Exterior Features: Out Buildings, Lighting, Storm Doors, Patio: Open
Swimming Pool: No
School District: Canyons
Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Address: 13413 S MINUTEMAN
County: Salt Lake
Property Taxes: $7,377
This is a rare opportunity to own a solid brick mixed use community in Draper near the Tech Mecca at the point of the mountain. The property is fully remodeled and fully leased with professional property management in place to make this a complete turnkey investment for the right Buyer. There are a total of five buildings on separate tax parcels that can be sold separately or all together. There are three side-by-side duplexes, one triplex, and there is one commercial retail/shop space with a bathroom. There are a total of nine residential units and one commercial unit. There is no HOA currently in place or required. All five buildings have new TPO membrane 50 year roofs, laundry hookups in all nine residential units, new flooring throughout in all nine residential units, new paint inside and outside on all ten units, and updates to fixtures, appliances, and window coverings, etc have already been made. The triplex has a new electrical meter base and all new electrical wiring as well. Top market rents make this a great buy and hold cash-flowing investment for years to come. This is also an excellent value add opportunity as the future of this part of the valley is bright and redevelopment is everywhere right now including both North and South of this property. See also MLS # 1732890 to view the listing for the side-by-side duplex which includes units 1&2. All buildings can be sold and financed separately. Buyer can possibly leverage the separate buildings and tax parcels to acquire multiple residential investment loans and avoid burdensome and expensive commercial financing.