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Main > Multi Family Properties > Duplex 223 E. Beryl Ave
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Type: Multi Family Properties
Agent: Mike Hawkins & James Harvey
Company: Service First Realty Group
223 E. Beryl
Salt Lake City, UT, 84115
USA
Price: USD $ 199,900
Featured: Yes

Property description

Legal Duplex!!!

This is a great property for either an investor or a first time home buyer.

The current owners live in one of the units and have updated their unit and the common areas of the property like an owner-occupied property meaning it's in exceptional condition. Just look at the pictures--it's immaculate.

The tenants have lived in the property for a few years and are currently on a 12 month lease. It is believed they want to stay at the end of their lease. They are currently paying $695 per month and pay all of their own utilities except water and internet. The electric and gas meters are separate.

If you're a first time buyer this is an awesome opportunity to do what most people wish they had done after it's too late. Start building your real estate investment nest egg by moving into the remodeled unit and let your tenants cover a big portion of your mortgage payments every month. With current interest rates it's possible to live here for less than $750/month and start building equity!

This is as close to a worry-free rental as you can get. Maintenance issues have been reduced to just normal upkeep (mowing the grass and weeding the gardens). The roof seems to be in good condition, the exterior is all vinyl siding, and the yard is perfect (with a new automatic sprinkler system). 1 tenant is already in place and the remodeled unit should rent very quickly.

If you crunch the numbers--not only total rents, but vacancy rates and maintenance, you'll see that this one is a no-brainer. Call today to arrange your private showing at 801-467-7007.


Property features
MLS: 895884
Bedrooms: 4
Bathrooms: 2
Square Ft: 1200
House style: Ranch
Garage: 2
Home features
  • Fenced-in Backyard
  • Handicap Access
  • Family Room
  • Gas Range
  • Heating: Forced Air
  • Heating: Gas
  • Custom Cabinetry
Community features

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Agent
Mike Hawkins & James Harvey
Company: Service First Realty Group
Mobile: 801-467-7007
Properties: 18


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