1884 E Shepard LnLake Point, UT 84074

Description

Rare Lake Point duplex on 1.10 acres with mountain views, horse property rights, and no HOA. Major improvements include a new roof in 2019, a new furnace and well motor in 2022. Each unit features a one-car garage, central air, Kinetico-filtered drinking water, and a walkout unfinished basement with a separate exterior entrance, offering future expansion potential. Annual gross income is approximately $48k, with a reported 2025 NOI of $40k. Both units are leased through 2027. The sale includes culinary and irrigation water rights (1.53 WA combined). Conveniently located near I-80 and approximately 25 minutes from Salt Lake City. May be purchased with the nearby 0.18-acre buildable lot. Buyer to verify all information.

Property Information

Property type

Residential

Sub-type

Duplex

Style

Stories: 1

Year built

2001

Living area

3,000 Sq Ft

Lot size

1.10 acres

Lot dimensions

0.0x0.0x0.0

Garage spaces

2

Parking spaces

2

Zoning

Multi-Family

Days on market

71

MLS^® Listing#

2176199

Property Features

Appliances

Dishwasher · Disposal · Oven · Range · Microwave · Refrigerator

Cooling

None

Heating

Central · Natural Gas · Forced Air

Flooring

Carpet · Tile

Parking

Attached · Garage

Laundry

Electric Dryer Hookup

Construction

Brick · Frame · Aluminum Siding

Roof

Asbestos Shingle

Windows

Window Coverings · Blinds · Double Pane Windows · Bay Window(s)

Utilities

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

Schools

Elementary

Old Mill

Middle

Tooele

High

Stansbury

Financial Details

HOA

None

Annual taxes

$3,653

Parcel number

10-027-C-0018