Property profile

1043 2500 Ballard, UT 84066

OFF-MARKET
Residential income homes
Property ID
US86-1010304
3,458 SF 1.1 ac lot Built 1978
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Property summary

AI-generated overview

Exceptional investment opportunity in Ballard, Utah! This 1.1-acre property features a charming 1978-built duplex totaling 3,458 square feet, offering two identical units, each boasting 3 bedrooms, 1 full bath, and a family room. Unit 1 is month-to-month, while Unit 2 is under an 18-month lease, each currently generating $1,000 in monthly rent. Both units include modern conveniences such as dishwashers, ovens, ranges, and refrigerators. Unit 2 also features a fireplace. The property also includes an outbuilding/garage/shop with three overhead doors, perfect for storage or workshop space. A city water stub is conveniently located north of the duplex, presenting significant potential for future expansion or the addition of another residential unit. This property presents a rare chance to acquire a well-maintained duplex with substantial upside potential in a desirable location. The asking price is $480,000, translating to $138.81 per square foot and $240,000 per unit. The property's APN is 17:049:0009. Don't miss this chance to add this income-producing property to your portfolio.

Property profile

Verified
Property type Residential income homes
Year built 1978
Total area 3,458 SF
Lot 1.1 ac (47,916 SF)
UPID US86-1010304

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1043 2500 Ballard, UT 84066
Ballard metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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