This is an incredible investment that cashflows! It is close to shopping, parks and the university making it the ideal rental or multigenerational home. There are two units with over 3500 sqft of living space and tons of available parking. Both units have their own laundy. The upstairs unit is a total of 2353 square feet with 3 bedrooms and an attic (an additional 700 square ft.) that are rented per room at $525 per room bringing in a potential $2100/month. The downstairs unit is 3 bedrooms/1 bath and is currently rented to a family for $1400/month. Combining both units, the monthy net was recently bringing in $3500 per month. All tenants are currently on a month-to-month lease. This is a great property to start building a real estate portfollio. Live in one side and rent the other!
Closed
Price Unknown
1284 S Sundown Ave, Cedar City, UT 84720
6beds
3baths
3,585sqft
Multi Family
Built in 1978
-- sqft lot
$481,600 Zestimate®
$--/sqft
$-- HOA
What's special
Zillow last checked: 8 hours ago
Listing updated: September 14, 2024 at 07:49pm
Listed by:
Jennifer Davis 435-590-1317,
ERA Realty Center
Bought with:
Jennifer Davis, 5458788-AB
ERA Realty Center
Source: WCBR,MLS#: 23-242105
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Propane
Cooling
- Evaporative Cooling
Interior area
- Total structure area: 3,585
- Total interior livable area: 3,585 sqft
- Finished area above ground: 0
Property
Features
- Stories: 3
Lot
- Size: 9,147 sqft
Details
- Parcel number: 0074069
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1978
Community & neighborhood
Location
- Region: Cedar City
Other
Other facts
- Listing terms: Conventional,Cash