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Sheri Albrecht-Booth

sheriboothteam@gmail.com +1(801) 361-3737

$ 1,075,000

Est. payment | -/mo

16 Beds

8 Baths

7,208 SqFt

Save

$ 1,075,000

Est. payment | -/mo

Save

16 Beds

8 Baths

7,208 SqFt

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Pending

Purchase Type For Sale

Square Footage 7,208 sqft

Price per Sqft $149

MLS Listing ID 2171040

Style Up And Down

Bedrooms 16

Construction Status Blt./Standing

HOA Y/N No

Year Built 1977

Annual Tax Amount $2,565

Lot Size 0.400 Acres

Acres 0.4

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

Excellent 8-unit investment opportunity in Vernal. This property has seen extensive updates, including a roof replacement in 2019. The property has 4 swamp coolers, all of which were replaced in 2019. Outlets and plumbing valves have also been replaced. Six of the 8 units have been remodeled, with the 7th unit to be completed prior to closing. The 8th unit has long-term renters in place and has not been updated, offering continued rental income with future value-add potential. Seven units are currently rented, and the property has maintained consistent occupancy across all 8 units, making this a strong option for investors looking for rental income potential with the heavy lifting already done. Proof of funds and offer must be submitted prior to showings. Due to tenant occupancy, access may be limited and all units may not be available to view at the same time. Please do not disturb tenants. Square footage figures are provided as a courtesy estimate only and were obtained from tax records. Buyer is advised to obtain an independent measurement.

Location

State UT

County Uintah

Area Vernal; Naples; Jensen

Interior

Heating Electric

Flooring Carpet, Linoleum, Tile

Inclusions Refrigerator

Fireplace No

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Out Buildings

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Asphalt

Present Use Residential

Private Pool No

Building

Faces East

Sewer Sewer: Connected

Water Culinary

Architectural Style Up And Down

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Ashley

Middle Schools Uintah

High Schools Uintah

School District Uintah

Others

Senior Community No

Tax ID 05-024-0022

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Utah's Wise Choice Real Estate

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(801) 361-3737

sheriboothteam@gmail.com

Learn More About LPT Realty

232 W 100 N Vernal, UT 84078