1284 S Sundown CIR, Cedar City, UT 84720

$425,000
Property Type: MultiFamily Square Footage: 3,585 Lot Size (sq. ft.): 9,148 Status: Closed
Current Price: $425,000 List Date: 6/13/2023 Last Modified: 9/15/2024

Overview

Description

This is an incredible investment that cashflows! It is close to shopping, parks and the university making it the ideal rental or multigenerational home. There are two units with over 3500 sqft of living space and tons of available parking. Both units have their own laundy. The upstairs unit is a total of 2353 square feet with 3 bedrooms and an attic (an additional 700 square ft.) that are rented per room at $525 per room bringing in a potential $2100/month. The downstairs unit is 3 bedrooms/1 bath and is currently rented to a family for $1400/month. Combining both units, the monthy net was recently bringing in $3500 per month. All tenants are currently on a month-to-month lease. This is a great property to start building a real estate portfollio. Live in one side and rent the other!

Listing Details MLS# 23-242105

Location, Tax & Legal

House Number
1284
Street Direction Pfx
S
Street Name
Sundown
Street Suffix
CIR
MLS Area
Outside Area
State/Province
UT
Postal Code
84720
County
Iron
Tax ID
0074069

Contract Info

Original List Price
425000
Short Sale Status
No

General Prop Info

Realtor.com
Multi-Family
Lot Acres
0.21
Hot Tub YN
Yes
Pool Private YN
No
Lot Irregular
No
Year Built
1978
# of Buildings
Yes
Number of Units
2
Total SqFt
3585
# Floors
3
Elevators
No
HOA Transfer Fee
No

Status Change Info

Sold Date
2023-07-20
Under Contract Date
2023-06-17
Sold Price/SqFt
119.39

Annual Grs Rntl Inc

# 3 Bedroom Units
2

More Information

Property Features

Construction: Wood Frame Roof: Asphalt Heating: Propane Air Conditioning: Evap Cooler Showing Instructions: Call Listing Agent Zoning: Residential Terms of Sale: Cash; Conventional
Listing Office: ERA Realty Center
Last Updated: September - 15 - 2024
Broker Attribution: 435-586-2777
Information deemed reliable but not guaranteed.
Search powered by FBS Products