163 S MAIN ST

Smithfield, UT 84335

Bungalow/Cottage

Smithfield, UT 84335

163 S MAIN ST

$979,000

MLS#: 2135763

Status: Active

Listing provided by: Professional Real Estate Services

Listing agent phone: None

Last update: a month ago

On site: 4 months ago

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About

Rarely does a home offer the lifestyle of a private residence with the financial power of a commercial portfolio. This unique property features a well-maintained 850 SF cottage situated on a versatile lot that includes an established, high-income business component, perfect for a buyer looking to live for free or significantly reduce their cost of living. This 1909-built home offers classic charm and a cozy, efficient layout. Whether you are looking for a primary residence or a high-demand rental, the home provides a private living space with the added benefit of being located right on Smithfield's historic Main Street. This sale includes two established revenue streams that function as a built-in subsidy: $20,000 Net Annual Income: The on-site U-Haul business is a turnkey operation that covers a massive portion of your mortgage. 41 Self-Storage Units: A consistent, low-maintenance income stream of more than $40,000 in net operating income.

Property

Beds

2

Full Baths

1

1/2 Baths

None

Year Built

1909

Sq.Footage

850

Features

Features & Amenities

Interior

  • Other Interior Features

    Master Downstairs

  • Total Bedrooms

    2

  • Bathrooms

    1

  • Basement YN

    NO

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    NO

  • Heating

    None

  • Main Level Bedrooms

    2

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Patio and Porch Features

    Porch

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Mountain(s)

Area & Lot

  • Lot Size(acres)

    0.63

  • Lot Size(square feet)

    27442.8

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Bungalow/Cottage

Price

  • Sales Price

    $979,000

  • Tax Amount

    $3,735

  • Zoning

    CBD

  • Sq. Footage

    850

  • Price/SqFt

    $1,151

HOA

  • Association

    No

School District

  • Elementary School

    Cache

  • Middle School

    North Cache

  • High School

    Sky View

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

Schedule

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Location

  • County

    Cache

  • Elementary School

    Cache

  • Middle School

    North Cache

  • High School

    Sky View

Listing Courtesy of Nate Worthen , Professional Real Estate Services

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Rarely does a home offer the lifestyle of a private residence with the financial power of a commercial portfolio. This unique property features a well-maintained 850 SF cottage situated on a versatile lot that includes an established, high-income business component, perfect for a buyer looking to live for free or significantly reduce their cost of living.  This 1909-built home offers classic charm and a cozy, efficient layout. Whether you are looking for a primary residence or a high-demand rental, the home provides a private living space with the added benefit of being located right on Smithfield's historic Main Street.   This sale includes two established revenue streams that function as a built-in subsidy:  $20,000 Net Annual Income: The on-site U-Haul business is a turnkey operation that covers a massive portion of your mortgage.  41 Self-Storage Units: A consistent, low-maintenance income stream of more than $40,000 in net operating income.

163 S MAIN ST

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