Utah's Premier | OnX Realty

Bungalow/Cottage

3157 S ELMER W

Magna , UT 84044

MLS#: 2147306

$539,000

Status: Active
Listing number: 2147306
Listing provided by: Coldwell Banker Realty (Union Heights)
Listing agent phone: None
Last update: 2 days ago
New on site 3 days ago
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Property

Beds

5

Full Baths

2

1/2 Baths

None

Year Built

1917

Sq.Footage

2,188

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. Each unit can be delivered vacant. MLS numbers 2147306, 2147305, 2147307

Features & Amenities

Interior

  • Other Interior Features

    In-Law Floorplan

  • Total Bedrooms

    5

  • Bathrooms

    2

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Natural Gas, Forced Air

  • Main Level Bedrooms

    2

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Other

  • Other Exterior Features

    Awning(s), Lighting

  • Parking

    Covered, RV Access/Parking

  • Pool

    No

Area & Lot

  • Lot Features

    Secluded

  • Lot Size(acres)

    0.23

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Bungalow/Cottage

Price

  • Sales Price

    $539,000

  • Tax Amount

    $2,538

  • Sq. Footage

    2, 188

  • Price/SqFt

    $246

HOA

  • Association

    No

School District

  • Elementary School

    Granite

  • Middle School

    N/A

  • High School

    Cyprus

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Salt Lake

Elementary School

Granite

Middle School

High School

Cyprus

Listing Courtesy of Rick Bentley , Coldwell Banker Realty (Union Heights)

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(801) 882-4009

Damon@OnXrealty.com


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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. Each unit can be delivered vacant. MLS numbers 2147306, 2147305, 2147307

3157 S ELMER W

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