$235,000
Payson, AZ 85541
MLS# 90137
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Property Description
Great Investment Property! There are two separate homes. One home is a 1966 mobile home that has an add on giving the home three bedrooms and two bathrooms plus a laundry room, screened in porch and has a carport adjoining a roof that covers the entire home. The 2nd home is a 1986 Palm Harbor Manufactured home that has 2 bedrooms and 2 bathrooms with a split floor plan. The property is fenced making it children and pet friendly. There is parking in front of the homes. Both homes are currently occupied by tenants, providing immediate rental income for the savvy investor. With the potential for rental income growth and a solid rental history, this property offers excellent long-term investment potential. Don't miss out on this rare opportunity to own a profitable investment property with two separate homes. No HOA! Please note that this opportunity is for cash buyers only with verification of funds before showing. Please do not disturb tenants.
Details
Maps
Contract Information
Property Sub-Type: Other
List Price: $235,000
Current Price: $235,000
List Date: 2024-04-20
List Type: Exclusive ARS
Foreclosure: No
Location, Tax & Legal
Street #: 115
Direction: W
Street Name: BONITA
Suffix: Street
State: AZ
Zip Code: 85541
Lot #: 9
Area: Payson Southwest
Sub Code: Mogollon Rim Add P4
County: Gila
Zoning: R-3
Taxes: 624.16
Tax Year: 2023
Assessor's Book #: 304
Assessor's Map #: 03
Assessor's Parcel #: 131
APN #: 304-03-131
HOA: No
Legal Description: Lot: 09 Section: 03 Township: 10N Range: 10E SERIAL: 601225 YEAR: 0 MAKE: - MARLETTE SIZE: 12 X 50, SERIAL: AS14916 YEAR: 0 MAKE: - PALM HARBOR SIZE: 16 X 63 LOT 9, MOGOLLON RIM ADDITION PLAT FOUR, PLAT 171SW1/4 SW1/4 SEC 3 T10N R10E = 0.15 ACA/A 2002 1966 12X50 MARLETTE VINN#60125 FEE #2000-14307ATT 2004A/A 2005 1986 16X63 PALM
General Property Description
Acres: 0.15
Lot Dimensions: 101 X 65 M/L
Number of Units: 2
# Parking Spaces: 5
Year Built: 1986
Building Size: 1608
Land Size: 0.15
Warranty Program: No
Remarks & Misc
Directions: Hwy 87 turn West on Bonita to property on the left.
Public Remarks: Great Investment Property! There are two separate homes. One home is a 1966 mobile home that has an add on giving the home three bedrooms and two bathrooms plus a laundry room, screened in porch and has a carport adjoining a roof that covers the entire home. The 2nd home is a 1986 Palm Harbor Manufactured home that has 2 bedrooms and 2 bathrooms with a split floor plan. The property is fenced making it children and pet friendly. There is parking in front of the homes. Both homes are currently occupied by tenants, providing immediate rental income for the savvy investor. With the potential for rental income growth and a solid rental history, this property offers excellent long-term investment potential. Don't miss out on this rare opportunity to own a profitable investment property with two separate homes. No HOA! Please note that this opportunity is for cash buyers only with verification of funds before showing. Please do not disturb tenants.
Status Change Info
Status: Active
Income/Sales Info
Net Operating Income: CLO
Cap Rate: CLO
Down Payment: CLO
Loan Info
1st Assumable: No
Accelerate: No
Must Qualify: Yes
Property Features
Type/Style: Single Level
Garage/Carport: Carport Only; RV Parking
Lot/Street Improvem.: Blacktop Street
Construction: Wood Frame
Siding: Wood
Roof: Asphalt/Comp Shingle
Property Features: Chain Link; Partially Fenced
Exterior Features: Patio; Porch/Deck; Covered Porch/Deck; Screened Porch/Deck; Storage/Utility Shed; Dog Run
Interior Features: Split Floor Plan; Master Main Floor; Vaulted Ceiling
Floor Type: Wood
Floor Covering: Carpeting; Vinyl
Cooling: Evaporative
Heating: Forced Air; Electric
Utilties Available: Electricity; Town of Payson Water; Sewer Hooked In; Alternative Septic Installed; Telephone; Cable TV/Satellite; Internet Hook Up; Trash; Individual Meter
Possession: At Close of Escrow
Included In Rent: Sewer
Owner May Sell/Terms: Cash
Documents on Fle: Legal Description
Leases: Month to Month
Existing Finance Fee: Free & Clear
Management: Owner/Family
Listing Office: REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 1
Last Updated: April - 20 - 2024
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