Listing Courtesy of: UTAH REAL ESTATE / Platinum Real Estate Group, Pllc

203 S 150 E Franklin, ID 83237

Active (12 Days)

$1,250,000

BED

BATH

5,672

SQFT

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Description

Turnkey Investment with Great Returns! Own this 2023-built 4-plex, offering a solid 5.5% cap rate and gross annual rents of $76,800! Each townhome has its own tax ID and meters, allowing you to sell individual units when the market is right or keep them as a cohesive income-generating property. Featuring quartz countertops and low-maintenance design, this is a hands-off investment with a low HOA of $60 per unit. Located just 25 minutes from Logan, Utah, this property provides strong rental demand and long-term growth potential, perfect for any investor looking to build wealth.

MLS #:
2026404

Taxes
$4,800

Lot Size
3,485 SQFT

Type
Multifamily

Year Built
2023

Views
False

School District
Preston Joint

County
Franklin County

Community
Country Meadows

Listed By

Colton Clark, Platinum Real Estate Group, Pllc

Source
UTAH REAL ESTATE
Last checked Oct 12 2024 at 10:20 AM PDT

Bathroom Details

Interior Features

Laundry: Electric Dryer Hookup
Dishwasher: Built-In
Great Room
Closet: Walk-In

Subdivision

Country Meadows

Lot Information

Vegetation: Landscaping: Full
Sprinkler: Auto-Full
Sidewalks

Property Features

Sprinkler: Auto-Full
Sidewalks

Heating and Cooling

Gas: Central
Forced Air

Homeowners Association Information

Dues: $60/Monthly

Flooring

Carpet

Exterior Features

Roof: Asphalt

Utility Information

Utilities: Water Connected, Sewer: Public, Sewer Connected, Electricity Connected, Natural Gas Connected
Sewer: Sewer: Public, Sewer: Connected

School Information

Elementary School: Oakwood
Middle School: Preston
High School: Preston

Garage

Garage
Attached Garage

Stories

Living Area

5,672 sqft

Location

Map View | Street View

Listing to Address

Address to Listing

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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

Down payment

Interest rate

Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: Copyright 2024 Utah Real Estate MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/12/24 03:20