EXCELLENT MULTI FAMILY INVESTMENT W/NET ZERO ENERGY (is a net contributor to the grid with effectively NO UTILITY ENERGY COSTS. GROSS INCOME $48k/yr, all utility expense: $756/yr. Prop Tax: $2878. NET INCOME: $44,366 = 6.8% CAP RATE. Two extensive SOLAR ARRAYS provide covered parking. Electric car charging on site. The 2,240 sq ft / 1,120 sq ft on each level has been updated with the highest quality highly efficient systems. Zoning is multi family. Current use upstairs is office with equivalent of 4 bedrooms and two bathrooms with a shower. Downstairs is 3 bedrooms, a bath and an open area and full kitchen. Great Traffic (18,000/day) and visibility on Highland Dr in Holladay. Zoned for 16 units per acre, 3 possible residential units on parcel. Handicap Access, Parking, and quick access to I-215 and I-15. A great multi family investment or business location. Note, not all bedrooms currently have closets. Property is a legal non-conforming office use for a conversion completed under Holladay City in multifamily RM zone. Note photos. Excellent office or muli-family owner user or investment opportunity.
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Listing courtesy of Colliers International Intermountain LLC (WASATCH)
Amenities
Full baths
3
Full Baths Range
3 Baths
Total Baths
3
Zip
84124
Office name
Colliers International Intermountain LLC (WASATCH)
SQFT
2240
Bedrooms
7
Property type
Duplex
School district
Granite
Elementary school
Driggs
Junior high
Olympus
High school
Olympus
Year built
1931
Agent name
Jared Booth
Tax amount
$ 2878.0
Purchase Type
Active
HOA fees
$ 0
Price Range
$600k-$700k
Square Feet Range
2000-2500 sq ft.
Bedrooms Range
7 Beds
Year Built Range
1989 (and earlier)
Office ID
70604
Agent ID
45500
Location
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