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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.

PROPERTY FEATURES

Water Source : City Franchise Sewer Source : Public Sewer Electric : APS
Community Features : No Pool
Parking Features: RV/Boat Parking, >1 Space Per Unit, Common
Cooling: Evaporative Cooling, Ceiling Fan(s) Heating : Electric, Ceiling
Construction Materials: Siding, Frame - Wood
Flooring : Carpet, Vinyl

PROPERTY DETAILS

Street Address: 209 E WADE Lane
City: Payson
State: Arizona
Postal Code: 85541
County: Gila
MLS Number: 6694670
Year Built: 1959
Courtesy of Realty Executives Arizona Territory

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