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513 W Frontier Street

Payson, AZ 85541
  • $524,000
  • STATUS: Active
  • ON SITE: 17 days
  • MLS #: 6245894
UPDATED: 43 min ago
$524,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1971
County:
Area:

School Ratings & Info

School District:

Description

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 is installed.

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© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Laughton Team | My Home Group. Data last updated 2021-06-22T11:12:37.387.
www.myphoenixhomesearch.com/homes/117921788
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513 W Frontier Street Payson, AZ 85541

  • Price: $524,000
  • Status: Active
  • Updated: 43 min ago
  • MLS #: 6245894
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1971
Built
County:
Gila
Area:
Payson
School District:
000 - Out of Area
Property Description
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 is installed.
Exterior Features

Construction Block Construction Finish PaintedStucco Covered Parking Spaces 0.00 Exterior Amenities Green LandscapingOther (See Remarks)Partially Fenced Lot Size Dimensions 124'X325'x18.5'X162.5'X105.5'X162.6' Parking >1 Space Per Unit Roads Asphalt Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 484 1 Bedroom Unit Baths 1 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeRefrigerator Cooling 2 Or More UnitsElectric RefrigeratdWindow/Wall Unit Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic TileConcreteVinyl/Composition Heating 2 Or More UnitsElectricIndividual Interior Amenities Fire/Smoke Alarm(S)Unfurnished

Property Features

1 Bedroom Unit Avg Rent 900.00 1 Bedroom Units 4 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 48000.00 Annual Elec Exp 2400.00 Annual Gas Exp 0.00 Annual Ins Exp 3490.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 2400.00 Annual Other Expense 0.00 Annual Ownr Asoc Fee 0.00 Annual Pad Fee 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 900.00 Annual Wtr Swr Exp 4824.00 Community Amenities No Pool Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Aps Gas None Gross Annual Sch Inc 48000.00 Hoa YN No Net Operating Income 43200.00 New Financing ConventionalFhaNo Carry Operating Exp 15628.00 Other Income 0.00 Owner Pays LandscapingTrash CollectionWater Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Provided By Owner Tax Municipality Payson Taxes 1614.00 Tenant Pays Electric Totl Mnth Rntal Inc 4000.00 Vacancy Allowance 0.00 Water City Franchise Zoning C-3

Listing courtesy of Premier Realty Solutions.


© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Laughton Team | My Home Group. Data last updated 2021-06-22T11:12:37.387.
 
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