Description
This incredible and cash flowing Historic Legal 6-Plex, in Logan Proper and just walking distance from Downtown Logan, is your rare and perfect opportunity to make a move in a rapidly growing investment real estate market. Logan is a briskly expanding suburban area of Salt Lake City, featuring a Division 1 University, thriving industry, and a constant need for housing accommodations! This non-HOA 6-plex boasts both 1 and 2 bedroom units, and long term tenants. With on-site laundry, bus line access, a quiet and safe neighborhood, and a meticulously maintained property, you will not find a better multiunit. The current owner has NOT raised rents to adjust to the sizable increase in rent rates in the area, therefore the cash flowing opportunity here is more substantial than reflected in current rents. Listing Agent is happy to provide current market rent rate comparables!
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7BEDS
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0.34ACRES
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6BATHS
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01/2 BATHS
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3,508SQFT
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$371$/SQFT
School Information
Description
This incredible and cash flowing Historic Legal 6-Plex, in Logan Proper and just walking distance from Downtown Logan, is your rare and perfect opportunity to make a move in a rapidly growing investment real estate market. Logan is a briskly expanding suburban area of Salt Lake City, featuring a Division 1 University, thriving industry, and a constant need for housing accommodations! This non-HOA 6-plex boasts both 1 and 2 bedroom units, and long term tenants. With on-site laundry, bus line access, a quiet and safe neighborhood, and a meticulously maintained property, you will not find a better multiunit. The current owner has NOT raised rents to adjust to the sizable increase in rent rates in the area, therefore the cash flowing opportunity here is more substantial than reflected in current rents. Listing Agent is happy to provide current market rent rate comparables!
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-01-30T15:53:07.033. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.