300 W Frontier Street, Unit 3 Payson, AZ
$ 1,549,000
Property Attributes
  • MLS#5986019
  • TypeMulti-Family
  • CountyGILA
  • CityPayson
  • NeighborhoodFrontier Condominiums
  • Zip85541
  • Style
  • Year Built1985
  • Taxes367
  • Price$ 1,549,000
  • Bedrooms32
  • Full Bathrooms19
  • Half Bathrooms0
  • Sqr Footage12400
Listing Provided Courtesy Of:
Kasten Long Commercial Group
Property Description

This offering includes 19 of 42 condo units consisting of 6 (1X1) and 13 (2X1)units. Vacancy is minimal and income is stabilized with rents increasing offering significant upside in cash flow and value. 16 units have received extensive upgrades over the past two years including new flooring, cabinets, counters, breakfast bars, appliance packages, ceiling fans, and fixtures. Recent site improvements include new roofs and HVAC in 2014. In the pasttwo years the exterior grounds were re-engineered for improved drainage and enhanced appearance, all new walkways were installed and the concrete stair steps were replaced. Upstairs unit landings and entries have had fresh indoor-outdoor carpeting installed and there are all new washers and dryers in the laundry room.

Price History
10/2/2019 Listed $1,549,000

General Features

1 Bedroom Units: Avg Rent 700.00
2 Bedroom Units: Avg Rent 825.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Frame - Wood
Features Play Area
Map Code/Grid C71
Net Income 88083.00
New Financing Conventional, No Carry
Owner Pays Water, Sewer, Trash, Landscaping
Property Type F
School District 000 - Out of Area
Special Owner/Agent
Status Active
Tenant Pays Electric, Cable TV
Unit Number 3
Year Built 1985
Zoning Rental Resident

Interior Features

1 Bedroom Units: # 1 Bedroom Units 6
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 550
2 Bedroom Units: # 2 Bedroom Units 13
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 700
Appliances Included F/S Oven/Range, Refrigerator, Dishwasher, Disposal
Cooling Electric Refrigeratd, Heat Pump
Electric APS
Floors Concrete, Ceramic Tile, Vinyl/Composition
Gas Propane Piped
Heating Electric, Heat Pump
Interior Features Unfurnished, Fire/Smoke Alarm(s), Mini Blinds, Breakfast Bar
Total Number of Units 19.00

Exterior Features

Sale Includes Other (See Remarks)
Const - Finish Painted, Siding
Covered Parking Spcs 0.00
Exterior Features Desert Landscaping, Partially Fenced, Satellite Dish, Cable TV Available, Patio/Balcony, Pet Restrictions, Security Light(s)
Lot Size Dimensions irreg
Parking Paved Parking, >1 Space Per Unit, Add'l Parking Avail, Assigned
Roof Comp Shingle
Sewer Sewer - Public
Total Parking Spcs 60.00
Water City Franchise


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85541

AVG $640K
AVG $469
AVG 39
Year Built
AVG 1982

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