FERNDALE DUPLEXES
Moab, UT 84532 369 East 100 South
369 EAST 100 SOUTH MOAB, UT 84532
TOTAL 4,900 SQFT
Located in the heart of downtown Moab! What an extraordinary opportunity to own an incredible income producing property! Featuring 3 duplexes on .69 acres of R3 zoned land, with four 2-bedroom, 1 bathroom units and two 3-bedroom, 1 bathroom units- all with private fenced-in backyards.
All have been remodeled in the last two years with new windows, doors, flooring, interior paint, light fixtures, cabinets, countertops, and more! All units are individually metered and climate controlled- making this a wonderful place for long term tenants to call home. Exceptional parking area- although this complex is walking distance to everything Moab has to offer!
• 3 Duplexes • Downtown Moab • Great tenants • Newly Remodeled • Large Parking Area
FERNDALE THREE OLDTOWN DUPLEXES
345 E 100 SOUTH, MOAB, UT - MAILBOX ADDRESS IS 369 E 100 SOUTH .62 ACRES R-3 ZONING
BUILDING ONE, UNITS 1 & 2 ›
› All roofs have been updated in the last 10 years. › All units have attached small exterior storage closets. › All units have independent climate control with gas hot water heaters, gas forced air furnaces, and roof mounted swamp coolers. › Parking lot offers 12-14 parking spaces and a dumpster area. › 2 storage units for Landlord’s maintenance supplies. GROSS POTENTIAL RENTS › Unit 1: $1,500, but currently $1,250 for Highway Patrolman & Family › Unit 2: $1,500 › Unit 3: $1,500 › Unit 4: $1,500 › Unit 5: $2,000 › Unit 6: $2,000 › Total: $10,000/month - $120,000/year
Two 2 bedroom, 1 bathroom units Approximately 750 square feet each
› › ›
Market rent $1,500 each Built approximately 1960
› Includes refrigerator, range, and unit 2 has a range hood
BUILDING TWO, UNITS 3 & 4 ›
Two 2 bedroom, 1 bathroom units Approximately 750 square feet each
› › ›
Market rent $1,500 each Built approximately 1960
› Includes refrigerator, range, and range hood
BUILDING THREE, UNITS 5 & 6 ›
Two 3 bedroom, 1 bathroom units Approximately 950 square feet each
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Market rent $2,000 each
1- car carport and driveway each
Built approximately 1970
ANNUAL EXPENSES ›
› Includes refrigerator, range, range hood, washer, and dryer each
Water/Sewer/Garbage: $3,500
› Commercial Property Insurance: $2,620 › Property Tax: $5,403 › Total: $11,523
COMPLEX › Individually metered gas and electricity, Tenants pay. › Landlord pays water, sewer, garbage › Each unit has a private, fenced-in backyard. › Units 2-6 are fully remodeled in the past 2 years including new windows, doors, light fixtures, kitchens, bathrooms, and other upgrades. › Unit 1 is also remodeled but retains older cabinets and has original hardwood floors.
MAIN STREET
345 E 100 S
This opportunity is not only a great cash flow investment, but a safe and quality housing complex.
Offered At $1,849,000 • Scan For More Info
(435) 260-8245 Rachel@BHHSUtah.com MoabReCo.com Rachel Moody REALTOR®
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