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Key Details
Sold Price $640,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,032 sqft
Price per Sqft $314
Subdivision Crosland/Buckland
MLS Listing ID 1990911
Sold Date 07/01/24
Style Bungalow/Cottage
Bedrooms 4
Full Baths 1
Half Baths 1
Construction Status Blt./Standing
HOA Y/N No
Abv Grd Liv Area 1,016
Year Built 1942
Annual Tax Amount $5,329
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 0.0x0.0x0.0
Property Description
Welcome to a prime investment opportunity in the heart of Sandy. This versatile office building offers a lucrative blend of commercial and residential spaces, ideal for investors seeking steady rental income. **Property Highlights:** - **Prime Location:** Situated on 700 E, this property enjoys high visibility and accessibility, perfect for attracting business tenants. - **Multi-Use Building:** The building features three private offices on the main floor, providing ample workspace for professionals or small businesses. Additionally, the basement of the houses has a spacious one-bedroom apartment, offering a convenient living arrangement. - **Steady Rental Income:** Currently, the basement is rented out, and the tenant in the apartment expressing interest in continuing the lease, ensuring immediate and consistent cash flow for the new owner. - **Parking Availability:** The property boasts seven or more dedicated parking spaces, accommodating tenants and visitors with ease. **Property Details:** Three private offices with ample natural light and space for customization. Ideal for professionals, startups, or small businesses seeking a professional workspace. - **Bottom Floor:** A well-appointed one-bedroom apartment featuring modern amenities, including a kitchen, living area, bedroom, and bathroom. Perfect for individuals or couples looking for a comfortable living space in a central location. - **Exterior:** Well-maintained exterior with curb appeal, complemented by landscaping and adequate parking facilities. - **Potential for Expansion:** With the existing rental income and available space, there's potential for future expansion or renovation to maximize returns. Don't miss out on this exceptional investment opportunity in Sandy. Whether you're an experienced investor or looking to diversify your portfolio, this property offers both stability and growth potential. Schedule a showing today to explore the possibilities firsthand! Seller Financing Option: 50% down, Rate 2% over prime, Amortized over 30 years, Balloon payment due in 5 years *Note: All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence.*
Location
State UT
County Salt Lake
Area Sandy; Draper; Granite; Wht Cty
Zoning Commercial
Rooms
Basement Full, Walk-Out Access
Main Level Bedrooms 2
Interior
Heating Forced Air, Gas: Central
Cooling Evaporative Cooling
Flooring Carpet
Fireplace false
Window Features Blinds,Full
Exterior
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
View Y/N No
Roof Type Asphalt
Present Use Single Family
Topography Additional Land Available, Curb & Gutter, Fenced: Part, Sprinkler: Auto-Full
Private Pool false
Building
Lot Description Additional Land Available, Curb & Gutter, Fenced: Part, Sprinkler: Auto-Full
Story 2
Sewer Sewer: Connected, Sewer: Public
Water Culinary
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools East Sandy
Middle Schools Union
High Schools Hillcrest
School District Canyons
Others
Senior Community No
Tax ID 22-32-303-025
Acceptable Financing Cash, Commercial Fin. Req., Conventional, Seller Finance
Horse Property No
Listing Terms Cash, Commercial Fin. Req., Conventional, Seller Finance
Financing Exchange
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Bought with NON-MLS