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Duplex

Active

29Days on Market

$2,500,000

$277/sqft+3.6%/yrHome values in the 84118 zip code have grown an average of 3.6% per year over the last 5 years.

Mother-in-Law Suite2nd KitchenMountain ViewCorner Lot

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About This Property

This unique 1.44 acre property was originally built and used as a residential treatment facility. There are 2 large homes (4510 sq/ft each) plus 2 extra large storage buildings that have basements! Two combined homes have recently been updated into 6 rentable multi-family units, yet still have preserved main living area's mid-century modern feel, as this was designed by world famous architect Ron Molen! There is so much opportunity here with AVAILABLE TO SHOW by appt only! Olympic Size Possibilities! The property could continue as an income producing multi-family investment, or revert back to being used as a residential treatment facility non-profit. Or possible rezoning for a developer's dream of a Mixed Use Development and/or housing for athletes training at the Kearns Ice Oval located next door! Kearns Council has been open to discussing ideas of mixed use/commercial development projects to align with the city's goals of improvements and visions with the upcoming 2034 Utah Winter Olympics and the close proximity of the Ice Oval & South Valley Regional Airport. The timing for this opportunity could not be better! Don't let it slip away!

Property Features

Heating

Forced Air,Gas: Central

Flooring

Carpet,Laminate,Linoleum

Laundry

Electric Dryer Hookup

Interior Features

Den/Office,Disposal,Great Room,Kitchen: Second,Mother-in-Law Apt.,Range/Oven: Free Stdng.,Vaulted Ceilings,Dishwasher: Built-In

Exterior Features

Out Buildings,Lighting,Porch: Open,Patio: Open

Parking

Parking: Uncovered

Unit Breakdown

Type 1

6 bed · 6 bath · Square Feet: 4510

$0/mo

Type 2

5 bed · 4 bath · Square Feet: 4510

$0/mo

Total Actual Rent(2 units)

$0/mo

Location

Estimated Monthly Payment

$13,149/mo

Down Payment$500,000 (20%)

Principal & Interest$12,680

Property Tax$0/mo

Insurance (est.)$469/mo

Est. Total$13,149/mo

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

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MLS# 2170161• Tax ID: 20-13-426-067

Courtesy of Wendy Bradshaw, Platinum Place Realty · 801-231-6696 · wendyjobradshaw@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.