1043 2500, Ballard, UT 84066
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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