8341 S 700 E, Sandy, UT 84070

  • $640,000
  • $640,000
8341 S 700 E, Sandy, UT 84070
For Sale

8341 S 700 E, Sandy, UT 84070

8341 S 700 E, Sandy, UT 84070
  • $640,000
  • $640,000

Overview

Property ID: 530268
  • Single Family Home
  • Property Type
  • 4
  • Bedrooms
  • 1
  • Bathroom
  • 2032.0
  • Square Feet
  • 1942
  • Year Built

Description

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.*

Details

Updated on May 15, 2024 at 9:10 am
  • Property ID: 530268
  • Price: $640,000
  • Property Size: 2032.0 Square Feet
  • Land Area: 0.28 Acres
  • Bedrooms: 4
  • Bathroom: 1
  • Year Built: 1942
  • Property Type: Single Family Home
  • Property Status: For Sale
  • Living Area: 2032.0
  • MLS#: 1990911
  • Office Name: LIVE WORK PLAY
  • Agent Name: Amanda Romero
  • MLS Status: Active
  • Living Area Prefix: Square Feet

Additional details

  • Roof: Asphalt
  • Sewer: Sewer: Connected,Sewer: Public
  • Cooling: Evaporative Cooling
  • Heating: Forced Air,Gas: Central
  • Tax Annual: 5329
  • Flooring: Carpet
  • County: Salt Lake
  • Property Type: Residential
  • Elementary School: East Sandy
  • Middle/Junior School: Union
  • High School: Hillcrest
  • Water Source: Culinary
  • Lot Features: Additional Land Available,Curb & Gutter,Fenced: Part,Sprinkler: Auto-Full
  • Window Features: Blinds,Full
  • Address 8341 S 700 E
  • City Sandy
  • State/county UT
  • Zip/Postal Code 84070
  • Area CROSLAND/BUCKLAND
  • Country United States

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Terry Morrison
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Terry Morrison
  • Terry Morrison