UT > Salt Lake City > Verdant Heig
Salt Lake City, UT 84109,3224 S VERDANT CIR
Salt Lake City, UT 84109,3224 S VERDANT CIR
Salt Lake City, UT 84109,3224 S VERDANT CIR
Salt Lake City, UT 84109,3224 S VERDANT CIR
Salt Lake City, UT 84109,3224 S VERDANT CIR
Salt Lake City, UT 84109,3224 S VERDANT CIR
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The Perry Group

The Perry Group

+1(801) 871-5259
$ 795,000
Est. payment | /mo

8 Beds

3 Baths

3,332 SqFt

Save
$ 795,000
Est. payment | /mo
Save

8 Beds

3 Baths

3,332 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,332 sqft

Price per Sqft $238

Subdivision Verdant Heig

MLS Listing ID 2012376

Style Other/See Remarks

Bedrooms 8

Construction Status Blt./Standing

HOA Y/N No

Year Built 1966

Annual Tax Amount $3,484

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 0.0x0.0x0.0

Property Description

**Do not disturb tenants** 3222-3224 S Verdant Circle is a spacious value-add duplex located in a prime neighborhood. This well-maintained property, built in 1966, offers significant investment potential. The seller is willing to finance $150,000 to $200,000 of the purchase price, allowing the buyer to obtain a traditional loan with supplemental seller financing to bridge the gap.'" The duplex spans approximately 3,332 SF, with each unit featuring 4BD/2BA, in-unit washers and dryers, and a separate backyard for each unit. The property boasts a large grassy open space on the west side, providing an excellent area to enjoy outdoor activities. This appealing outdoor space enhances the property's attractiveness to potential renters. Currently, rents at 3222-3224 S Verdant Circle are well below market rates. A new owner has the potential to significantly increase the NOI by renovating the property and adjusting rents to market levels. Additionally, by implementing utility reimbursement charges, the NOI can be further maximized. The property is ideally situated, providing convenient access to various amenities and services, making it a desirable location for tenants. This property represents an excellent opportunity for investors looking to capitalize on below-market rents and long-term growth potential.

Location

State UT

County Salt Lake

Area Salt Lake City; Ft Douglas

Interior

Fireplace No

Exterior

Waterfront No

View Y/N No

Present Use Residential

Private Pool false

Building

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools None/Other

Middle Schools None/Other

High Schools None/Other

Others

Senior Community No

Tax ID 16-27-306-004

Listed by Pathway Properties, LLC

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The Perry Group

+1(801) 871-5259 | contact@theperry.group

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3224 S VERDANT CIR