373 & 375 N 1600 W, Cedar City, UT 84721 (MLS# 23-241952)

373 & 375 N 1600 W, Cedar City, UT 84721

$400,000

Property Type: MultiFamily Square Footage: 2,340 Lot Size (sq. ft.): 7,841 Status: Closed

Current Price: $400,000 List Date: 6/26/2023 Last Modified: 9/15/2024

Overview

Description

Great investment property opportunity! Rare 3 bed/2bath units with new roof in last 5 years. Unit 375 has new paint and flooring in last 5 years and has natural gas and central air. Unit 373 has new flooring and paint in the last year. Refrigerator, washer, and dryer are all new in the last two years and stay with unit 373 whereas the tenant owns these appliances in 375. The shed behind 373 will stay with the unit, but the shed behind 375 belongs to the tenants. Current rent is $1,000/month for unit 375. Rent is only $200/month for unit 373 as it is occupied by owners family. Unit 373 will be vacant at closing and open to new tenant.

Listing Details MLS# 23-241952

Location, Tax & Legal

House Number: 373 & 375
Street Direction Pfx: N
Street Name: 1600
Street Direction Sfx: W
MLS Area: Outside Area
State/Province: UT
Postal Code: 84721
County: Iron
Tax ID: 0039955
Total Taxes: 854.57
Tax Year: 2014
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: 170.94

General Prop Info

Realtor.com: Multi-Family
Lot Acres: 0.18
Hot Tub YN: Yes
Pool Private YN: No
Lot Irregular: No
Year Built: 1980
# of Buildings: Yes
Number of Units: 2
Total SqFt: 2340
# Floors: 2
Elevators: No
HOA Transfer Fee: No

Contract Info

Original List Price: 400000
Short Sale Status: No

Status Change Info

Sold Date: 2023-08-23
Under Contract Date: 2023-07-07
Sold Price/SqFt: 170.94

Remarks & Misc

Public Remarks: Great investment property opportunity! Rare 3 bed/2bath units with new roof in last 5 years. Unit 375 has new paint and flooring in last 5 years and has natural gas and central air. Unit 373 has new flooring and paint in the last year. Refrigerator, washer, and dryer are all new in the last two years and stay with unit 373 whereas the tenant owns these appliances in 375. The shed behind 373 will stay with the unit, but the shed behind 375 belongs to the tenants. Current rent is $1,000/month for unit 375. Rent is only $200/month for unit 373 as it is occupied by owners family. Unit 373 will be vacant at closing and open to new tenant.

Construction

Brick: Yes
Wood Frame: Yes

More Information

Separate Meters

Electric: Yes
Gas: Yes

Zoning

Residential: Yes

Terms of Sale

Cash: Yes
Conventional: Yes

Roof

Shakes: Yes

Heating

Electric: Yes
Gas FA: Yes

Air Conditioning

Central Air: Yes

Showing Instructions

Call Listing Agent: Yes

Property Features

Construction: Brick; Wood Frame Separate Meters: Electric; Gas Roof: Shakes Heating: Gas FA; Electric Air Conditioning: Central Air 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.