301 W Wade Ln, Payson, AZ 85541

$390,000

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Sold Price
$390,000
List Price
$425,000
Region
Payson Southwest
Subdivision
Greer Sub
Roof
Asphalt
Year Built
1980
Days on Market
52
Status
CLOSED

Property Description

Discover a fantastic investment opportunity in the heart of Payson, Arizona! This well-maintained duplex, built with solid slump block construction, is a clean, turnkey property in excellent condition—a true gem for income seekers. Featuring two 2-bedroom, 1-bath units, each renting for $1,550 per month, this duplex is a quiet, reliable cash cow. Payson is a charming mountain town that offers an unbeatable quality of life, making this property even more appealing. Nestled in the cool pines at 5,000 feet elevation, Payson boasts mild four-season weather, perfect for outdoor enthusiasts. With world-class hiking, fishing, and camping in the nearby Tonto National Forest and Mogollon Rim, adventure is always at your doorstep. The vibrant community hosts lively events like the Arizona State Rodeo, farmers' markets, and festivals, fostering a warm, small-town vibe. This duplex is ideally located just steps from Main Street's quaint shops, restaurants, and theater, with schools, parks, a library, and a dog park all nearby. It's a walkable, central spot that tenants love for its convenience and access to Payson's best amenities. Whether you're supplementing retirement income or building your portfolio, this property is a smart choice in a town known for its natural beauty, friendly atmosphere, and growing appeal. Requires 48 hours' notice for viewings. Don't miss out on this Payson treasure!

Additional Information

Acres
0.21
Cooling
Evaporative Cooling, Window/Wall
Garage Description
Carport, Attached
Heating
Electric
Interior Features
Refrigerator, Range/Oven
Taxes
$1,626

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Calculator source: Real Geeks

Listing courtesy of Delex Realty, LLC. Selling Office: .