Payson, AZ 85541,603 S COLCORD Road
Payson, AZ 85541,603 S COLCORD Road
Payson, AZ 85541,603 S COLCORD Road
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$445,000
Est. payment /mo
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5 Beds
4 Baths
2,880 SqFt
New

603 S COLCORD Road Payson, AZ 85541

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Key Details

Property Type Condo, Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $154

Subdivision Mogollon Rim Addition Amended

MLS Listing ID 6871957

Style Other

Bedrooms 5

HOA Y/N No

Year Built 1985

Annual Tax Amount $1,996

Tax Year 2024

Lot Size 7,497 Sqft

Acres 0.17

Property Sub-Type Apartment

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Investment opportunity awaits! This fourplex sits on .17 acre lot, with three units currently rented. The fourth unit is unfinished, offering a buyer chance to complete to their specifications. A second adjacent .17 parcel is included in the sale and must be purchased together. This parcel currently has a 1960 mobile home (considered to have no value and will need to be removed), but it offers significant potential for additional development-ideal for adding more apartment units or expanding your investment portfolio.

Location

State AZ

County Gila

Community Mogollon Rim Addition Amended

Direction From Hwy 87 turn west to Main St. North onto Colcord Road, in .2 mi property will be on your right.

Rooms

Den/Bedroom Plus 5

Separate Den/Office N

Interior

Interior Features Eat-in Kitchen, Breakfast Bar, 3/4 Bath Master Bdrm

Heating Mini Split, Electric

Cooling Central Air, Ceiling Fan(s), Mini Split, Window/Wall Unit

Flooring Carpet, Laminate, Linoleum

Fireplaces Type None

Fireplace No

Window Features Skylight(s)

Appliance Electric Cooktop

SPA None

Exterior

Parking Features Circular Driveway

Fence Block, Chain Link

Pool None

Roof Type Composition

Private Pool No

Building

Lot Description Gravel/Stone Front, Gravel/Stone Back

Story 2

Builder Name Unknown

Sewer Public Sewer

Water City Water

Architectural Style Other

New Construction No

Schools

Elementary Schools Payson Elementary School

Middle Schools Rim Country Middle School

High Schools Payson High School

School District Payson Unified District

Others

HOA Fee Include No Fees

Senior Community No

Tax ID 304-03-038

Ownership Fee Simple

Acceptable Financing Cash, Conventional, 1031 Exchange

Horse Property N

Listing Terms Cash, Conventional, 1031 Exchange


Arizona Regional MLS (ARMLS)
Listed by Coldwell Banker Bishop Realty

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agent

Alexander Prewitt

Team Leader | License ID: SA641140000

+1(520) 237-8411

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603 S COLCORD Road