555 E 300 N Active

Logan,UT 84321

$ 800000

6 Beds

4 Baths

3254 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,254 sqft

Price per Sqft $245

MLS Listing ID 2004112

Style Up And Down

Bedrooms 6

Construction Status Blt./Standing

HOA Y/N No

Year Built 1959

Annual Tax Amount $2,063

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 0.0x0.0x0.0

Property Description

**Huge price reduction**This 4-plex near Utah State University is an enticing investment opportunity, especially with its recent remodeling. Its prime location near the university ensures a steady stream of potential tenants, such as students, faculty, or staff, seeking accommodation close to campus. Each of the four units has been thoughtfully renovated, boasting modern amenities and stylish finishes. These improvements not only enhance the aesthetic appeal but also increase the property's desirability and potential rental income. Given its proximity to a university, the property offers excellent long-term investment potential. Demand for rental housing in university towns tends to remain robust, providing landlords with a stable income stream and potential for appreciation over time. Plus, with three out of the four units newly remodeled, the property is likely to attract higher-quality tenants who are willing to pay a premium for updated living spaces. Additionally, the presence of multiple units provides diversification and spreads risk, making it a more secure investment compared to single-unit properties. Overall, this 4-plex near Utah State University represents a compelling opportunity for investors looking to capitalize on both the rental market and the growth potential of the university community.

Location

State UT

County Cache

Area Logan; Nibley; River Heights

Zoning Multi-Family

Interior

Interior Features Basement Apartment,Range/Oven: Built-In,Vaulted Ceilings

Heating Gas: Central

Flooring Carpet,Laminate

Inclusions Dryer, Range, Refrigerator, Washer

Fireplace No

Window Features Blinds

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Basement Entrance,Walkout

Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected

Waterfront No

View Y/N Yes

View Mountain(s)

Roof Type Asphalt

Present Use Residential

Topography Fenced: Part, Sprinkler: Auto-Part, View: Mountain

Total Parking Spaces 9

Private Pool false

Building

Lot Description Fenced: Part,Sprinkler: Auto-Part,View: Mountain

Faces South

Sewer Sewer: Connected

Water Culinary

Structure Type Brick,Frame

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Adams

Middle Schools Mt Logan

High Schools Logan

School District Logan

Others

Senior Community No

Tax ID 06-059-0003

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

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