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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
19
Photos
4
beds
2
baths
2,032
sqft
Built in
1942
Welcome to a prime investment opportunity in the heart of Sandy. This versatile office building offers a lucrative blend of commercial and residential spaces, ideal for investors seeking steady rental income. **Property Highlights:** - **Prime Location:** Situated on 700 E, this property enjoys high visibility and accessibility, perfect for attracting business tenants. - **Multi-Use Building:** The building features three private offices on the main floor, providing ample workspace for professionals or small businesses. Additionally, the basement of the houses has a spacious one-bedroom apartment, offering a convenient living arrangement. - **Steady Rental Income:** Currently, the basement is rented out, and the tenant in the apartment expressing interest in continuing the lease, ensuring immediate and consistent cash flow for the new owner. - **Parking Availability:** The property boasts seven or more dedicated parking spaces, accommodating tenants and visitors with ease. **Property Details:** Three private offices with ample natural light and space for customization. Ideal for professionals, startups, or small businesses seeking a professional workspace. - **Bottom Floor:** A well-appointed one-bedroom apartment featuring modern amenities, including a kitchen, living area, bedroom, and bathroom. Perfect for individuals or couples looking for a comfortable living space in a central location. - **Exterior:** Well-maintained exterior with curb appeal, complemented by landscaping and adequate parking facilities. - **Potential for Expansion:** With the existing rental income and available space, there's potential for future expansion or renovation to maximize returns. Don't miss out on this exceptional investment opportunity in Sandy. Whether you're an experienced investor or looking to diversify your portfolio, this property offers both stability and growth potential. Schedule a showing today to explore the possibilities firsthand! Seller Financing Option: 50% down, Rate 2% over prime, Amortized over 30 years, Balloon payment due in 5 years *Note: All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence.*
Features & Amenities
Interior
- Basement:
- Full,Walk-Out Access
- Flooring:
- Carpet
- A/C:
- Evaporative Cooling
- Heating:
- Forced Air,Gas: Central
Exterior
- Style:
- Bungalow/Cottage
- Parking:
- Parking spaces: 0
Construction
- Roofing:
- Asphalt
- Windows:
- Blinds,Full
- General:
- Blt./Standing
Location
- Originating MLS:
- UtahRealEstate.com
- School District:
- Canyons
- County:
- Salt Lake
Lot
- Topography:
- Additional Land Available, Curb & Gutter, Fenced: Part, Sprinkler: Auto-Full
- Zoning:
- Commercial, 22-32-303-025
- Current Use:
- Single Family
Utilities
- Utilities:
- Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
- Water:
- Culinary
- Sewer:
- Sewer: Connected,Sewer: Public
Financial
- Source:
- UtahRealEstate.com
This listing courtesy of:
Live Work Play, Amanda Romero
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Sandy, UT
Housing
- Number of Units
- 40,672
- Median Home Value
- $406,637
- Median Rent
- $1,283
22.24% of housing units are renter occupied.
4.85% are vacant.
Commute
- Car
-
59.09%
- Public Transportation
-
1.89%
- Walk to Work
-
1.10%
- Work from Home
-
37.28%
- Other
-
0.38%
The median travel time to work is 15 minutes.
People
- Population
- 114,052
- Median Age
- 36.80
- Median Household Size
- 3.09
Education
- High School
-
18.35%
- Associate’s Degree
-
8.56%
- Bachelor’s Degree
-
29.12%
- Graduate Degree
-
15.04%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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