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3177 S ELMER ST Magna, UT 84044
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Key Details
Sold Price -
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,188 sqft
Subdivision April Acres Sub
MLS Listing ID 2147307
Sold Date -
Style Bungalow/Cottage
Bedrooms 5
Full Baths 2
Construction Status Blt./Standing
HOA Y/N No
Abv Grd Liv Area 1,094
Year Built 1917
Annual Tax Amount $2,594
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Single Family Residence
Property Description
Exceptional investment opportunity featuring three fully remodeled homes on the same street, offering strong cash flow with 8% cap rate and annual net income of $128,668. Each property has been completely updated with new plumbing and electrical, providing peace of mind for years to come. All three homes include fully functional mother-in-law apartments with separate basement entrances, making them ideal for maximizing rental income or multi-generational living. Every unit is thoughtfully designed with kitchens both upstairs and downstairs, along with in-unit washer and dryer setups on each level, creating convenience and flexibility for tenants. All units are currently rented, offering immediate income, with the option to deliver vacant if desired. Offered at $1,600,000 for all three properties, this is a rare turnkey investment with strong returns and modern upgrades throughout. MLS numbers 2147306, 2147305, 2147307
Location
State UT
County Salt Lake
Area Magna; Taylrsvl; Wvc; Slc
Zoning Single-Family
Rooms
Basement Entrance, Full, Walk-Out Access
Main Level Bedrooms 2
Interior
Interior Features Basement Apartment, Kitchen: Second, Mother-in-Law Apt., Granite Countertops
Heating Forced Air, Gas: Central
Cooling Central Air
Flooring Carpet, Tile
Fireplace false
Window Features Full
Appliance Dryer, Microwave, Range Hood, Refrigerator, Washer
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Awning(s)
Garage Spaces 2.0
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
View Y/N No
Roof Type Asphalt
Present Use Single Family
Topography Fenced: Full
Total Parking Spaces 6
Private Pool false
Building
Lot Description Fenced: Full
Story 2
Sewer Sewer: Connected, Sewer: Public
Water Culinary
Architectural Style Bungalow/Cottage
Finished Basement 100
Structure Type Other
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Lake Ridge
High Schools Cyprus
School District Granite
Others
Senior Community No
Tax ID 14-28-302-007
Acceptable Financing Cash, Conventional, FHA, Seller Finance, VA Loan
Horse Property No
Listing Terms Cash, Conventional, FHA, Seller Finance, VA Loan
Financing Conventional
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Bought with The Summit Group
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