555 E 300 N, Logan, UT 84321

$899,500 Asking Price

6 beds
4 baths
3,254  sqft
Built in 1959

This 4-plex near Utah State University is an enticing investment opportunity, especially with its recent remodeling. Its prime location near the university ensures a steady stream of potential tenants, such as students, faculty, or staff, seeking accommodation close to campus. Each of the four units has been thoughtfully renovated, boasting modern amenities and stylish finishes. These improvements not only enhance the aesthetic appeal but also increase the property's desirability and potential rental income. Given its proximity to a university, the property offers excellent long-term investment potential. Demand for rental housing in university towns tends to remain robust, providing landlords with a stable income stream and potential for appreciation over time. Plus, with three out of the four units newly remodeled, the property is likely to attract higher-quality tenants who are willing to pay a premium for updated living spaces. Additionally, the presence of multiple units provides diversification and spreads risk, making it a more secure investment compared to single-unit properties. Overall, this 4-plex near Utah State University represents a compelling opportunity for investors looking to capitalize on both the rental market and the growth potential of the university community.

Features & Amenities

Interior

General:
Basement Apartment,Disposal,Kitchen: Updated,Range/Oven: Free Stdng.,Granite Countertops
Appliances:
Microwave,Refrigerator
Laundry:
Gas Dryer Hookup
Basement:
Daylight,Entrance,Full,Walk-Out Access
Flooring:
Carpet,Vinyl
Heating:
Gas: Central

Exterior

General:
Basement Entrance
Style:
Tri/Multi-Level
Parking:
Parking spaces: 9

Construction

Roofing:
Asphalt
Windows:
Blinds
General:
Blt./Standing

Location

Originating MLS:
UtahRealEstate.com
School District:
Logan
County:
Cache

Lot

Landscaping:
Landscaping: Full
Zoning:
Single-Family, Multi-Family, 06-059-0003
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:
Real Estate Essentials, Damon G Hudson

About Logan, UT

Housing

Number of Units
26,558
Median Home Value
$261,993
Median Rent
$761

51.00% of housing units are renter occupied.

4.70% are vacant.

Commute

Car
65.65%
Public Transportation
2.03%
Walk to Work
5.26%
Work from Home
25.24%
Other
0.16%

The median travel time to work is 12 minutes.

People

Population
75,816
Median Age
26.80
Median Household Size
3.06

Education

High School
18.94%
Associate’s Degree
6.99%
Bachelor’s Degree
26.23%
Graduate Degree
14.49%

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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