MLS® ID: 1616465

4371 HIGHLAND

Holladay, Utah, 84124

$650,000 Active
  • 7 Beds
  • 3 Baths
  • 2240 SQFT
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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