Owner Agent- 4-Plex Multi Unit. 5.2% Cap Rate. FOR SALE BY PROPERTY MANAGER: CHARLI SAB PROPERTY MANAGEMENT, Owner Agent. This is a completely renovated luxury apartment in the Bountiful East side. Full security and camera surveillance system on the exterior. We have a 2 bedroom 1 bath units. Bran new windows, bran new furnace, bran new AC, bran new kitchens, bran new bathrooms. Smart wireless appliances, oven, microwave, garbage disposal, dishwasher. Bran new 50 year roof. This has been 100% completely renovated top to bottom inside and out! Bran new washers and dryers included. Quiet Bountiful East side neighborhood next to Lakeview Hospital. Easy access to freeway and all other amenities including downtown Bountiful Ribbon Park with food trucks every Friday and live music. Splash pad in the summer and ice-skating in the winter at the park 1 block away. Don't miss out on this bran new Multi Unit 4-Plex at a 5.7% CAP RATE. This will go fast. Average monthly cost for utilities for Tenants: - Bountiful Power- Electricity monthly average is $40 - Dominion Energy Gas- Gas monthly average is $33 - Echo Broadband Internet is wired directly to your home for reliable fast Internet services. Purchase of Dual Band Router is required for set up. ($20-$100 depending which model) We recommend and suggest the TP Link model. The speed of the Internet is 20 MBPS download and 5 MBPS upload. $48 per month. No contracts or agreements with Echo Broadband. Its all Month to month. Absolutely beautiful fully remodeled Bountiful Multi Unit 4-Plex. Located in a great area on the east bench. Full remodel top to bottom including brand new 50 year roof, auto sprinkler landscaping system, bran new landscaping design installed, full exterior security surveillance system with cameras. Added bran new AC to every unit. New windows installed. Granite countertops. Marble slabs in bathrooms. Bran new floors, full plumbing and electrical update. Property was vacant for 18 months for full gut renovation. Everything was replaced and completely bran new with high end finishes including bran new smart appliances, fridges, stoves, microwaves, garbage disposals, dishwashers, washers and dryers. High speed Echo Broadband internet installed to each separate apartment. Drive by and make an offer subject to inspection. Please do not disturb tenants. CAP RATE SELF MANAGING 5.2% Gross Income $80,400.00 Annual operating expenses $11,310.00 Net operating income (NOI) $69,090.00 Purchase price / value $1,350,000.00 CAP RATE WITH MANAGER 4.70% Gross Income $80,400.00 Annual operating expenses $17,310.00 Net operating income (NOI) $63,090.00 Purchase price / value $1,350,000.00 Text the Property Manager at: 801-556-6111
Off market
$1,237,900
210 S 400 E, Bountiful, UT 84010
14beds
13,600sqft
MultiFamily
Built in 1959
-- sqft lot
$1,237,900 Zestimate®
$91/sqft
$1,554 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Trash compactor, Washer
Features
- Flooring: Tile, Other, Carpet, Hardwood
- Basement: Finished
Interior area
- Total interior livable area: 13,600 sqft
Property
Parking
- Total spaces: 18
- Parking features: Off-street, On-street
Features
- Exterior features: Shingle, Brick, Cement / Concrete
- Has view: Yes
- View description: Mountain
Lot
- Size: 0.27 Acres
Details
- Parcel number: 030340024
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Shake / Shingle
Condition
- Year built: 1959
Community & neighborhood
Location
- Region: Bountiful
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Estimated market value
$1,237,900