247 S 300, Bountiful, UT 84010

$1,050,000
8
BD
4
BA
3,776
SqFt
List Price
$1,050,000
Status
ACTIVE
MLS#
1766023
Days on Market
52
Year Built
1975
Bedrooms
8
Bathrooms
4
Square Feet
3,776
Acres
0.36
Terms
Cash, Conventional
County
Davis
Region
Bntfl; NSL; Cntrvl; WdX; Frmtn

Property Description

Awesome investment opportunity just north of Salt Lake in the city of Bountiful. Rents are in the process of being raised (one lease is signed for $1,200 starting December 1). In addition to a higher rent, there are 5 large 12'x28' storage sheds that you could use for your own storage, include them with the current rentals for additional income or you may even want to consider renting them out to others after verifying the possibility with the city. Currently these storage units bring in an additional $100 each in revenue for a total of $500 extra total revenue. 3 of the 4 units have been renovated. The last unit is in good condition, but tenant is long term and renovations have not taken place, so rent is only at $1,000 per month on that unit. 2 furnaces and a water heater were replaced recently. Please do not disturb current tenants. Offers will need to be made subject to inspection and we will get you a full tour after an offer is accepted. The most recently renovated lower unit rented out at $1,150 after being on the market for a couple days.

Additional Information

Taxes
$4,048
Exterior Features
Lighting, Patio: Covered
Interior Features
Disposal, Floor Drains, Gas Log, Kitchen: Updated, Range/Oven: Free Stdng., Dishwasher: Built-In
Floor
Carpet, Linoleum, Tile
Garage Spaces
5
Heating
Forced Air, Gas: Central
Roof
Rubber
School District
Davis
Elementary School
Washington
Middle School
Bountiful
High School
Bountiful
Style
Up And Down
Living Area
3,776

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of AMERITRUE REAL ESTATE & MANAGEMENT PLLC.