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61 W 500 N

Logan, UT 84321
  • $709,000
  • STATUS: Active Under Contract
  • ON SITE: 73 Days
  • ID#: 1984775
Under Contract
UPDATED: 51 min ago
$709,000
  • 9
    BEDS
  • 0.21
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,212
    SQFT
  • $168
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1907
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Amazing investment! This place is outperforming all duplexes, triplexes and 4-plexes in Cache Valley. Unit #1 was rented for $2,500/mo. Unit #2 was rented for $2,250/mo. $4,750/mo. rental income and $57,000/annual income. These were rent by room rates. That's an 8.4% rental yield! Unit #2 currently vacant so open to owner/buyer for better financing terms. Seller financing would be a possibility. This side-by-side duplex is located in the heart of Logan and both sides are completely remodeled with durable LVP flooring and carpet, new cabinets, counters and appliances. Brand new tankless water heater plus back-up 40 gal. water heater for convenient uninterrupted hot water. Brand new ductless mini split heating and A/C units zoned for efficient temperature control. New double paned insulated windows, plenty of parking and both units have separate laundry hookups. All new electrical throughout. City is requiring a hard surface parking to be completed in Spring on the North side of property. Seller will cover that cost with full price offer. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement and verify all information. Seller financing Terms: 20% down, 5 year term, 30 year amortization, 6% rate.

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-05-20T19:41:41.98. 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.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
www.powdermountainre.com/homes/148373161
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61 W 500 N Logan, UT 84321

  • Price: $709,000
  • Status: Active Under Contract
  • On Site: 73 Days
  • Updated: 51 min ago
  • ID#: 1984775
9
Beds
4
Baths
0
½ Baths
0.21
Acres
4,212
SQFT
$168
$/SQFT
1907
Built
Neighborhood:
Logan Farm Survey Pl
County:
Cache
Area:
Logan; Nibley; River Heights
Elementary School:
Bridger
Middle School:
Mt Logan
High School:
Logan
School District:
Logan
Property Description
Amazing investment! This place is outperforming all duplexes, triplexes and 4-plexes in Cache Valley. Unit #1 was rented for $2,500/mo. Unit #2 was rented for $2,250/mo. $4,750/mo. rental income and $57,000/annual income. These were rent by room rates. That's an 8.4% rental yield! Unit #2 currently vacant so open to owner/buyer for better financing terms. Seller financing would be a possibility. This side-by-side duplex is located in the heart of Logan and both sides are completely remodeled with durable LVP flooring and carpet, new cabinets, counters and appliances. Brand new tankless water heater plus back-up 40 gal. water heater for convenient uninterrupted hot water. Brand new ductless mini split heating and A/C units zoned for efficient temperature control. New double paned insulated windows, plenty of parking and both units have separate laundry hookups. All new electrical throughout. City is requiring a hard surface parking to be completed in Spring on the North side of property. Seller will cover that cost with full price offer. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement and verify all information. Seller financing Terms: 20% down, 5 year term, 30 year amortization, 6% rate.
Exterior Features

Architectural Style Side By Side Attached Garage YN No Carport YN No Construction Materials Aluminum Construction Status Blt./Standing Covered Spaces 0 Exterior Features Double Pane Windows Frontage Length 0.0 Garage YN No Horse Property YN No Lot Features Corner LotFenced: PartRoad: PavedView: Mountain Lot Size Dimensions 0.0x0.0x0.0 Mobile Length 0 Mobile Width 0 Open Parking Spaces 9 Open Parking YN No Parking Total 9 Pool Private YN No Roof Membrane RVParking Dimensions 0.00 Spa YN No Topography Corner LotFenced: PartRoad: PavedTerrainFlatView: Mountain View Mountain(s) View YN Yes Waterfront YN No

Interior Features

Bathrooms Partial 0 Bathrooms Total 4 Building Area Total 4212 Cooling YN No Fireplace YN No Flooring CarpetVinyl Heating Electric Heating YN True Interior Features Range/Oven: Free Stdng.Dishwasher: Built-In Rooms Total 0

Property Features

Association YN No Cross Street 500 Current Use Residential Inclusions MicrowaveRangeRefrigerator Irrigation Water Rights Acres 0 Lease Considered YN No Listing Terms CashConventionalExchangeFHASeller FinanceVA Loan New Construction YN No Property Attached YN No Property Condition Blt./Standing Property Sub Type Duplex Senior Community YN No Sewer Sewer: ConnectedSewer: Public Tax Annual Amount 1551 Utilities Natural Gas ConnectedElectricity ConnectedSewer ConnectedSewer: PublicWater Connected Water Source Culinary

Listing provided courtesy of Red Valley Real Estate: 801-859-9118. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2024 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-05-20T19:41:41.98. 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.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
 
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