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209 E Wade Lane, Payson, AZ 85541
$275,000
209 E Wade Lane, Payson, AZ 85541View this property at 209 E Wade Lane, Payson, AZ 85541
209 E Wade LanePaysonAZ85541
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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.
Full Property Details
Full Property Details for 209 E Wade Ln
General
- Price: $275,000
- Taxes: $1,066 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 6694670
- Updated: 4/20/2024
- Added to Site: 27 day(s) ago
Interior
- Flooring: Carpet, Vinyl
Parking
- Covered Spaces: 1
- Total Spaces: 9
- Parking Features: RV/Boat Parking, >1 Space Per Unit, Common
Location
- County: Gila
- Township: 10N
- Subdivision: MOGOLLON RIM ADDITION PLAT 5
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Evaporative Cooling, Ceiling Fan(s)
- Heating Type: Electric, Ceiling
Utilities
- Sewer: Public Sewer
- Water: City Franchise
Structural Information
- # Buildings: 2
- Exterior Const.: Siding, Frame - Wood
- Roof: Composition, Rolled/Hot Mop
- Year Built: 1959
Lot Features
- Lot Dimensions: 104.75 x 125.27 x 104.75 x 125.27
- Frontage: Asphalt
- Zoning: Residential
Financial Considerations
- Tax Amount: $1,066
- Tax Year: 2023
- Terms: Conventional
- Owner Pays: Sewer
- Tenant Pays: Trash Collection, Electricity, Water, Cable TV
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Buyer/Broker Compensation Available: Yes
- Legal Description: LOT 46 LOT 46, MOGOLLON RIM ADDITION PLAT FIVE, PLAT 224SW1/4 SEC3 T10N R10E = 0.30 AC MOGOLLON RIM
- Property ID: 304-04-092
- Range: 10E
- Section: 3
- Lot Number: 46
Listed by Realty Executives Arizona Territory
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Schools
Schools serving 209 E Wade Ln
School District:Payson Unified District
Rating | Name | Grades | Distance |
---|---|---|---|
1 S Green Valley Pkwy, Payson, AZ 85541 | PK-5 | 1.3 mi | |
Payson Elementary School
500 E Rancho Road, Payson, AZ 85541 | K-2 | 1.9 mi | |
304 S Meadow St, Payson, AZ 85541 | 6-8 | 0.5 mi | |
301 S McClain St, Payson, AZ 85541 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 209 E Wade Ln
Date
Details
Price
Change
Source
4/20/2024
Listed
$275,000
57.14%
MLS
12/17/2021
Sold
$175,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 209 E Wade Ln
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,066
3%
$13,930
20%
2022
$1,033
6%
$11,639
19%
2021
$970
4%
$9,799
—
2020
$932
—
$9,799
100%
2020
$932
10%
-100%
2018
$851
7%
$9,154
23%
2017
$793
2%
$7,449
9%
2016
$777
9%
$6,846
1%
2015
$715
-5%
$6,782
18%
2013
$754
—
$5,731
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 209 E Wade Ln
209 E Wade Lane, Payson, AZ 85541 (MLS# 6694670) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 209 E Wade Lane is currently listed for $275,000 and was received on April 20, 2024. Want to learn more about 209 E Wade Lane? Do you have questions about finding other Multi-Family real estate for sale in Payson? You can browse all Payson real estate or contact a Coldwell Banker agent to request more information.