1 / 20

> 4 Units

$341,000 reduction

Active

127Days on Market

$4,649,000

$244/sqft+3.8%/yrHome values in the 84302 zip code have grown an average of 3.8% per year over the last 5 years.

$4,990,000↓$341,000 (7%)Aug 18

Mountain View

Price history — protected

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

About This Property

I'm interested

PRICE REDUCED!! The Flats on Main is a 24-unit multifamily community situated on a 1 acre lot in the heart of Brigham City, Utah. 2 buildings side by side with 12 units in each building. Built in 1984 this property has undergone a comprehensive renovation program has across the majority of units over the last 3 years, featuring new laminate flooring, freshly painted cabinets with updated hardware,3 all new appliances, new light & plumbing fixtures throughout. All new AC units have been installed in all 24 units. Exterior upgrades include refreshed branding and signage, painting, a new fenced dog run, BBQ area and a pergola gathering area. Each unit features in-unit washer/dryer hookups, a dedicated private storage shed, and access to approximately 50 on-site parking spaces. Fully leased with proffesional management, each unit is achieving market rents. This is as clean a deal as they come. Truly a gem of a property situated in a highly growing market with strong demand from tenants.

Property Features

Heating

Forced Air,Gas: Central

Flooring

Laminate

Interior Features

Range/Oven: Free Stdng.

Exterior Features

Double Pane Windows

Parking

Parking: Uncovered

Unit Breakdown

Type 1×19

2 bed · 1 bath · Square Feet: 800

$1,229/mo each

= $23,351/mo

Type 2×4

1 bed · 1 bath · Square Feet: 750

$1,126/mo each

= $4,504/mo

Type 3

2 bed · 2 bath · Square Feet: 850

$1,200/mo

Total Actual Rent(24 units)

$29,055/mo

Location

Estimated Monthly Payment

$26,176/mo

Down Payment$929,800 (20%)

Principal & Interest$23,579

Property Tax$1,725/mo

Insurance (est.)$872/mo

Est. Total$26,176/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# 2152226• Tax ID: 03-083-0014

Courtesy of Clay Rockwood, Rockwood & Company LLC · 801-809-5347 · clayrockwood@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.