679 S 200 E, Brigham City, UT 84302

$7,200,000
76
BD
38
BA
48,384
SqFt

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List Price
$7,200,000
Status
ACTIVE
Days on Market
34
MLS#
2178515
Foreclosure
Yes
Year Built
1944
Bedrooms
76
Bathrooms
38
Living Area
48,384
Lot Size
87,120
Acres
2
MLS Area Major
Brigham City; Perry; Mantua

Property Description

Exceptional investment opportunity with a proven income producing history! Situated on approximately 2 acres, this well maintained multifamily property offers an impressive 39 residential units, multiple additional income streams and extensive capital improvements already completed. The community features 7 buildings with 4 units in each building and an additional 2 buildings with 5 units in each. This project consists of 36- 2 bedroom, 1 bath units, 1- 3 bedroom unit, and 1-1 bedroom unit. Also included is a spacious 2,280 sq. ft. manufactured home with 4 bedrooms. Beyond the residential units, the property includes 20 separately rented storage sheds, a dedicated laundry facility, and on-site management office, creating additional revenue opportunities. Residents enjoy generous green space, ample parking, a playground, and a gazebo, enhancing the overall appeal of the community. Currently operating with HUD assistance, 29 units are income restricted while 10 units are market rate, providing a balanced investment portfolio. Owners have invested significantly in the property's long term value. Nearly every unit has been updated, many with newer appliances. Additional improvements include newer windows and exterior doors throughout, roofs replaced within the past 10 years. Please call agent for additional information.

Additional Information

Interior Features
Disposal, Range/Oven: Free Stdng., Dishwasher: Built-In
Exterior Features
Double Pane Windows, Out Buildings, Porch: Open
Taxes
$32,647
Zoning
Multi-Family
Flooring
Carpet, Linoleum, Tile
Heating
Forced Air, Gas: Central
Exterior Construction
Brick
Roof
Asphalt
School District
Box Elder
Elementary School
Mountain View
Middle School
Box Elder
High School
Box Elder

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Calculator source: Real Geeks

Listing courtesy of Besst Realty Group LLC.