Property
Beds
12
Full Baths
None
1/2 Baths
None
Year Built
1973
Sq.Footage
4,352
Excellent multi-family investment opportunity situated on 0.80 acres 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. In addition to this property, the seller owns two adjacent 4-plexes and would prefer to sell all four buildings as a package. This offering includes a total of 16 units with a combined purchase price of $2,200,000. Square footage figures are provided as a courtesy estimate only and were obtained from Carbon County . Buyer is advised to obtain an independent measurement.
Features & Amenities
Interior
-
Total Bedrooms
12
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Other Exterior Features
Lighting
-
Parking
RV Access/Parking
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.8
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Up And Down
Price
-
Sales Price
$1,200,000
-
Tax Amount
$2,340
-
Sq. Footage
4, 352
-
Price/SqFt
$275
HOA
-
Association
No
School District
-
Elementary School
Carbon
-
Middle School
Mont Harmon
-
High School
Carbon
Property Features
-
Accessibility Features
Accessible Electrical and Environmental Controls
-
Senior Community YN
NO
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Location
County
Carbon
Elementary School
Carbon
Middle School
Mont Harmon
High School
Carbon
Listing Courtesy of Carla Saccomano , RE/MAX Bridge Realty
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Principal Broker | Realtor®
Summer Luke
Call Summer today to schedule a private showing.
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