3751 S Redmaple Rd E, Millcreek, UT 84106

Property Description

Great investment opportunity! This well-cared-for property offers an excellent opportunity for an investor looking to build or expand a rental portfolio. Even better, this property is part of a larger offering that includes three duplexes and a fourplex. That's 10 total units that can be purchased together. For an owner-occupant, this can be a great way to become a property owner while having other tenants help offset the mortgage payment. Great condition. Newer kitchens, windows, flooring, paint, etc. Each unit is currently renting for $1,600 per month. Market rent is $1,700 per month per unit, giving a Gross Rent Multiplier of 191 and a CAP Rate of 6.28. Whether you're looking for a single investment property or interested in acquiring the entire 10-unit portfolio, this is an opportunity worth exploring. See MLS #2188578 for 791 E Whitemaple Way, #2188573 for 1324 E 4170 S, and #2188566 for 180 E Baird Ave. Call Agent for Showing Appointments. Do not disturb tenants!