112 N 350 W Pending

American Fork,UT 84003

$ 990000

12 Beds

4 Baths

4406 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,406 sqft

Price per Sqft $224

Subdivision Wimbledon

MLS Listing ID 2026991

Style Up And Down

Bedrooms 12

Year Built 1984

Annual Tax Amount $4,015

Lot Size 0.350 Acres

Property Description

4-plex CASH COW potential with THREE (3!) beds per unit! RARELY available VALUE ADD OPPORTUNITY with MONTH-TO-MONTH leases that allow a new buyer flexibility to quickly reposition the property and create INSTANT EQUITY. ESTATE SALE! Property has had same owner for 2+ decades & rents were kept LOW. Imagine renting these units by the bedroom (buyer to verify w/city). LOTS of parking (2 off street spots per unit, plus plentiful on street spots). Separate gas & electric meters. Property needs cosmetic upgrades, but some expensive updates already done: 3 furnaces recently replaced (1 year, 2 year, & 8 years ago) plus NEW ROOF (approx year 2021)! Across street from quiet 55+ community. VERY CONVENIENT, central location just minutes from freeway & shopping, and employment centers! Do not disturb tenants. Square footage per county records. Buyer/agent to verify all.

Location

State UT

County Utah

Area Am Fork; Hlnd; Lehi; Saratog.

Interior

Heating Forced Air,Gas: Central

Inclusions See Remarks, Range

Exterior

Waterfront No

View Y/N No

Roof Type Asphalt

Building

Lot Description Curb & Gutter,Fenced: Part,Road: Paved,Sidewalks

Water Culinary,Secondary

New Construction No

Schools

Elementary Schools Shelley

Middle Schools American Fork

High Schools American Fork

School District Alpine

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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