4371 S Highland Dr

    Holladay, UT 84124
    • $650,000
    • STATUS: Active
    • ON SITE: 120 days
    • ID#: 1616465
    UPDATED: 15 min ago
    $650,000
    • 7
      BEDS
    • 0.24
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,240
      SQFT
    • $290
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1931
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    EXCELLENT MULTI FAMILY INVESTMENT W/NET ZERO ENERGY (is a net contributor to the grid with effectively NO UTILITY ENERGY COSTS. GROSS INCOME $48k/yr, all utility expense: $756/yr. Prop Tax: $2878. NET INCOME: $44,366 = 6.8% CAP RATE. Two extensive SOLAR ARRAYS provide covered parking. Electric car charging on site. The 2,240 sq ft / 1,120 sq ft on each level has been updated with the highest quality highly efficient systems. Zoning is multi family. Current use upstairs is office with equivalent of 4 bedrooms and two bathrooms with a shower. Downstairs is 3 bedrooms, a bath and an open area and full kitchen. Great Traffic (18,000/day) and visibility on Highland Dr in Holladay. Zoned for 16 units per acre, 3 possible residential units on parcel. Handicap Access, Parking, and quick access to I-215 and I-15. A great multi family investment or business location. Note, not all bedrooms currently have closets. Property is a legal non-conforming office use for a conversion completed under Holladay City in multifamily RM zone. Note photos. Excellent office or muli-family owner user or investment opportunity.

    Monthly Payment Calculator



    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2019-11-13T15:36:09.277. 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.
    www.findutahhomesnow.com/homes/96888100

    4371 S Highland Dr Holladay, UT 84124

    • Price: $650,000
    • Status: Active
    • Updated: 15 min ago
    • ID#: 1616465
    7
    Beds
    3
    Baths
    0
    ½ Baths
    0.24
    Acres
    2,240
    SQFT
    $290
    $/SQFT
    1931
    Built
    Neighborhood:
    Holladay; Millcreek
    County:
    Salt Lake
    Area:
    Holladay; Millcreek
    Elementary School:
    Driggs
    Middle School:
    Olympus
    High School:
    Olympus
    School District:
    Granite
    Property Description
    EXCELLENT MULTI FAMILY INVESTMENT W/NET ZERO ENERGY (is a net contributor to the grid with effectively NO UTILITY ENERGY COSTS. GROSS INCOME $48k/yr, all utility expense: $756/yr. Prop Tax: $2878. NET INCOME: $44,366 = 6.8% CAP RATE. Two extensive SOLAR ARRAYS provide covered parking. Electric car charging on site. The 2,240 sq ft / 1,120 sq ft on each level has been updated with the highest quality highly efficient systems. Zoning is multi family. Current use upstairs is office with equivalent of 4 bedrooms and two bathrooms with a shower. Downstairs is 3 bedrooms, a bath and an open area and full kitchen. Great Traffic (18,000/day) and visibility on Highland Dr in Holladay. Zoned for 16 units per acre, 3 possible residential units on parcel. Handicap Access, Parking, and quick access to I-215 and I-15. A great multi family investment or business location. Note, not all bedrooms currently have closets. Property is a legal non-conforming office use for a conversion completed under Holladay City in multifamily RM zone. Note photos. Excellent office or muli-family owner user or investment opportunity.
    Exterior Features

    Carport Capacity 10 Frontage Facing W Length In Feet Of Back Of Property 0.0 Length In Feet Of Front Of Property 0.0 Length In Feet Of Side Of Property 0.0 Style Up And Down

    Property Features

    Community Pool No Gross Operating 48000 Hoa No Hoa Fee 0 Multifamily Property Type Duplex Owner Type Property Owner Pool No Possession Negotiable Spa No Taxes 2878 Water Shares 0.00 Year Remodeled 2012 Zoning Code Rm

    Listing provided courtesy of Colliers International Intermountain Llc (Wasatch). Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2019 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2019-11-13T15:36:09.277. 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.
     
    Exit Realty Success
    1231 West 9000 South, Ste E
    West Jordan UT, 84088