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12677 S 1630 W, Riverton, UT 84065

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For Sale

$899,900

7 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

RARE RIVERTON OPPORTUNITY! (2nd Building Units 5,6,7,8) This 4Plex property makes for a wonderful 1031 exchange, owner occupied investment, or a land purchase for surrounding home owners in the area. This has been a families 1031 exchange for 19 years and as such, the tenants have all been kids, friends, and community members in need at reduced rents. This family has used this property as a way to give back into their community and lovingly upkept and maintained it well. Each tenant is month to month and aware that rents will very likely increase. Market rents should be $900-1000 for the 1 bedroom units apx, and $1200-1300 for 2 bedroom units apx. Seller has renovated and updated most units as they have cycled out tenants. All but one bathroom has new counters and shower inserts. All the plumbing and electrical is in working order and fit for intended purposes, and there is no large deferred maintenance to the property. Roof is still under warranty. 2 Units are vacant on purpose for showings and the other 6 units are available with 24-48 hour notice to a buyer with solid interest. Do not knock on units 1,3,4,5,6,7 but 2 and 8 are easy to show and keyboxed with CBS Code. Seller provided great records and you can find those as attachments to the MLS. NOTE: Units are NOT Identical. This building has 3 units that are 2 bedroom, and 1 bathroom and 1 units that are 1 bedroom, 1 bathroom. Seller is preferring to sell this 4 plex with the partnering property 12679 S. 1630 W. Riverton, listed as MLS 2015642
MLS# 2022256

Courtesy Of Domain Real Estate, LLC

(801) 898-3293

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Double Pane Windows, Dock, Patio
  • Architecture Style
    Other
  • Floor Covering
    Carpet, Linoleum, Tile
  • Heating System
    Central Furnace, Forced Air
  • Lot Size
    0.31 Acres
  • View Type
    Mountain

Map and Directions

Directions to 12677 S 1630 W, Riverton, UT 84065

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CENTURY 21 Everest

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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