296 S 200 E, Cedar City, UT 84720
$1,299,000
Property Type:
MultiFamily
Square Footage:
6,476
Lot Size (sq. ft.):
16,117
Status:
Closed
Current Price:
$1,299,000
List Date:
1/08/2024
Last Modified:
9/15/2024
Overview
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.
Listing Details MLS# 24-247141
Location, Tax & Legal
- 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
- List Price/SqFt
- 200.59
General Prop Info
- Realtor.com
- Multi-Family
- Lot Acres
- 0.37
- Hot Tub YN
- Yes
- Pool Private YN
- No
- 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
- # Floors
- 3
- Elevators
- No
- HOA Transfer Fee
- No
Contract Info
- Original List Price
- 1299000
- Short Sale Status
- No
Status Change Info
- Sold Date
- 2024-02-29
- Under Contract Date
- 2024-01-13
- Sold Price/SqFt
- 200.74
Annual Grs Rntl Inc
- # 2 Bedroom Units
- 7
Remarks & Misc
- Public Remarks
- 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.
More Information
Construction
- Wood Frame
- Yes
Separate Meters
- Electric
- Yes
- Gas
- Yes
Zoning
- Multi-Family
- Yes
Terms of Sale
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
Roof
- Asphalt
- Yes
Heating
- Gas FA
- Yes
Air Conditioning
- Central Air
- Yes
Showing Instructions
- Call Listing Agent
- Yes
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
Documents
Lead-Based Paint 296 S 200 E ›
Listing Office:
ERA Realty Center
Last Updated: September - 15 - 2024
Broker Attribution:
435-586-2777
Information deemed reliable but not guaranteed.