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Emily Hayes

CEO Emily Hayes Homes | Emily Hayes Homes | Keller Williams | PLACE

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106 W 250 S , Wellington, UT 84542
$1,200,000
Est. Payment: $2,666.67/mo
12 Bed
4 Bath
4352 Sqft
Status: Active | Days on site: 186
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70550 - 90431,4026483
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House Description

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 owner's 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.

Highlights

Listed by Carla Saccomano , 435-637-7900 and Bailey D Saccomano , 435-637-7900 RE/MAX Bridge Realty , 435-637-7900.

Property Type

Multi-Family

Lot/Acreage
0.8

Year Built

1973

County

Carbon

Area

Wellington; East Wellington

Neighborhood

River Bend Subdivision

School District

Carbon

Listing ID

2139858

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:4
  • Full Bathrooms:
Appliances:Dog Run
Floor:Carpet,Linoleum,Vinyl
Water:Culinary

Exterior Features

Lot Dimensions:0.0x0.0x0.0
Garage Capacity:0
Zoning:Multi-Family
Roof:Asphalt
Others:
  • Additional:Lighting, Blt./Standing
Sewer:Sewer: Connected
Parking Features:Parking: Uncovered,Rv Parking
Principal Interest
$2,667
Taxes
$236

Home Price

$1,200,000

Loan Details

30 yrs
%

Down Payment

20%
$240,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,666.67 $235.92 $0.00 $2,902.58
Yearly $32,000.00 $2,831.00 $0.00 $34,831.00
Total $960,000.00 $84,930.00 $0.00 $1,044,930.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Wellington, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.