272 N CENTER St
Property Description
$175,000 price drop. Come get it before it's gone! 8-Plex | Center St, American Fork Yeah - it's that one. The white 8-plex on Center Street everyone drives past and and says "I'd love to own that one day" well, Here's your chance. All units are rented and we have $136,104 projected gross rent coming in for the next 12 months. Five of eight units fully updated (We are talking torn down the studs and completely remodeled, cabinets, flooring, fixtures, counter tops, EVERYTHING! Off-street parking. Storage unit for every tenant. Location that rents itself. This is the kind of building people ask me to find for them and I never have one. Eight doors, already producing, with three units left to renovate - which is the polite way of saying there's upside sitting right there for whoever wants it. Tenants stay because there's parking and a place to put their stuff. Owners stay because the checks clear. Just a clean, cash-flowing 8-plex in a market where nobody's building these anymore. Unicorn is an overused word. This one earns it. Serious buyers only - proof of funds with offers. NO SHOWINGS WITHOUT AN ACCEPTED OFFER.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,199,000 |
| No. of Units: | 8 |
| Year Built: | 1976 |
| Lot Size: | 7,096.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $274,875 |
| Property Website | Click Here |
| Number of Bedrooms: | 16 |
| Number of Bathrooms: | 8 |
ID: 3yd-WFRMLSUT-2172750
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