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Key Details
Sold Price $233,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,936 sqft
Price per Sqft $120
Subdivision Normandy Mobile Home
MLS Listing ID 1855363
Sold Date 01/13/23
Style Manufactured
Bedrooms 3
Full Baths 1
Three Quarter Bath 1
Construction Status Blt./Standing
HOA Y/N No
Abv Grd Liv Area 1,936
Year Built 1973
Annual Tax Amount $989
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 0.0x0.0x0.0
Property Description
Near 8% CAP Rate - Investor Special - Cash Cow! Banks will not lend on this property so it is a "Cash Only" purchase. Built prior to 1976 so financing is not available through Fannie or Freddie loans. This completely remodeled manufactured home is on real property. No HOA or park fees! (You own the land!) Complete remodel in 2021 with new central A/C Installed in 2022. Current tenant has been in the unit for almost two years and plans to stay long term. The current lease is up in April, 2023 (4 months). Current rent is $1,775.00 and annual tax & insurance costs are only $1,813.81 yielding almost an 8% CAP rate. Great for cash flow or a 1031 exchange. This is the best performing investment property on the market. Profit & Loss and Rental Leases available upon request. *Cash only* Financing not available on this property.
Location
State UT
County Salt Lake
Area Wj; Sj; Rvrton; Herriman; Bingh
Zoning Single-Family
Rooms
Basement None
Primary Bedroom Level Floor: 1st
Master Bedroom Floor: 1st
Main Level Bedrooms 3
Interior
Interior Features Bath: Master, Disposal, Kitchen: Updated, Range/Oven: Free Stdng.
Heating Forced Air, Gas: Central
Cooling Central Air
Flooring Carpet, Laminate, Tile
Fireplace false
Window Features Blinds
Appliance Microwave, Refrigerator
Exterior
Exterior Feature Out Buildings, Lighting
Garage Spaces 1.0
Carport Spaces 1
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Waterfront No
View Y/N No
Present Use Single Family
Topography Curb & Gutter, Fenced: Full, Terrain, Flat
Parking Type Covered, Rv Parking
Total Parking Spaces 8
Private Pool false
Building
Lot Description Curb & Gutter, Fenced: Full
Story 1
Sewer Sewer: Connected
Water Culinary
Structure Type Aluminum
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Heartland
Middle Schools West Jordan
High Schools West Jordan
School District Jordan
Others
Senior Community No
Tax ID 21-22-486-003
Acceptable Financing Cash, Exchange
Horse Property No
Listing Terms Cash, Exchange
Financing Cash
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Bought with Colemere Realty Associates LLC
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