Description
Lowest priced 3 bedroom condo East Side. Low Income Housing/Investment Property only. Can not be owner occupied. Do not disturb tenants or HOA. Inspection is attached. 1 Car covered carport. Deed restricted so property is low income until 2025 then can be sold at fair market value and rents can be increased. Current rents are 60% of market value for next 3 years. Rents are increased through Utah housing. Rents are approximately $1,300 and net income average after taxes/ insurance/ maintenance/ vacancies is $700 per month. Total rents are split equally between all owners with property manager taking care of all maintenance and upkeep. Please read attached documents before calling agent or submitting offers. Agent related to seller. Buyer to verify the square footage.
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3BEDS
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0.01ACRES
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1BATHS
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01/2 BATHS
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1,033SQFT
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$290$/SQFT
School Information
Description
Lowest priced 3 bedroom condo East Side. Low Income Housing/Investment Property only. Can not be owner occupied. Do not disturb tenants or HOA. Inspection is attached. 1 Car covered carport. Deed restricted so property is low income until 2025 then can be sold at fair market value and rents can be increased. Current rents are 60% of market value for next 3 years. Rents are increased through Utah housing. Rents are approximately $1,300 and net income average after taxes/ insurance/ maintenance/ vacancies is $700 per month. Total rents are split equally between all owners with property manager taking care of all maintenance and upkeep. Please read attached documents before calling agent or submitting offers. Agent related to seller. Buyer to verify the square footage.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-05-19T07:37:29.683. 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.