NEW! Buy and sell safely with virtual options - Learn More
About the Listing 69433 - 40556,4022249
Exceptional investment opportunity featuring three fully remodeled homes on the same street, offering strong cash flow with 8% cap rate and annual net income of $128,668. Each property has been completely updated with new plumbing and electrical, providing peace of mind for years to come. All three homes include fully functional mother-in-law apartments with separate basement entrances, making them ideal for maximizing rental income or multi-generational living. Every unit is thoughtfully designed with kitchens both upstairs and downstairs, along with in-unit washer and dryer setups on each level, creating convenience and flexibility for tenants. All units are currently rented, offering immediate income, with the option to deliver vacant if desired. Offered at $1,600,000 for all three properties, this is a rare turnkey investment with strong returns and modern upgrades throughout. MLS numbers 2147306, 2147305, 2147307
Listing Highlights
Status
Active
Days on Site
61
Property Type
Residential
MLS ®
2147307
Year Built
1917
Total Square Footage
2,188
Lot/Acreage
0.23
County
Salt Lake
Neighborhood
April Acres Sub
School District
Granite
Elementary School
Lake Ridge
High School
Cyprus
Interior Details
- Bedrooms: 5
- Bathrooms: 2 Full
- Appliances: Dryer, Microwave, Range Hood, Refrigerator, Washer
- Air Cond: Central Air
- Heating: Forced Air,Gas: Central
- Fireplaces:
- Floor: Carpet,Tile
- Above Ground Sq Ft: 1094
- Below Ground Sq Ft: n/a
- Basement: Entrance,Full,Walk-Out Access
- Other: Basement Apartment,Kitchen: Second,Mother-in-Law Apt.,Granite Countertops,Multiple Kitchens
- Water: Culinary
Exterior Details
- Lot Description: Fenced: Full
- Garage Capacity: 2 car
- Parking Spaces: 6
- Lot Dimensions: 0.0x0.0x0.0
- Zoning: 1106
- Roof: Asphalt
- Others: Awning(s),Blt./Standing,ADU
- Sewer: Sewer: Connected,Sewer: Public
- Parking Features: Covered,Rv Parking
Financial Details
- Tax Amount: $2,594
- Taxes w/Assessments: N/A
- Tax/Property ID: 14-28-302-007
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
3177 S Elmer St Magna, UT 84044
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
