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Duplex

$20,000 reduction

Active

70Days on Market

$555,000

$328/sqft+4.4%/yrHome values in the 84604 zip code have grown an average of 4.4% per year over the last 5 years.

$575,000↓$20,000 (3%)Aug 15

Mountain ViewCorner Lot

Price history — protected

Price history is available to our clients. Request access and your agent will reach out.

I'm interested

About This Property

What a great legal duplex with a usual 5.7% CAP rate! Currently top floor is still occupied, basement was emptied out for new flooring and preparing for a new owner. Tenants have previously paid for pay for gas and electric utilities, as they are separate meters. Wifi (google fiber) is paid by owner but reimbursed by tenants, easily an option to have tenants swap the system to their names, but it was easier to leave it running in the owner names and having tenants pay it back. 2024 it got a NEW roof, as well as a new swamp cooler for upstairs. Basement has a nice little AC unit in the window, but you will see it stays nice and cool. Each apartment has their own storage place in the carport, and both units have double entrance/exits. This is a great investment property close to BYU and UVU. Call agent for any questions. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

Property Features

Heating

Forced Air,Gas: Central

Flooring

Hardwood,Tile,Vinyl

Laundry

Electric Dryer Hookup

Interior Features

Basement Apartment,Disposal,Range/Oven: Free Stdng.,Dishwasher: Built-In

Exterior Features

Basement Entrance,Lighting,Patio: Covered,Porch: Open

Parking

Covered,Parking: Uncovered

Unit Breakdown

Type 1

2 bed · 1 bath · Square Feet: 856

$1,700/mo

Type 2

2 bed · 1 bath · Square Feet: 836

$1,700/mo

Total Actual Rent(2 units)

$3,400/mo

Location

Estimated Monthly Payment

$3,128/mo

Down Payment$111,000 (20%)

Principal & Interest$2,815

Property Tax$209/mo

Insurance (est.)$104/mo

Est. Total$3,128/mo

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

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MLS# 2166075• Tax ID: 19-066-0007

Courtesy of Carl Spencer, KW WESTFIELD · 801-616-1244 · spencersre@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.