Cash-Flowing Triplex with Garage
14 E MAIN ST Goshen, UT 84633
For Sale
$430,000
Three-unit property with separate addresses, two parcels, and rental income plus a separately leased storage garage.
Property Size3,488 SF
Price / SF$123.28
Days on Market30
Property Features for 14 E MAIN ST
General Information
Standard status
Active
Size
3,488 SF
Property subtype
Triplex
Building Details
Year Built
1958
Listing Agency:
EXP Realty, LLC
(801) 499-6087
Listed By:
Spencer Clawson
(801) 636-8426
Source:
Liftrealty
Added: Jul 1
Changed: Jul 26
Last Checked: Jul 30 at 5:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC
Investment Insights
Based on property information with market context.
This triplex includes three separate addresses: 14 E Main St, 16 E Main St, and 18 E Main St. The property operates as three income units, with two units currently rented at $1,200 per month and the third rented at $1,000 per month. In addition, the owner leases out a garage for storage for $300 per month.
The property is located on Goshen Main St, directly across from an elementary school.
The sale includes two tax IDs/parcels. Square footage figures are described as estimates from county records, and buyer/buyer brokers are advised to verify independently.
The property is located on Goshen Main St, directly across from an elementary school.
The sale includes two tax IDs/parcels. Square footage figures are described as estimates from county records, and buyer/buyer brokers are advised to verify independently.
Key Highlights
- Tri‑unit property built in 1958 with three separate addresses: 14, 16, and 18 E Main St.
- Two units rent for $1,200/month and the third rents for $1,000/month.
- Garage leased for storage at $300/month.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.1k | $13.80 |
| − Vacancy | −$2.2k | −$0.62 |
| EGI | $46.0k | $13.18 |
| − OpEx | −$13.8k | −$3.95 |
| NOI | $32.2k | $9.23 |
3,488 SF · lease $13.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$459.7K
$402.2K – $536.3K
NOI $32,178 @ 7.0% cap · market cap 7.48%
Second Best
Apartment 5plus
$422.7K
$369.8K – $493.1K
NOI $29,586 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$961.5K
$841.3K – $1.12M
NOI $67,304 @ 7.0% cap · market cap 15.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with separate addresses, two parcels, and rental income plus a separately leased storage garage.
Where is this triplex located?
The property is located at 14 E MAIN ST Goshen, UT.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Tri‑unit property built in 1958 with three separate addresses: 14, 16, and 18 E Main St.; Two units rent for $1,200/month and the third rents for $1,000/month.; Garage leased for storage at $300/month.
