This unique property in Chino Valley, Arizona, offers exceptional potential for investors looking to capitalize on residential or commercial opportunities. Situated on a sizable lot with the possibility of future commercial zoning conversion, this property is a prime candidate for various development projects. Currently, the property features three residences: Main House: A spacious 4-bedroom, 2-bathroom home, ideal for family living or long-term tenants. Second Home: A cozy 2-bedroom, 1-bathroom dwelling perfect for additional rental income or a guest house. Garage Apartment: Third home: Above the large garage, a 1-bedroom, 1-bathroom apartment provides extra rental potential or a private living space for caretakers or guests. Other key features of the property include: One shared well: Serving the entire property, ensuring water availability for all units. Two septic systems: Separately servicing the residences, providing efficient waste management solutions. This property's flexible layout, combined with its zoning potential, makes it an excellent choice for those seeking long-term investment returns. Whether you are looking to develop the land commercially, or continue utilizing the existing buildings, this opportunity in Chino Valley is one you won't want to miss.
| 6 days ago | Listing updated with changes from the MLS® | |
| 6 days ago | Price changed to $690,000 | |
| a week ago | Listing first seen on site |
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