106 W 250 S photo 1
1 / 36
> 4 Units
Active
180Days on Market

$1,200,000

$276/sqft
RV Parking

Price history — protected

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About This Property

Excellent multi-family investment opportunity situated on 0.80 acres in Wellington. This well-maintained property offers strong rental income with room for long-term appreciation. Each unit rents for $850 per month Tenants pay $110 per month in utility reimbursement to the owner's property manager for Wellington City utilities (water & garbage) Tenants place Rocky Mountain Power and Enbridge Gas in their own names, reducing owner utility exposure. Newer stucco exterior and asphalt driveway. 8 units have received updates within the past 3 years, including: 8 Central Air Units New carpet, Fresh interior paint, Updated cabinets (in select units). Washer and dryers are tenant-owned. 4 video walkthroughs of different units available upon request. Please do not disturb the tenants. This property presents a solid opportunity for investors seeking stabilized cash flow with improved exterior and interior updates already completed. In addition to this property, the seller owns two adjacent 4-plexes and would prefer to sell all four buildings as a package. This offering includes a total of 16 units with a combined purchase price of $2,200,000. Square footage figures are provided as a courtesy estimate only and were obtained from Carbon County . Buyer is advised to obtain an independent measurement.

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Property Features

Heating

Forced Air,Gas: Central

Flooring

Carpet,Linoleum,Vinyl

Laundry

Electric Dryer Hookup

Exterior Features

Lighting

Parking

Parking: Uncovered,Rv Parking

Unit Breakdown

Type 1

3 bed · 1 bath · Square Feet: 1008

$850/mo

Type 2

3 bed · 1 bath · Square Feet: 1088

$850/mo

Type 3

3 bed · 1 bath · Square Feet: 1008

$850/mo

Type 4

3 bed · 1 bath · Square Feet: 1008

$850/mo

Total Actual Rent(4 units)

$3,400/mo

Location

Estimated Monthly Payment

$6,547/mo

Down Payment$240,000 (20%)
Principal & Interest$6,086
Property Tax$236/mo
Insurance (est.)$225/mo
Est. Total$6,547/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

Generic estimate. Create an account to enter your down payment, rate, and cash on hand for a number tailored to you.

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MLS# 2139858• Tax ID: 1B-0231-0011

Courtesy of Carla Saccomano, RE/MAX Bridge Realty · 435-637-7900 · sacc316@gmail.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.

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Estimated Monthly Payment

$6,547/mo

Down Payment$240,000 (20%)
Principal & Interest$6,086
Property Tax$236/mo
Insurance (est.)$225/mo
Est. Total$6,547/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

Generic estimate. Create an account to enter your down payment, rate, and cash on hand for a number tailored to you.

Create account & personalize

MLS# 2139858• Tax ID: 1B-0231-0011

Courtesy of Carla Saccomano, RE/MAX Bridge Realty · 435-637-7900 · sacc316@gmail.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.

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Schools

Elementary

Wellington

Middle School

Mont Harmon

High School

Carbon