Sold

106 W 250 S, Wellington, UT 84542

Beds
12
Baths
4
Sqft
4,352

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRE/MAX Bridge Realty
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Overview

Excellent multi-family investment opportunity situated on 0.80 acres in Wellington. This well-maintained property offers strong rental income with room for long-term appreciation. Each unit rents for $850 per month Tenants pay $110 per month in utility reimbursement to the owner's property manager for Wellington City utilities (water & garbage) Tenants place Rocky Mountain Power and Enbridge Gas in their own names, reducing owner utility exposure. Newer stucco exterior and asphalt driveway. 8 units have received updates within the past 3 years, including: 8 Central Air Units New carpet, Fresh interior paint, Updated cabinets (in select units). Washer and dryers are tenant-owned. 4 video walkthroughs of different units available upon request. Please do not disturb the tenants. This property presents a solid opportunity for investors seeking stabilized cash flow with improved exterior and interior updates already completed. In addition to this property, the seller owns two adjacent 4-plexes and would prefer to sell all four buildings as a package. This offering includes a total of 16 units with a combined purchase price of $2,200,000. Square footage figures are provided as a courtesy estimate only and were obtained from Carbon County . Buyer is advised to obtain an independent measurement.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
12
Number of bathrooms
4
Square feet
4,352
Lot size (acres)
0.80
Year built
1973

Interior features

Laundry
Electric Dryer Hookup

Utilities

Heating
Central, Forced Air, Natural Gas
Cooling
None

Taxes

Tax Annual Amount
$2,340

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Utah Real Estate (Wasatch Front) MLS®#: 2139858 Last checked:

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.