Excellent 8-unit investment opportunity in Vernal. This property has seen extensive updates, including a roof replacement in 2019. The property has 4 swamp coolers, all of which were replaced in 2019. Outlets and plumbing valves have also been replaced. Six of the 8 units have been remodeled, with the 7th unit to be completed prior to closing. The 8th unit has long-term renters in place and has not been updated, offering continued rental income with future value-add potential. Seven units are currently rented, and the property has maintained consistent occupancy across all 8 units, making this a strong option for investors looking for rental income potential with the heavy lifting already done. Proof of funds and offer must be submitted prior to showings. Due to tenant occupancy, access may be limited and all units may not be available to view at the same time. Please do not disturb tenants. Square footage figures are provided as a courtesy estimate only and were obtained from tax records. Buyer is advised to obtain an independent measurement.
32 days
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81
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2
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Zillow last checked:
Listing updated:
Listed by:
David Stuart801-835-9298,
Utah's Wise Choice Real Estate
Source: UtahRealEstate.com,MLS#: 2171040
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 16
Bathrooms: 8
Heating
Electric
Appliances
Laundry: Electric Dryer Hookup
Features
Flooring: Carpet, Linoleum, Tile
Has fireplace: No
Interior area
Total structure area: 7,208
Total interior livable area: 7,208 sqft
Property
Parking
Parking features: Open
Has uncovered spaces: Yes
Lot
Size: 0.4 Acres
Details
Additional structures: Outbuilding
Parcel number: 050240022
Zoning: APT
Construction
Type & style
Home type: MultiFamily
Architectural style: Up And Down
Property subtype: Multi Family
Materials
Brick
Roof: Asphalt
Condition
Blt./Standing
New construction: No
Year built: 1977
Utilities & green energy
Water: Culinary
Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.