Great investment property in the cool pines of Payson, Arizona. Recently upgraded 4-plex with 4, 1 bedroom, 1 bath luxury apartments, all rented with plenty of land to add more units. Property borders both Frontier St. and Historic Main St. Zoned C-3 for additional commercial business options. Storage building may be changed to a laundry facility with the proper upgrades approved by the Town of Payson. New roof installed.
Off market
$560,700
513 W Frontier St, Payson, AZ 85541
--beds
0baths
1,936sqft
MultiFamily
Built in 1971
-- sqft lot
$560,700 Zestimate®
$290/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other
Features
- Smoke Detector, Refrigerator, Range/Oven, Master Main Floor, Dual Pane Windows
Interior area
- Total interior livable area: 1,936 sqft
Property
Lot
- Size: 0.55 Acres
Details
- Parcel number: 30406240
Construction
Type & style
- Home type: MultiFamily
Materials
- concrete
- Roof: Shake / Shingle
Condition
- Year built: 1971
Community & neighborhood
Location
- Region: Payson
Other
Other facts
- Income/Sales Info: Net Operating Income: 21, 000 - 30, 999
- Cooling: Individual A/C
- Construction: Block
- Floor Covering: Tile
- Interior Features: Smoke Detector, Refrigerator, Range/Oven, Master Main Floor, Dual Pane Windows
- Owner May Sell/Terms: Cash, Conventional, FHA
- Included In Rent: Water, Sewer
- Roof: Asphalt/Comp Shingle
- Lot/Street Improvem: Blacktop Street
- Utilties Available: Electricity, Town of Payson Water, Sewer Hooked In
- Type/Style: Single Level
- Property Features: Partially Fenced, Wood Fence, Chain Link, Wire Fence
- Possession: At Close of Escrow
- Leases: Weekly, Month to Month
- Floor Type: Slab
- List Type: Exclusive ARS
- Property Sub-Type: Four Plex
- Income/Sales Info: Down Payment: CLO
- Exterior Features: Dog Run, Storage/Utility Shed, RV Hook Up
- Garage/Carport: RV Parking
- Income/Sales Info: Cap Rate: 5 - 7.9%
- Status: Pending
- Siding: Stucco
- Management: Manager
- County: Gila
- Assessor's Parcel #: 240
- Sub Code: Payson Townsite
Services availability
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