615 W Main Street, Payson, AZ 85541 (MLS# 89651)

$525,000
615 W Main Street
Payson, AZ 85541
MLS# 89651
Status: Closed
1805 sqft
Front of Cabin
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Front of Cabin IMG_ 20 IMG_ 22 Main Level Office 1 Office 2 Kitchen Back Room Bathroom Apartment Entrance Apartment Bed.Bath 2nd Story Apartment Apartment Closet Apartment Kitchen Apartment Living Apartment View Lower Level Apartment Great Room Lower Level IMG_ 3 Kitchen Lower Level IMG_ 5 IMG_ 6 IMG_ 7 IMG_ 8 Bedroom Bedroom Bedroom Back Deck Back Deck IMG_ 14 IMG_ 15 IMG_ 16 IMG_ 24 IMG_ 25 IMG_ 26 IMG_ 27 IMG_ 17

Property Description
Great investment property on Historic Main Street. Beautiful Log building in excellent condition with 3 rentable units. 2 are residential units and 1 on the main level is commercial. The location is perfect for those that want to be close to schools or green valley park. The one on the main level can be converted to Residential if needed. Plenty of storage, access to front and back decks. Parking is in the rear and has 8 spots. The Main floor is finished with log interior and wood flooring and is currently rented. It has 2 offices, with storage room, a handicap 1/2 bathroom and a kitchen area. It is designated as a commercial rental. The upper apartment unit is a 1 Bedroom with one bathroom, laminate flooring, kitchen and laundry facilities, it is also rented. The second residential rental is on the lower level and is a 2 bedroom, 1 bathroom with kitchen and laundry facilities. All 3 have their own entrances and are on 1 electric meter. The lower level is currently vacant, seller is working on renting it out. All utilities are included with the rents. Must see!

Details
Documents
Status Change Info
Status: Closed
Pending Date: 2024-01-29
Sold Date: 2024-04-01
Sold Price: $525,000
Sold Price/SqFt: 181.03
Sold Type: Sold Non MLS Member
Contract Information
Property Sub-Type: Business & Real Estate
Sold Price: $525,000
Current Price: $525,000
List Price/SqFt: 181.03
List Date: 2024-01-19
List Type: Exclusive ARS
Foreclosure: No
Sale/Lease: Sale
Location, Tax & Legal
Street #: 615
Direction: W
Street Name: Main
Suffix: Street
State: AZ
Zip Code: 85541
Area: Payson Southwest
Sub Code: Payson Townsite
County: Gila
General Property Description
Acres: 0.17
Lot Dimensions: 53x121
# Parking Spaces: 8
Apx SqFt: 2900
Year Built: 2002
Land Size: 7405
Building Size: 1805
# of Tenants: 1 - 4
Vacancy %: 34
Currently Not Used
Total Rooms: 7
Loan Info
1st Assumable: No
Accelerate: No
Must Qualify: Yes
Heating
N/A - Other: Split Systems
Property Features
Location: Borders Undev Land
View: Panoramic
Construction: Log
Siding: Log
Roof: Asphalt Shingle
Property Features: Corners Marked
Exterior Features: Landscaping; Handicap Access
Interior Features: Dual Pane Windows; Smoke Detectors; Refrigerator; Range; Dishwasher; Disposal; Living Quarters; Laundry Room
Floor Type: Wood; Slab
Floor Covering: Wood; Tile
Cooling: Central Air; Electric
Heating: Forced Air; Propane
Utilities Available: Electricity; Propane Piped; Town of Payson Water; Sewer Hooked In; Internet Hook Up; Trash
Possession: Close Of Escrow
Tenant Pays: Cable TV
Documents on File: SPDS; Plat Map
Management: Owner/Family
Form of Ownership: Sole Proprietor
Sale Price Includes: Business; Building; Land; Fixtures; Personal Property; Contracts
Gen Improvement Info: Deposits
Occupancy: Partially Leased
IDX
Listing Office: REALTY EXECUTIVES ARIZONA TERRITORY - PAYSON 3

Last Updated: August - 29 - 2024

All information is deemed reliable but not guaranteed. The listings on this site are displayed courtesy of the IDX program of Central Arizona BOR and may not be the listings of the site owner.

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