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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
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.
More Information MLS# 24-247141
Contract Info
Short Sale Status: No
Listing Date: 2024-01-08
General Prop Info
Realtor.com: Multi-Family
Lot Acres: 0.37
Lot Irregular: No
# of Buildings: 2
2 Bedroom Aprx SqFt: 1076
3 Bedroom Aprx SqFt: 6300
# Floors: 3
Elevators: No
HOA Transfer Fee: No
Year Built: 2006
Number of Units: 7
Total SqFt: 6476
Location, Tax & Legal
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
Geo Lat: 37.672164
Geo Lon: -113.05876
List Price: $1,299,000
Current Price: $1,299,000
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
Status Change Info
Sold Price/SqFt: 200.74
Sold Date: 2024-02-29
Under Contract Date: 2024-01-13
Status: Closed
Annual Grs Rntl Inc
# 2 Bedroom Units: 7
Construction
Wood Frame: 1
Separate Meters
Electric: 1
Gas: 1
Zoning
Multi-Family: 1
Terms of Sale
1031 Exchange: 1
Cash: 1
Conventional: 1
FHA: 1
Roof
Asphalt: 1
Heating
Gas FA: 1
Air Conditioning
Central Air: 1
Showing Instructions
Call Listing Agent: 1
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
Listing Office: ERA Realty Center
Last Updated: September - 15 - 2024
Broker Attribution:
435-586-2777
Information deemed reliable but not guaranteed.