Beautifully Remodeled 16 Unit Apartment Complex located in a quiet Neighborhood in Logan. This multi-family apartment complex is very attractive for both tenants as well as investors because its been 100% remodeled top to bottom inside and out! This Property Never has any vacancies. Most tenants have been married students… Read More attending USU or working adults that want a brand new remodeled Apt near downtown Logan. It has 16 spacious studio apartments. Units #1-8 on the main floor and Units #9-16 are upstairs on the 2nd floor. Each apartment is the same size. The property was completely remodeled in 2019. Brand New Everything! New Plumbing, New Electrical, Outlets and Fixtures, New Insulation, New Drywall, New Paint, New Flooring, New Cabinets, New countertop & Sinks, New Fridge, New Stove & New Microwave, New Furnaces & Water Heaters, New Culture Marble shower, New Exterior Doors and Interior Doors. New Windows, New Blinds EVERYTHING is BRAND NEW on the Inside!!! Each unit rents for $1,000 which Includes Wifi. All 16 leases are all 12 month leases. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement. PLEASE DO NOT DISTURB TENANTS. 2023 - Roof was Replaced 2024 - New gutters, New soffit & Fascia. New subfloor on upper walkway for 2nd story 2024 - New paint on exterior building and railings. Fresh black top sealing for parking lot and fresh painted lines and numbers in parking lot. 2024 - Brand new Fence on south side of property. Rents are below market. Rents could be raised to $1,050 - $1,100 per month before WIFI. Just barely made it pet friendly. So tenants pay $50 per month for pet rent. Adding a Laundromat on the property could easily generate $1,000 monthly or $12,000 annually Potential to add Covered parking to increase rent income as well. Please email the Owner with questions about the property and to set up a tour to come see this beautiful investment in person. Read Less
Courtesy of Bryce Anderson, Intermountain Properties 801-898-2213
Listing Snapshot
Days Online
5
Last Updated
Property Type
> 4 Units
Beds
16
Square Ft.
7,500
Lot Size
0.62 Acres
Year Built
1965
MLS Number
2077526
Additional Details
Building
Building Area Total: 7500, Living Area: 7500, Living Area Units: Square Feet, Year Built: 1965
Property
Current Use: Residential, Parcel Number: 06-046-0034, Property Condition: Blt./Standing, Property Sub Type: > 4 Units, Property Type: Residential, Vegetation: Mature Trees
Floors
Flooring: Hardwood
Heating
Heating: Gas: Central, Heating YN: t
Lot
Lot Features: Fenced: Part, Sprinkler: Auto-Full, Lot Size Acres: 0.62, Lot Size Area: 0.62, Lot Size Dimensions: 0.0x0.0x0.0, Lot Size Square Feet: 27007, Lot Size Units: Acres, Topography: Fenced: Part, Sprinkler: Auto-Full