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$1,200,000

106 W 250 S

12
Beds
4
Bath
0.80 Sqft

Wellington, Utah, 84542, United States

About the Property

Excellent multi-family investment opportunity situated on 0.80 acres in Wellington. This well-maintained property offers strong rental income with room for long-term appreciation. Each unit rents for 850 per month Tenants pay 110 per month in utility reimbursement to the owners property manager for Wellington City utilities (water & garbage) Tenants place Rocky Mountain Power and Enbridge Gas in their own names, reducing owner utility exposure. Newer stucco exterior and asphalt driveway. 8 units have received updates within the past 3 years, including: 8 Central Air Units New carpet, Fresh interior paint, Updated cabinets (in select units). Washer and dryers are tenant-owned. 4 video walkthroughs of different units available upon request. Please do not disturb the tenants. This property presents a solid opportunity for investors seeking stabilized cash flow with improved exterior and interior updates already completed. In addition to this property, the seller owns two adjacent 4-plexes and would prefer to sell all four buildings as a package. This offering includes a total of 16 units with a combined purchase price of 2,200,000. Square footage figures are provided as a courtesy estimate only and were obtained from Carbon County . Buyer is advised to obtain an independent measurement.

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Property Type
Residential
Bedroom

12
Bathroom

4
Area

0.80 Sqft
WellingtonUtah
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Features

Wellington, Utah, 84542, United States
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