705 W Main St

    Salina, UT 84654
    • $445,900
    • STATUS: Active
    • ON SITE: 134 days
    • ID#: 1509264
    $445,900
    • 18
      BEDS
    • 0.99
      ACRES
    • 18
      BATHS
    • 0
      1/2 BATHS
    • 5,594
      SQFT
    • $80
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:
    Area:

    School Information

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

    Description

    15 unit complex. 13 studios, 1 double unit, and a 3 bedroom unit. All units have been remodeled/updated in the last few years. Great 8% CAP rate, low vacancy, and room to increase rental income. Rates for studios range from $200-450 per unit, 3 bedroom rents for $725, and double unit for $525. Potential for a $1,000 per month increase. Owner pays all utilities except on 3 bedroom unit. Broker has multiple years of P&L. PLEASE DONT DISTURB TENANTS

    Monthly Payment Calculator



    The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2018 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. 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. Data last updated: 2018-07-19T23:36:23.377.
    www.findutahhomesnow.com/homes/81352902

    705 W Main St Salina, UT 84654

    • Price: $445,900
    • Status: Active
    • ID#: 1509264
    18
    Beds
    18
    Baths
    0
    ½ Baths
    0.99
    Acres
    5,594
    SQFT
    $80
    $/SQFT
    1954
    Built
    Neighborhood:
    North Sevier
    County:
    Sevier
    Area:
    North Sevier
    Elementary School:
    Salina
    Middle School:
    North Sevier
    High School:
    North Sevier
    School District:
    Sevier
    Property Description
    15 unit complex. 13 studios, 1 double unit, and a 3 bedroom unit. All units have been remodeled/updated in the last few years. Great 8% CAP rate, low vacancy, and room to increase rental income. Rates for studios range from $200-450 per unit, 3 bedroom rents for $725, and double unit for $525. Potential for a $1,000 per month increase. Owner pays all utilities except on 3 bedroom unit. Broker has multiple years of P&L. PLEASE DONT DISTURB TENANTS
    Exterior Features

    Carport Capacity 1 Driveway Asphalt Exterior Building Materials Brick Garage Capacity 2 Garage Parking Features Detached 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 Parking Capacity 32 Storage GarageBasement Style Studio Apt

    Interior Features

    Floor Coverings Carpet Heating Features Electric

    Property Features

    Additional Information Joint Power MetersLeases: Monthly Amenities Workshop Community Pool No Hoa No Hoa Fee 0 Multifamily Property Type > 4 Units Owner Type Property Owner Pool No Possession Closing Spa No Taxes 1691 Terms CashConventional Utilities Gas: ConnectedPower: ConnectedSewer: ConnectedWater: Connected Water Culinary Water Shares 0.00 Year Remodeled 2009 Yearly Occupancy 95 Zoning Multi-Family

    Listing provided courtesy of Era Brokers Consolidated - Richfield Branch. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2018 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2018 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. 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. Data last updated: 2018-07-19T23:36:23.377.
     
    Exit Realty Success
    1231 West 9000 South, Ste E
    West Jordan UT, 84088