 from ArizonaRegionalMLS

Total Bathrooms: 0

F/S Oven/Range

Cooling Features: Evaporative Cooling, Ceiling Fan(s)
Heating Features: Electric, Ceiling
Heating: Yes

Flooring: Carpet, Vinyl

Road Frontage Type: Asphalt

Lot Size Dimensions: 104.75 x 125.27 x 104.75 x 125.27

Parking Total: 9

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Out of Maricopa Cnty
High School: Out of Maricopa Cnty
Middle School: Out of Maricopa Cnty
School District: Payson Unified District

Rim Country Middle School is a public middle school located approximately 0.5 miles away.
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Payson High School is a public high school located approximately 0.7 miles away.
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Payson Community Christian School is a private elementary and middle school located approximately 0.4 miles away.
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Julia Randall Elementary School is a public elementary school located approximately 1.3 miles away.
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Community Features: No Pool

Annual Tax Amount: 1066
Source Listing Status: Active
County: Gila
Directions: Hwy 87 East on McKamey. East to Ponderosa. North to Wade Lane. East on Wade Lane to property on the right.
Tax Year: 2023
Source Property Type: Multiple Dwellings
Source Neighborhood: MOGOLLON RIM ADDITION PLAT 5
Owner Pays: Sewer
Parcel Number: 304-04-092
Postal Code Plus 4: 5149
Subdivision: MOGOLLON RIM ADDITION PLAT 5
Zoning: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$6,086 + $3,713
$9,799
$1,032
2021$6,086 + $3,713
$9,799
$969
2020$6,086 + $3,713
$9,799
$931
2018$5,441 + $3,713
$9,154
$850
2017$5,224 + $2,225
$7,449
$793
2016$4,621 + $2,225
$6,846
$776
2015$4,310 + $2,472
$6,782
$715
2014$3,800 + $1,931
$5,731
$742
2013$3,800 + $1,931
$5,731
$754
2012$4,008 + $1,931
$5,939
$684
2011$4,008 + $1,931
$5,939
$777
2009$5,760 + $1,931
$7,691
$631
2008$5,852 + $1,931
$7,783
$627
2007$5,162 + $1,931
$7,093
$595

Listed 2024-04-20
$275,000
ArizonaRegionalMLS
Listed 2024-04-18
$275,000
CentralArizona
Listing removed 2022-01-01
$0
CentralArizona
Sold 2021-12-20
$175,000
CentralArizona
Listed 2021-11-10
$220,000
CentralArizona
Sold 2009-08-21
$50,000
Public Record

Year Built: 1959
Building Exterior Type: Siding, Frame - Wood
Construction Materials: Siding, Frame - Wood
Property Age: 65
Roof: Composition, Rolled/Hot Mop

Sewer: Public Sewer
Water Source: City Franchise
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.