1235 E Gordon Ave, Layton, UT 84040

Property Description

Rare opportunity to acquire a well-maintained townhouse-style fourplex in a desirable East Layton location, with the option to purchase the adjacent fourplex for a combined total of 8 units (see MLS #2175574). Each unit features 2 bedrooms, 1.5 bathrooms, washer and dryer hookups, central heating, and evaporative (swamp) cooling. Townhouse-style construction provides added privacy with no units above or below. Each unit includes a covered carport and a private storage shed. Several units have been updated with laminate flooring and new tub/shower surrounds. Current monthly rental income is $5,095, with rents of $1,350, $1,300, $1,250, and $1,195. Tenants pay their own gas and electricity, while the owner pays water, sewer, and trash. Conveniently located with easy access to Highway 89, shopping, schools, and major employers, this property offers stable in-place income and the rare opportunity to expand into an eight-unit portfolio in one of Layton's most desirable rental markets. Square footage figures are provided as a courtesy estimate only and were obtained from the county records. Buyer is advised to obtain an independent measurement.