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106 W 250 S, Wellington, UT, 84542

12beds
4baths
4,352sqft
$1,200,000
$276price/sqft
$7,401/moest. monthly cost
$296,040/yrincome needed

About This Home

Excellent multi-family investment opportunity situated on 0.80 acres in Wellington. This well-maintained property offers strong rental income with room for long-term appreciation. Each unit rents for $850 per month Tenants pay $110 per month in utility reimbursement to the owner's property manager for Wellington City utilities (water & garbage) Tenants place Rocky Mountain Power and Enbridge Gas in their own names, reducing owner utility exposure. Newer stucco exterior and asphalt driveway. 8 units have received updates within the past 3 years, including: 8 Central Air Units New carpet, Fresh interior paint, Updated cabinets (in select units). Washer and dryers are tenant-owned. 4 video walkthroughs of different units available upon request. Please do not disturb the tenants. This property presents a solid opportunity for investors seeking stabilized cash flow with improved exterior and interior updates already completed. In addition to this property, the seller owns two adjacent 4-plexes and would prefer to sell all four buildings as a package. This offering includes a total of 16 units with a combined purchase price of $2,200,000. Square footage figures are provided as a courtesy estimate only and were obtained from Carbon County . Buyer is advised to obtain an independent measurement.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

4/10
Wellington SchoolGrades PK-50.4 mi
6/10
3/10
Carbon High SchoolGrades 9-125.7 mi

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 1973

Materials

  • Roof: Asphalt
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Architectural style: Up And Down
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 4

Features

  • Flooring: Carpet,Linoleum,Vinyl

Heating

  • Heating features: Forced Air,Central

Interior Area

  • Total structure area: 4,352
  • Total interior livable area: 4,352 sqft

Property

Accessibility

  • Accessibility features: Accessible Electrical and Environmental Controls

Details

  • Parcel number: 1B02310011
  • Zoning description: Multi-Family
  • Exclusions: Dryer,Washer

Features

  • Exterior features: Lighting,Dog Run

Lot

  • Lot size: 0.80 Acres
  • Lot size dimensions: 0.0 x 0.0 x 0.0

Parking

  • Parking features: Open,RV Access/Parking
  • Has uncovered spaces: Yes