3751 S Redmaple Rd EMillcreek, UT 84106

Description

Great investment opportunity! This well-cared-for property offers an excellent opportunity for an investor looking to build or expand a rental portfolio. Even better, this property is part of a larger offering that includes three duplexes and a fourplex. That's 10 total units that can be purchased together. For an owner-occupant, this can be a great way to become a property owner while having other tenants help offset the mortgage payment. Great condition. Newer kitchens, windows, flooring, paint, etc. Each unit is currently renting for $1,600 per month. Market rent is $1,700 per month per unit, giving a Gross Rent Multiplier of 191 and a CAP Rate of 6.28. Whether you're looking for a single investment property or interested in acquiring the entire 10-unit portfolio, this is an opportunity worth exploring. See MLS #2188578 for 791 E Whitemaple Way, #2188573 for 1324 E 4170 S, and #2188566 for 180 E Baird Ave. Call Agent for Showing Appointments. Do not disturb tenants!

Property Information

Property type

Residential

Sub-type

Duplex

Style

Side By Side

Year built

1969

Living area

1,622 Sq Ft

Lot size

0.20 acres

Lot dimensions

0.0x0.0x0.0

Parking spaces

10

Zoning

Multi-Family

Days on market

11

MLS^® Listing#

2188570

Property Features

Appliances

Disposal · Microwave · Refrigerator

Cooling

None

Heating

Central · Natural Gas · Forced Air

Flooring

Carpet

Parking

Covered

Laundry

Electric Dryer Hookup

Patio

Patio · Porch

Fencing

Partial

Construction

Brick

Roof

Rubber · Membrane

Windows

Window Coverings · Blinds · Double Pane Windows

Other structures

Outbuilding

Utilities

Natural Gas Available · Natural Gas Connected · Electricity Connected · Sewer Connected · Water Connected

Sewer

Public Sewer

Schools

Elementary

Lincoln

Middle

Evergreen

High

Olympus

Financial Details

HOA

None

Annual taxes

$4,116

Parcel number

16-32-158-005