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$2,200,000

Est. payment - /mo

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24 Beds

8 Baths

8,704 SqFt

New

102 W 250 S Wellington, UT 84542

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Brian Olsen

brian@dreams2realtor.com +1(801) 313-0678

UPDATED:

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 8,704 sqft

Price per Sqft $252

Subdivision Riverbend Subdivision

MLS Listing ID 2185955

Style Up And Down

Bedrooms 24

Construction Status Blt./Standing

HOA Y/N No

Year Built 1973

Annual Tax Amount $2,831

Lot Size 1.600 Acres

Acres 1.6

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

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.

Location

State UT

County Carbon

Area Wellington; East Wellington

Zoning Multi-Family

Interior

Heating Forced Air, Gas: Central

Flooring Carpet, Linoleum, Vinyl

Fireplace false

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Lighting

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Asphalt

Present Use Residential

Accessibility Accessible Electrical and Environmental Controls

Total Parking Spaces 16

Private Pool false

Building

Sewer Sewer: Connected

Water Culinary

Architectural Style Up And Down

Structure Type Stucco

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Wellington

Middle Schools Mont Harmon

High Schools Carbon

School District Carbon

Others

Senior Community No

Tax ID 1B-0231-0012

Acceptable Financing Cash, Conventional

Horse Property No

Listing Terms Cash, Conventional

Listed by RE/MAX Bridge Realty

NEARBY SCHOOL & BUSINESS

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Brian Olsen

Agent License ID: 11972802-SA00

+1(801) 313-0678

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102 W 250 S Wellington, UT 84542

Brian Olsen

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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102 W 250 S