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

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. Beautifully landscaped with mature shade trees and peaceful meadow views, this low-maintenance property is tucked away in a quiet neighborhood just minutes from downtown Payson, schools, shopping, and restaurants. The Main House, currently rented, offers approximately 640± sq. ft. plus 225± sq. ft. of covered porches. Originally built around a pristine, insulated 1957 mobile home (approximately 284± sq. ft.), thoughtfully integrated into stick-built additions, it features a bright eat-in kitchen, spacious living room, large bedroom with built-in wardrobe and drawers, full bathroom, inside laundry, screened porch, and beautiful meadow views. Recent upgrades include two new mini-split systems, a newer central propane furnace, hot water heater, and an airtight wood-burning stove. The Guest House/Studio is a stick-built home offering approximately 240± sq. ft., completely remodeled in 2023. It features wood flooring, a modern kitchenette, comfortable living area, bedroom large enough for a queen-size bed, ¾ bath, mini-split heating and cooling, a 15-gallon water heater, abundant natural light, and peaceful meadow views. Both homes live much larger than their actual square footage. Whether you're seeking immediate rental income, a multi-generational living arrangement, or the opportunity to add a third home, this unique property offers exceptional flexibility and value. Don't miss this rare opportunity to own an income-producing property with future development potential in one of downtown Payson's most desirable neighborhoods.

To Show

Text/Call Listing Agent

Yes

Construction

Wood Frame

Yes

Style

Single Level

Yes

Cabin

Yes

Interior Features

Master Main Floor

Yes

Smoke Detector

Yes

Guest Quarters

Yes

Parking Features

RV Parking

Yes

Floor Covering

Wood

Yes

Carpeting

Yes

Tile

Yes

Lot/Street Improvem.

Blacktop Street

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

Kitchen Features

Refrigerator

Yes

Electric Range

Yes

Microwave

Yes

Breakfast Bar

Yes

Eat-in

Yes

Roof

Asphalt/Comp Shingle

Yes

Utilities Available

Electricity

Yes

Piped Propane

Yes

Town of Payson Water

Yes

Sewer Hooked In

Yes

Telephone

Yes

Cable TV/Satellite

Yes

Internet Hook Up

Yes

Trash

Yes

Fencing

Chain Link

Yes

Wood Fence

Yes

Security Gate

Yes

Water Heater

Electric

Yes

Two or More

Yes

Sub Floor Type

Wood

Yes

Slab

Yes

Possession

At Close of Escrow

Yes

Owner May Sell/Terms

Cash

Yes

1031 Exchange

Yes

N/A - Other

Private Lending

Dining Room

Kitchen-Dining Combo

Yes

Laundry

Washer

Yes

Dryer

Yes

Utility Room

Yes

Cooling

Electric Refrig.

Yes

Split System

Yes

Other Rooms

Foyer/Entry

Yes

In Law Quarters

Yes

Fireplace/Woodstove

Woodstove

Yes

Property Features