$1,299,000
Cedar City, UT 84720
MLS# 24-247141
Status: Closed
6476 sqft
1 / 30
Property Description
Investors! Six large 3-bedroom units (technically 2 beds plus large den) with washer/dryer hookups in each unit. Additional, 2-bedroom home with new roof! 7total rental units! Don't miss this unique opportunity to own a prime piece of real estate in the heart of town. This property not only promises an ideal location but also boasts an excellent rental history, making it a lucrative investment for those looking to capitalize on the thriving rental market. One of the standout features of this investment is its impeccable rental history, a testament to the property's desirability and the consistent demand for housing in the area. Savvy investors can take advantage of this proven track record in a thriving college town, to secure a reliable and attractive return on investment.
Details
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General Prop Info
Realtor.com: Multi-Family
Lot Acres: 0.37
Lot Irregular: No
Year Built: 2006
# of Buildings: 2
Number of Units: 7
2 Bedroom Aprx SqFt: 1076
3 Bedroom Aprx SqFt: 6300
Total SqFt: 6476
# Levels: 3
Elevators: No
HOA Transfer Fee: No
Contract Info
Listing Date: 2024-01-08
Short Sale Status: No
Location, Tax & Legal
Geo Lat: 37.672164
Geo Lon: -113.05876
List Price: $1,299,000
Current Price: $1,299,000
List Price/SqFt: 200.59
House Number: 296
Street Direction Pfx: S
Street Name: 200
Street Direction Sfx: E
MLS Area: Outside Area
State/Province: UT
Postal Code: 84720
County: Iron
Tax ID: 0051299
Total Taxes: 2717.36
Tax Year: 2022
Elementary Schools: Out of Area
Intermediate Schools: Out of Area
Jr. High Schools: Out of Area
Sr. High Schools: Out of Area
Status Change Info
Sold Date: 2024-02-29
Under Contract Date: 2024-01-13
Status: Closed
Sold Price/SqFt: 200.74
Annual Grs Rntl Inc
# 2 Bedroom Units: 7
Property Features
Construction: Wood Frame
Separate Meters: Electric; Gas
Roof: Asphalt
Heating: Gas FA
Air Conditioning: Central Air
Showing Instructions: Call Listing Agent
Zoning: Multi-Family
Terms of Sale: 1031 Exchange; Cash; Conventional; FHA
Lead-Based Paint 296 S 200 E 
Listing Office: ERA Realty Center
Last Updated: February - 29 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.