Great investment! 7% CAP Rate. Gross rents $36000/year. This building has 4 apartments and a shop which is rented separately. There is a high demand for reasonable rentals in the area, so very low vacancy. 3 units have been upgraded over the last year and half. Much of the deferred maintenance has been caught up. New furnaces in 3 units, new water heater, many new appliance, new cabinets in 2 units, roof is just a few years old. Seller financing will be considered with 20% down, 6% interest, 30 year amortization, 10 year balloon payment. Do not disturb tenants!!
Off market
$619,400
85 E Center St, Coalville, UT 84017
5beds
3baths
2,334sqft
SingleFamily
Built in 1977
0.38 Acres Lot
$619,400 Zestimate®
$265/sqft
$3,106 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Features
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,334 sqft
Property
Parking
- Parking features: Garage - Attached
Lot
- Size: 0.38 Acres
Details
- Parcel number: CARLSEN1
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1977
Community & neighborhood
Location
- Region: Coalville