- Save your searches
- Get updates on listings
- Track listings
- Add notes and messages
- Personalize your dashboard
1401 N WOODLAND Drive A, Payson, AZ 85541
Description
Supplements: Wide front windows bring in natural light and create a peaceful "in-the-trees" mountain feel. The ADU (approx. 631 sq ft) includes 1 bedroom, 1 bath, an oversized living room, full kitchen, and its own fireplace -- ideal for rental income, guests, or extended relatives. Both units enjoy private fenced backyards and are connected by an interior door, offering the option to function as one larger residence if desired. Value-Add Opportunity: The property does need fresh interior paint, and one unit may require a new roof. This presents a strong opportunity to build equity through light improvements. Income Potential: Rental inventory in Payson remains limited, with few options under $1,200/month. Two-bedroom homes commonly rent for approximately $1,400/month. Conservative projected combined rents of approximately $2,600/month provide excellent income potential for investors or owner-occupants seeking mortgage offset. A smaller duplex (with 300 fewer total square feet) sold just months ago for $380,000 -- positioning this property competitively within the current market. Located just 2 miles from Banner Payson Medical Center and close to shopping, schools, and town amenities, this property offers strong rental demand and long-term appreciation potential.
More Information MLS# 6986263
Contract Information
Location, Tax & Legal
General Property Description
Legal Info
Special Listing Cond
Construction
Const - Finish
Roofing
Association & Fees
Showing Notification Methods
Lockbox Type
Master Bathroom
Fireplace Features
Dining Area
Heating
Kitchen Features
Cooling
Laundry
Basement
Separate Den/Office
Fencing
Water Source
Spa
Sewer
Parking Spaces
New Financing
Utilities
Existing 1st Loan
Existing 1st Loan Terms
Landscaping
Disclosures
Possession
Association Fee Incl
Assoc Rules/Info
Remarks Misc
Property Features