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Michael ODay

michael@newbuildhomeexpert.com +1(801) 477-0277

$ 539,000

Est. payment -/mo

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3177 S ELMER ST Magna, UT 84044

5 Beds

2 Baths

2,188 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,188 sqft

Price per Sqft $246

Subdivision April Acres Sub

MLS Listing ID 2147307

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

Inclusions Dryer, Microwave, Range, Range Hood, Refrigerator, Washer

Fireplace No

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 No

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

Listing Terms Cash, Conventional, FHA, Seller Finance, VA Loan

Virtual Tour https://www.utahrealestate.com/report/display/report/photo/listno/2147307/type/1/pub/0

Listed by Coldwell Banker Realty (Union Heights)