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- MLS#1732892
- TypeContingent
- CountySALT LAKE
- CityDraper
- AreaSandy
- Zip84020
- Style
- Year Built1971
- Taxes7377
- Price$ 2,495,000
- Bedrooms20
- Full Bathrooms10
- Half Bathrooms0
- Sqr Footage11391
- Lot Size1.71 Acres
Listing Provided Courtesy Of:
Redzone Real Estate
Data Source:
Wasatch Front Regional MLS - Salt Lake Board of Re
Property Description
This is a rare opportunity to own a solid brick mixed use community in Draper near the Tech Mecca at the point of the mountain. The property is fully remodeled and fully leased with professional property management in place to make this a complete turnkey investment for the right Buyer. There are a total of five buildings on separate tax parcels that can be sold separately or all together. There are three side-by-side duplexes, one triplex, and there is one commercial retail/shop space with a bathroom. There are a total of nine residential units and one commercial unit. There is no HOA currently in place or required. All five buildings have new TPO membrane 50 year roofs, laundry hookups in all nine residential units, new flooring throughout in all nine residential units, new paint inside and outside on all ten units, and updates to fixtures, appliances, and window coverings, etc have already been made. The triplex has a new electrical meter base and all new electrical wiring as well. Top market rents make this a great buy and hold cash-flowing investment for years to come. This is also an excellent value add opportunity as the future of this part of the valley is bright and redevelopment is everywhere right now including both North and South of this property. See also MLS # 1732890 to view the listing for the side-by-side duplex which includes units 1&2. All buildings can be sold and financed separately. Buyer can possibly leverage the separate buildings and tax parcels to acquire multiple residential investment loans and avoid burdensome and expensive commercial financing.
Elementary School | Middle School | High School |
---|---|---|
Willow Canyon Elementary School | Draper Park Middle School | Corner Canyon High School |
Price History | |
---|---|
4/1/2021 | Listed $2,495,000 |
General Features
Architectural Style | Other/See Remarks |
---|---|
Association Y/N | No |
Attached Garage | No |
Carport Spaces | 3.0 |
Carport Y/N | Yes |
Construction Materials | Brick, Cinder Block |
Current Use | Residential |
Elementary School District | Canyons |
Exterior Features | Out Buildings, Lighting, Storm Doors, Patio: Open |
Flooring | See Remarks, Carpet, Tile, Vinyl |
Garage Spaces | 2.0 |
Garage Y/N | Yes |
Heating | Gas: Central |
High School District | Canyons |
Home Warranty Y/N | No |
Interior Features | Range/Oven: Free Stdng., Dishwasher: Built-In |
Lease Considered Y/N | No |
MLS Area | Sandy; Draper; Granite; Wht Cty |
Middle/Junior School District | Canyons |
New Construction | No |
Open Parking Spaces | 40.0 |
Other Structures | Workshop |
Parking Features | Rv Parking |
Patio/Porch Features | Patio: Open |
Private Pool | No |
Property Attached Y/N | No |
Property SubType | > 4 Units |
Property Type | Residential |
Roof | Pitched, Membrane |
Senior Community Y/N | No |
Sewer | Sewer: Connected |
Standard Status | Active Under Contract |
Tax Annual Amount | 7377.0 |
Topography | See Remarks, Fenced: Part, Road: Unpaved, Secluded Yard, Sprinkler: Auto-Part, Terrain, Flat, View: Mountain, Private |
Total Units | 10 |
Utilities | Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected |
View | Mountain(s) |
Year Built | 1971 |
Zoning | Multi-Family |
Interior Features
Air Conditioning Y/N | No |
---|---|
Fireplace Features | Insert |
Fireplace Y/N | No |
Heating Y/N | Yes |
Laundry Features | Electric Dryer Hookup, Gas Dryer Hookup |
Living Area | 11391.0 |
Window Features | Blinds, Full |
Exterior Features
Building Area Total | 11391.0 |
---|---|
Covered Spaces | 5.0 |
Frontage Length | 0.0 |
Horse Y/N | No |
Lot Dimensions | 0.0x0.0x0.0 |
Lot Features | See Remarks, Fenced: Part, Road: Unpaved, Secluded, Sprinkler: Auto-Part, View: Mountain, Private |
Lot Size Acres | 1.71 |
Lot Size Area | 1.71 |
Lot Size Square Feet | 74487.6 |
Lot Size Units | Acres |
Open Parking Y/N | No |
Otherequipment | Fireplace Insert, Window Coverings |
RV Parking Dimensions | 100 |
Spa | No |
Total Parking | 45.0 |
Vegetation | Landscaping: Full, Mature Trees |
View Y/N | Yes |
Water Source | Culinary |
Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool