61 W 500 N LOGAN, UT 84321

Features

• Price/sqft: $193
• Lot Size: 9148 sq. ft.

Facts

• Year Built: 01/01/1907
• Property ID: 877887505
• Parcel Number: 05-078-0017
• Property Type: Multi-family (5 or more units)
• County: CACHE
• Legal Description: BEG 12 RDS E OF PT N 111'E 65.9 FT FROM NW COR BLK 46 N 111'W 9 RDS 3 FT E 2 RDS S 111' E 9 RDS 3 FT W 2 RDS TO BEG BLK 38 PL

Description

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

This listing is NOT a foreclosure. amazing investment! this place is outperforming all duplexes, triplexes and 4-plexes in cache valley. unit #1 is rented for $2,500/mo. unit #2 was rented for $2,250/mo. $4,750/mo. rental income and $57,000/annual income. 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. call, text or email listing agent for financial performance statements. 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.