REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$289,000

Est. payment - /mo

Save Virtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Rancho Del Tonto Amd

MLS Listing ID 7032647

Year Built 1988

Annual Tax Amount $841

Tax Year 2025

Lot Dimensions .20

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Guest House now OPEN TO SHOW. Multi Family Rental. Two exceptionally well maintained existing homes, large .20 acre flat square lot, zoned R3-MH allowing THREE homes on this property, and there is definitely room for that! Rent revenue is $2200 month. Lot is fully fenced and gated, landscaped with shade trees, and meadow view. A Cap Rate estimate of 9-10%, low maintenance costs, in a great neighborhood, close to downtown and Payson schools. This property at this price will not be on the market for long.
The Main House is 1 BR/1 BA approx. 640± sf with approx. 225± sf covered porches, two new mini splits, a newer(6 yrs)central heat propane furnace, and a wood burning air tight stove. It is a 284± sf restored and updated 1957 insulated mobile home that has been incorporated into a stick built home with an eat-in modern kitchen, large living room, lots of light, large bedroom with built in wardrobe and drawers, inside washer/dryer, a full bath, a meadow view, and an attached screened in porch.
The Guest House/Studio is stick built. Remodeled in 2023, with wood flooring, new kitchenette/ living room area, bedroom large enough for a Queen bed, and a 3/4 bath. This Tiny Home approx. 240 has electric mini split heat and A/C, 19 gal HWH, lots of light with a bedroom window view of the meadow.
Both homes ''live'' larger than their sqft. Must see this property to appreciate. Welcome to the neighborhood in the trees on this quiet back street in downtown Payson.

Location

State AZ

County Gila

Community Rancho Del Tonto Amd

Area Gila

Zoning R3-MH

Direction Payson Hwy 87 North to Airline, east to Woodland drive to property on right

Interior

Heating Other, Heat Pump, Electric, Propane

Cooling Other, Electric

Flooring Carpet

Appliance Refrigerator, Free-Standing Electric Oven

Exterior

Parking Features Free

Community Features See Remarks

Roof Type Composition

Private Pool No

Building

Sewer Sewer-In & Connected

Water City Franchise

New Construction No

Schools

Elementary Schools Payson Elementary School

Middle Schools Rim Country Middle School

High Schools Payson High School

School District Payson Unified District

Others

Senior Community No

Tax ID 302-41-005-C

Disclosures Seller Prop Disc Stm

Virtual Tour https://socialboost-production.s3.us-west-2.amazonaws.com/462bee9cdb3e872aafde4a0ae2b5d14439a5a442f198b56e7e167c4eb7ddb188.mp4

Read Less Info

Listed by ERA-Young Realty & Investment • Marty Carpenter

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

Get more info from a local expert!

Serving Southern California

Customized quick search tools to explore nearby zip codes, cities, and neighborhoods in your favorite destinations

There are 30 quick searches

Serving Arizona

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

1306 N WOODLAND Drive Payson, AZ 85541