1140 E Elgin Ave - Multi-Family FOR SALE


Millcreek, UT 84106
$2,199,000 USD
385-202-6097
1140 E Elgin Ave, Millcreek, UT for Sale
$2,199,000 USD
Multi-Family - FOR SALE
1/43
null | 5.55% Cap Rate

1140 E Elgin Ave
Millcreek, UT 84106


HIGHLIGHTS

  • four well-maintained townhome-style properties, each featuring a spacious basement mother-in-law apartment—ideal for maximizing rental income. Situate

OVERVIEW

This sale includes four townhome-style properties, each featuring a spacious mother-in-law apartment in the basement. Located in a prime area, both buildings have brand new roofs and fresh exterior paint. These are strong investment properties with reliable tenants already in place. The combined monthly rental income is $11,300, with tenants covering all utility expenses.

FOR SALE DETAILS

PRICE

$2,199,000 USD

PRICE/SF

$1,011 USD /SF

# OF UNITS

4

PRICE/UNIT

$549,750

CAP RATE

5.55%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Elgin Ave

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1999

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.01 AC

LAND SF

436 SF

ZONING

Condominium Units

APN/PARCEL ID

16-29-260-001,16-29-260-002,16-29-260-003,16-29-260-004

ASK ABOUT THIS PROPERTY

Mohammed AlharebEquity Real EstateMore Info
385-202-6097

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Mohammed AlharebEquity Real EstateMore Info
385-202-6097

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.