Julie Pace

Rare find in the heart of Bountiful. Seller is willing to finance up to $1,280,000.00 at 5.75%, payments amortized over 30 years with a 5 year balloon payment, OAC. This well maintained 5-plex is a fantastic investment opportunity with a 98.1% occupancy rate over the last 10 years. Three of the units feature 3 bedrooms, 1.5 baths, central air, and an attached garage. The other two units offer 2 bedrooms, 1.5 baths, and central air. A comprehensive remodel of two of the largest units has just been completed including: new kitchen cabinets, counter tops and appliances, new bathroom vanities, new flooring, and new paint throughout. One of the updated units has not been listed for rent yet and is available to view upon request. Please contact the owner to set up a time to view. All other units are rented, PLEASE DO NOT DISTURB TENANTS. Remaining units can be viewed, by appointment, after an offer has been accepted. Proof of funds required with written offers. Three of the 5 units have their own property tax I. D. numbers, with the last two units (1475/1476) sharing one tax ID. Seller is related to agent. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.

* * Back on the market * * This well-maintained 4-plex is located on a quiet cul-de-sac and boasts an occupancy rate of 98.9% over the past 12 years. Each unit features 2 spacious bedrooms, 1 full bathroom, central air conditioning, in-unit laundry hookups, covered parking, and storage. Each unit has a unique address (215 W, 217 W, 219 W, 221 W) and the building is configured in an up/down style. Tenants pay gas and electricity. Landlord pays water, garbage and sewer, $183.00 per month. Roof was professionally inspected this spring and was found to be in good repair. All furnace and AC units were replaced in 2012. All tenants are on a month to month lease. Monthly rent amounts: Unit 1- $1,350 Unit 2- $1,075 Unit 3- $1,340 Unit 4- $1,255 Seller is willing to finance up to $800,000 at the amazing rate of 5.75%, OAC, payments amortized over 30 years with a 5 year final balloon payment. DO NOT DISTURB TENANTS, one unit is vacant and available for showing, contact owner or agent to set up an appointment. The other three units will be made available for inspection after an offer is accepted. Agent is related to seller. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.

Real Estate Professional with over a decade of experience assisting clients in the selling and home buying process. 

Julie Pace

About Julie Pace

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Recent property sales & transaction history

2 properties

Bountiful

Family Home

$1,150,000 to $1,450,000

4,200 ft² to 5,100 ft²

Properties for sale by listing agent Julie Pace

$999,000

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