Description
Buyer canceled due to financing. This is the one you've been waiting for! This zoned, side by side duplex (so no one is above or below each other) is currently leased for $1,365 on one side and vacant on the other. Perfect to live in one side and rent the other. Tenants have excellent credit in the 700's and have never been late on a payment. Lease goes through August of 2023. Each unit has 2 beds and 1 bath (4 bed, 2 bath total) and there's a fenced side yard, 2 car carport (can be shared by each unit) 2 large sheds/shop space and utilities are also separately metered! The furnace in the vacant unit was just replaced last month along with the evaporative cooler in the occupied unit. Lots of electrical has also been updated, updated plumbing, and both of the breaker boxes for each unit have been updated. The electric meters are also brand new. All of the appliances in the vacant unit are brand new, new cabinets in occupied unit, fridge in the occupied unit is brand new and the other appliances are newer. All of the paint, carpet, and light fixtures are new in each unit as well and the LVP flooring in the vacant unit is also brand new. With so many cosmetic and mechanical updates, this is a turn key opportunity at an affordable price. Seller financing terms are also available with $180K down at 7.65% interest. Payment comes out to apx. $1,780 including taxes and insurance and if the second unit is rented for the same as the first income is $2,730. This leaves $950 per month in cash flow! This is very difficult to find in this market. Payment is an estimate and may fluctuate due to rising taxes or insurance. Cash flow is not guaranteed and does not account for maintenance, vacancy, etc. All information is provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement and perform their own due diligence. Seller is a licensed real estate agent in the State of Utah.
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4BEDS
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0.14ACRES
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2BATHS
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01/2 BATHS
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2,612SQFT
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$163$/SQFT
School Information
Description
Buyer canceled due to financing. This is the one you've been waiting for! This zoned, side by side duplex (so no one is above or below each other) is currently leased for $1,365 on one side and vacant on the other. Perfect to live in one side and rent the other. Tenants have excellent credit in the 700's and have never been late on a payment. Lease goes through August of 2023. Each unit has 2 beds and 1 bath (4 bed, 2 bath total) and there's a fenced side yard, 2 car carport (can be shared by each unit) 2 large sheds/shop space and utilities are also separately metered! The furnace in the vacant unit was just replaced last month along with the evaporative cooler in the occupied unit. Lots of electrical has also been updated, updated plumbing, and both of the breaker boxes for each unit have been updated. The electric meters are also brand new. All of the appliances in the vacant unit are brand new, new cabinets in occupied unit, fridge in the occupied unit is brand new and the other appliances are newer. All of the paint, carpet, and light fixtures are new in each unit as well and the LVP flooring in the vacant unit is also brand new. With so many cosmetic and mechanical updates, this is a turn key opportunity at an affordable price. Seller financing terms are also available with $180K down at 7.65% interest. Payment comes out to apx. $1,780 including taxes and insurance and if the second unit is rented for the same as the first income is $2,730. This leaves $950 per month in cash flow! This is very difficult to find in this market. Payment is an estimate and may fluctuate due to rising taxes or insurance. Cash flow is not guaranteed and does not account for maintenance, vacancy, etc. All information is provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement and perform their own due diligence. Seller is a licensed real estate agent in the State of Utah.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-01-27T11:38:12.777. 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.