Property
Beds
16
Full Baths
None
1/2 Baths
None
Year Built
1965
Sq.Footage
7,500
Beautifully Remodeled 16 Unit Apartment Complex located in a quiet Neighborhood in Logan. This multi-family apartment complex is very attractive for both tenants as well as investors because its been 100% remodeled top to bottom inside and out! This Property Never has any vacancies. Most tenants have been married students attending USU or working adults that want a brand new remodeled Apt near downtown Logan. It has 16 spacious studio apartments. Units #1-8 on the main floor and Units #9-16 are upstairs on the 2nd floor. Each apartment is the same size. The property was completely remodeled in 2019. Brand New Everything! New Plumbing, New Electrical, Outlets and Fixtures, New Insulation, New Drywall, New Paint, New Flooring, New Cabinets, New countertop & Sinks, New Fridge, New Stove & New Microwave, New Furnaces & Water Heaters, New Culture Marble shower, New Exterior Doors and Interior Doors. New Windows, New Blinds EVERYTHING is BRAND NEW on the Inside!!! Each unit rents for $1,000 which Includes Wifi. All 16 leases are all 12 month leases. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement. PLEASE DO NOT DISTURB TENANTS. 2023 - Roof was Replaced 2024 - New gutters, New soffit & Fascia. New subfloor on upper walkway for 2nd story 2024 - New paint on exterior building and railings. Fresh black top sealing for parking lot and fresh painted lines and numbers in parking lot. 2024 - Brand new Fence on south side of property. Rents are below market. Rents could be raised to $1,050 - $1,100 per month before WIFI. Just barely made it pet friendly. So tenants pay $50 per month for pet rent. Adding a Laundromat on the property could easily generate $1,000 monthly or $12,000 annually Potential to add Covered parking to increase rent income as well. Please email the Owner with questions about the property and to set up a tour to come see this beautiful investment in person.
Features & Amenities
Interior
-
Total Bedrooms
16
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.62
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$2,995,000
-
Tax Amount
6385.0
-
Sq. Footage
7, 500
-
Price/SqFt
$399
HOA
-
Association
No
School District
-
Elementary School
Logan
-
Middle School
Mt Logan
-
High School
Logan
Property Features
-
Senior Community YN
NO
-
Sewer
Public Sewer
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Cache
Elementary School
Logan
Middle School
Mt Logan
High School
Logan
Listing Courtesy of Bryce Anderson , Intermountain Properties
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
HR Manager
RustyDog
Call Rusty today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.