102 W 250 S, Wellington, UT 84542
- $2,200,000
- 24
- BD
- 8
- BA
- 8,704
- SqFt
- List Price
- $2,200,000
- Status
- ACTIVE
- Days on Market
- 164
- MLS#
- 2137753
- Style
- Up And Down
- Year Built
- 1973
- Bedrooms
- 24
- Bathrooms
- 8
- Living Area
- 8,704
- Lot Size
- 69,696
- Acres
- 1.60
- Subdivision
- Riverbend Subdivision
- MLS Area Major
- Wellington; East Wellington
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.
Additional Information
- Exterior Features
- Lighting
- Taxes
- $2,831
- Property Description
- Up And Down
- Zoning
- Multi-Family
- Flooring
- Carpet, Linoleum, Vinyl
- Heating
- Forced Air, Gas: Central
- Exterior Construction
- Stucco
- Roof
- Asphalt
- Parking Features
- Parking: Uncovered, Rv Parking
- School District
- Carbon
- Elementary School
- Wellington
- Middle School
- Mont Harmon
- High School
- Carbon
Mortgage Calculator
Listing courtesy of RE/MAX Bridge Realty.