Property Description

Turn-key rental investment with 8% cap rate. Current rents are $1550 (lease ends June 2027), $1500 (lease ends Jan 2027), $1500 (lease ends April 2027), $1350 (month to month). All 4 units have a similar townhouse-style layout with 2 bedrooms and 1 full bathroom upstairs, and large family room, kitchen, and half bath downstairs. Each also includes a dishwasher, range, refrigerator, and laundry hookups. Tenants have shared access to generously sized front and back yards, and each unit has 2 dedicated parking spots. These units have been very well maintained. 3 out of the water heaters have been replaced in the last 2 years. 1 furnace and AC was replaced 2 years ago. Unit 3 and 4 have had new carpet and paint in the last year. The parking lot had new coating and striping in the last year, and new dumpster that is shared with the next door 4plex. All the exterior doors have been recently been painted. Ideally located within walking distance to tons of shopping and other amenities as well as quick access to Bangerter Highway and other major commuter arteries. -- NO SIGN ON PROPERTY. PLEASE MAKE OFFERS SUBJECT TO INSPECTION AND DO NOT DISTURB TENANTS. NO SHOWINGS UNTIL OFFER IS ACCEPTED.

Property Features

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