272 N CENTER ST photo 1
1 / 12
> 4 Units
$176,000 reduction
Active
40Days on Market

$2,199,000

$310/sqft+3.3%/yrHome values in the 84003 zip code have grown an average of 3.3% per year over the last 5 years.

$2,375,000↓$176,000 (7%)Aug 18

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About This Property

I'm interested

$175,000 price drop. Come get it before it's gone! 8-Plex | Center St, American Fork Yeah - it's that one. The white 8-plex on Center Street everyone drives past and and says "I'd love to own that one day" well, Here's your chance. All units are rented and we have $136,104 projected gross rent coming in for the next 12 months. Five of eight units fully updated (We are talking torn down the studs and completely remodeled, cabinets, flooring, fixtures, counter tops, EVERYTHING! Off-street parking. Storage unit for every tenant. Location that rents itself. This is the kind of building people ask me to find for them and I never have one. Eight doors, already producing, with three units left to renovate - which is the polite way of saying there's upside sitting right there for whoever wants it. Tenants stay because there's parking and a place to put their stuff. Owners stay because the checks clear. Just a clean, cash-flowing 8-plex in a market where nobody's building these anymore. Unicorn is an overused word. This one earns it. Serious buyers only - proof of funds with offers. NO SHOWINGS WITHOUT AN ACCEPTED OFFER.

Property Features

Heating

Forced Air

Flooring

Laminate

Interior Features

Disposal,Kitchen: Updated,Range/Oven: Free Stdng.,Dishwasher: Built-In

Exterior Features

Double Pane Windows,Out Buildings

Parking

Parking: Uncovered

Unit Breakdown

Type 1×8

2 bed · 1 bath · Square Feet: 887

$1,500/mo each

= $12,000/mo

Total Actual Rent(8 units)

$12,000/mo

Location

Estimated Monthly Payment

$12,257/mo

Down Payment$439,800 (20%)
Principal & Interest$11,153
Property Tax$692/mo
Insurance (est.)$412/mo
Est. Total$12,257/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# 2172750• Tax ID: 02-045-0022

Courtesy of Brett Henry, Simple Choice Real Estate · 801-623-2518 · brett@househelputah.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

$12,257/mo

Down Payment$439,800 (20%)
Principal & Interest$11,153
Property Tax$692/mo
Insurance (est.)$412/mo
Est. Total$12,257/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# 2172750• Tax ID: 02-045-0022

Courtesy of Brett Henry, Simple Choice Real Estate · 801-623-2518 · brett@househelputah.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

None/Other

Middle School

American Fork

High School

American Fork