102 W 250 S, Wellington, UT 84542
102 W 250 S, Wellington, UT 84542
102 W 250 S, Wellington, UT 84542
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$2,200,000
Est. payment /mo
24 Beds
8 Baths
8,704 SqFt
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Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 8,704 sqft

Price per Sqft $252

Subdivision Riverbend Subdivision

MLS Listing ID 2137753

Style Up And Down

Bedrooms 24

Construction Status Blt./Standing

HOA Y/N No

Year Built 1973

Annual Tax Amount $2,340

Lot Size 1.600 Acres

Acres 1.6

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

Excellent multi-family investment opportunity situated on 1.60 (parcel 1b-231-12 & 1b-231-11) acres 16 units total 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. Square footage figures are provided as a courtesy estimate only and were obtained from Carbon County . Buyer is advised to obtain an independent measurement.

Location

State UT

County Carbon

Area Wellington; East Wellington

Zoning Multi-Family

Interior

Heating Forced Air, Gas: Central

Flooring Carpet, Linoleum, Vinyl

Inclusions Ceiling Fan, Dog Run, Range, Range Hood, Refrigerator

Equipment Dog Run

Fireplace false

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Lighting

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

View Y/N No

Roof Type Asphalt

Present Use Residential

Accessibility Accessible Electrical and Environmental Controls

Total Parking Spaces 16

Private Pool false

Building

Sewer Sewer: Connected

Water Culinary

Architectural Style Up And Down

Structure Type Stucco

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Wellington

Middle Schools Mont Harmon

High Schools Carbon

School District Carbon

Others

Senior Community No

Tax ID 1B-0231-0012

Acceptable Financing Cash, Conventional

Horse Property No

Listing Terms Cash, Conventional


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Listed by RE/MAX Bridge Realty

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1931 S 1100 E #200, Salt Lake City, UT, 84106, United States
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102 W 250 S