$2,200,000

Multi Family In Wellington

  • 24 Beds
  • 8 Baths
  • 8,704 Sqft
  • 1.6 Ac lot
  • Updated: April 7
  • Source:
    UtahRealEstate (Wasatch Front)  MLS#2137753

About the Property

Excellent multi-family investment opportunity situated on 1.60 (parcel 1b-231-12 & 1b-231-11) acres 16 units total in Wellington. This well-maintained property offers strong rental income with room for long-term appreciation. Each unit rents for $850 per month Tenants pay $110 per month in utility reimbursement to the owner’s property manager for Wellington City utilities (water & garbage)
Excellent multi-family investment opportunity situated on 1.60 (parcel 1b-231-12 & 1b-231-11) acres 16 units total in Wellington. This well-maintained property offers strong rental income with room for long-term appreciation. Each unit rents for $850 per month Tenants pay $110 per month in utility reimbursement to the owner’s property manager for Wellington City utilities (water & garbage) Tenants place Rocky Mountain Power and Enbridge Gas in their own names, reducing owner utility exposure. Newer stucco exterior and asphalt driveway. 8 units have received updates within the past 3 years, including: 8 Central Air Units New carpet, Fresh interior paint, Updated cabinets (in select units). Washer and dryers are tenant-owned. 4 video walkthroughs of different units available upon request. Please do not disturb the tenants. This property presents a solid opportunity for investors seeking stabilized cash flow with improved exterior and interior updates already completed. Square footage figures are provided as a courtesy estimate only and were obtained from Carbon County . Buyer is advised to obtain an independent measurement.
  • Property type

    Other

  • Year built

    1973

  • Price/sqft

    $252

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102 W 250 S, Wellington, Utah, United States View on Google Maps
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RE/MAX Bridge Realty - Price

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RE/MAX Bridge Realty - Price
Utah, United States
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10
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2025
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RE/MAX Bridge Realty - Price
Price, Utah, United States
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Last updated
April 7
First listed
Feb 18
Listing reference
2137753
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