1306 N Woodland Drive, Payson, AZ 85541 (MLS# 94336)

Location, Tax & Legal

Street #: 1306
Direction: N
Street Name: Woodland
Suffix: Drive
State: AZ
Zip Code: 85541
Area: Payson Northeast
Sub Code: Rancho Del Tonto
County: Gila
Lot #: 22
Zoning: R3-MH
Taxes: 841
Tax Year: 2025
Assessor's Book #: 302
Assessor's Map #: 41
Assessor's Parcel #: 005
Assessor's Parcl Ltr: C
APN #: 302-41-005C
HOA: No
Legal Description: LOT 22 BLOCK RANCH TRACT B RANCHO DEL TONTO AMD

Contract Information

Property Sub-Type: Other
List Price/SqFt: 329.91
List Type: Exclusive ARS
Foreclosure: No

General Property Description

Acres: 0.2
Lot Dimensions: 92X94X92X94
# Units: 2
# Parking Spaces: 4
Apx SqFt: 876
Year Built: 1988
Vacancy %: 5
Building Size: 876
Land Size: 0.2
Warranty Program: No

Status Change Info

Sold Price/SqFt: 0

Loan Info

1st Assumable: No
Accelerate: No
Must Qualify: No
Cash to Assume: 0
Ttl Pmt after Assmpt: 0

Cooling

N/A - Other: 3 mini splits
Electric Refrig.: Yes

More Information

Heating

N/A - Other: 3 mini splits
Forced Air: Yes
Heat Pump: Yes
Fireplace/Woodstove: Yes
Electric: Yes
Propane: Yes

Homeowner's Assoc

N/A - Other: NO HOA

Remarks & Misc

Directions: Take Hwy 87 North in Payson, turn right (east) on Airline Drive, continue to Woodland Drive, then turn right. The property is on the right.
Public Remarks: Rare investment opportunity. This well-maintained multi-family property features two existing homes on a level 0.20-acre, fully fenced and gated lot zoned R3-MH, allowing up to three homes on the property. Current rental income is $2,200 per month, making this an excellent investment or owner-occupant opportunity. The beautifully landscaped property offers mature shade trees, meadow views, low maintenance, and a quiet neighborhood just minutes from downtown, schools, shopping, and restaurants. The Main House offers approximately 640± sq. ft. plus 225± sq. ft. of covered porches, two new mini-split systems, a newer central propane furnace, and an airtight wood-burning stove. A pristine original 284± sq. ft. insulated 1957 mobile home has been incorporated into stick-built additions creating a bright and comfortable home with a modern eat-in kitchen, spacious living room, large bedroom with built-in wardrobe and drawers, full bathroom, inside laundry, screened porch, and beautiful meadow views. The Guest House/Studio is a stick-built approximately 240± sq. ft. completely remodeled in 2023. It features wood flooring, a new kitchenette and living area, a bedroom large enough for a queen-size bed, ¾ bath, mini-split heating and cooling system, a 15-gallon hot water heater, abundant natural light, and peaceful meadow views. Both homes live much larger than their square footage suggests. Whether you're looking for rental income, multi-generational living, or future development potential, this unique property offers exceptional value. Come experience this charming property tucked away on a quiet, tree-lined street in one of downtown Payson's most desirable neighborhoods.

Income/Sales Info

Net Operating Income: 21,000 - 30,999
Cap Rate: 5 - 7.9%
Down Payment: CLO

Construction

Wood Frame: Yes

Interior Features

Master Main Floor: Yes
Refrigerator: Yes
Range/Oven: Yes
Laundry Area: Yes
Smoke Detector: Yes

Floor Covering

Carpeting: Yes
Tile: Yes
Wood: Yes

Property Features

Chain Link: Yes
Wood Fence: Yes
Security Gate: Yes

Lot/Street Improvem.

Blacktop Street: Yes

Type/Style

Single Level: Yes

Garage/Carport

RV Parking: Yes

Siding

Log: Yes
Wood: Yes

Exterior Features

Covered Patio: Yes
View of Wooded/Trees: Yes
Covered Porch/Deck: Yes
Screened Porch/Deck: Yes
Landscaped: Yes
In the Trees: Yes
Guest Quarters: Yes
Private Yards: Yes

Roof

Asphalt/Comp Shingle: Yes

Possession

At Close of Escrow: Yes

Owner May Sell/Terms

Cash: Yes
1031 Exchange: Yes
N/A - Other: Private Lending

Floor Type

Wood: Yes
Slab: Yes

Fireplace/Woodstove

Woodstove: Yes

Utilties Available

Electricity: Yes
Propane Piped: Yes
Town of Payson Water: Yes
Sewer Hooked In: Yes
Telephone: Yes
Cable TV/Satellite: Yes
Internet Hook Up: Yes
Trash: Yes

Included In Rent

Electric: Yes
Propane: Yes
Water: Yes
Sewer: Yes
Trash: Yes

Documents on Fle

Legal Description: Yes
SPDS: Yes
Plat Map: Yes
Leases: Yes
Security Deposits: Yes

Leases

Weekly: Yes
Month to Month: Yes
6 Month - 1 Year: Yes
No Pets: Yes

Management

Owner/Family: Yes

Existing Finance Fee

Free & Clear: Yes

Property Features

Construction: Wood Frame Siding: Log; Wood Roof: Asphalt/Comp Shingle Property Features: Chain Link; Wood Fence; Security Gate Exterior Features: Covered Patio; Covered Porch/Deck; Screened Porch/Deck; Landscaped; View of Wooded/Trees; In the Trees; Guest Quarters; Private Yards Interior Features: Master Main Floor; Refrigerator; Range/Oven; Laundry Area; Smoke Detector Floor Type: Wood; Slab Floor Covering: Carpeting; Tile; Wood Cooling: Electric Refrig. Heating: Forced Air; Heat Pump; Fireplace/Woodstove; Electric; Propane Utilties Available: Electricity; Propane Piped; Town of Payson Water; Sewer Hooked In; Telephone; Cable TV/Satellite; Internet Hook Up; Trash Possession: At Close of Escrow Included In Rent: Electric; Propane; Water; Sewer; Trash Documents on Fle: Legal Description; SPDS; Plat Map; Leases; Security Deposits Leases: Weekly; Month to Month; 6 Month - 1 Year; No Pets Existing Finance Fee: Free & Clear Management: Owner/Family