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!
Property
Details
Total Area
3585
Total Bedrooms
N/A
Total Bathrooms
0.0
Year Built
1978
Property Type
B
Subdivision
N/A
List Office Name
ERA Realty Center
Listing Agent
Jennifer Davis
Location
On Map
Mortgage
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MLS ID# 23-242105
At 1284 S Sundown CIR Cedar City UT - 84720