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Sold for $300,000 on 11/01/22
  • $300,000

    316 W Frontier St, Payson, AZ 85541

    3beds
    1,378sqft
    MultiFamily
    Built in 1955
    -- sqft lot
    $334,000 Zestimate®
    $218/sqft
    $1,763 Estimated rent

    What's special

    2 HOMES 4 THE PRICE OF 1! SELLER WILL CARRY! NO HOA! Location, Location, Location! Walking distance to downtown shops and Green Valley Park. Property backs to forest. Both homes are separately metered. Home #1) 2br/1ba (Restored historic home) Currently $1,075/mo Lease thru March *Excellent Rental, AirBnB, Vacation Home, or Both. Home #2) 1br/1ba (Home in the back) $250/mo Perpetual Lease Agreement *Tenant is a friend, nice 71yr old lady who is an excellent caretaker, and is familiar with AirBnB. Seller will carry with 22% down ($89K) 30yr Fixed @ 5.89% = $888.75/mo (on $150K), AND the other $150K deferred (no payment/not payable) until after the 'Perpetual Lease Agreement Tenant' is no longer there (her lease is "for life"). Zestimate is way off as it thinks this is only one home, and has no idea of restoration. Compare this to other duplexes (and this is two separate, not connected homes). **Please Do NOT just stop by or disturb tenants! Tenants rights.**

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Hardwood
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,378 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport
    Features
    • Exterior features: Shingle, Brick
    • Has view: Yes
    • View description: City, Mountain
    Lot
    • Size: 10,454 sqft
    Details
    • Parcel number: 30408036

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1955

    Community & neighborhood

    Location
    • Region: Payson
    Services availability
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