Off Market

240 N 300 E, Moab, UT 84532

$450,000

6 bed · 4 bath · 3,418 sqft

GREAT INVESTMENT PROPERTY a few blocks from Moab Main St...2013 sq. ft. newly remodeled brick home, 3 bed/2 baths, formal dining rm, lg kitchen/family rm w/breakfast nook, and sunroom. PLUS 2 rental units (1-2 bedroom/1 bath, 1- 1 bedroom/1 bath for additional rental income). You will love this newly remodeled brick home surrounded by mature trees and lush vegetation located in the "Old Moab" area. This home offers nice privacy yet is just blocks from down town Moab. PLUS there is plenty of room for guests in the detached duplex. These rental units are being occupied by renters currently, so you could have additional income, or you could use them for your own guests. As you enter this home you will enjoy the spacious formal entry with hardwood floors and beautiful lighting. The living room is very inviting with large windows and a gorgeous new stacked rock fireplace. The open kitchen and family room are filled with light and very spacious with lots of cabinets and beautiful granite countertops. You can have casual meals in the breakfast nook surrounded by bay windows, eat in the formal dining room, or have a BBQ and relax in the sunroom. The bedrooms in this home are located on the opposite end of the home. The master suite is roomy and has a sliding glass door directly out to the sunroom. The master closet is a dream for someone who loves to buy clothes and shoes. You will also love soaking in the jetted tub in the master bath while watching the flames from the gas fireplace from the bathroom or the bedroom. This home currently rents for $1300. Lease is in place till Oct 31, 2016 The rental units on this property have a great rental history. Included in this approximately 1400 sq. ft. duplex there is a 2 bedroom/ 1 bath unit that rents for $800.00 per month, and a 1 bedroom/ 1 bath unit that rents for $700.00 per month. Both units are in fairly good condition and are a great asset to this property. Below these units are 2 additional garages. The owner uses them for his personal use. This is a great place to park jeeps and other Moab toys, or you could let the renters use them and charge more rent. All these rents could easily be raised to meet other rental rates in the area. Excluded from the sale is the washer and dryer in the house (belongs to the renter) and the Petrified wood in the front yard. This property has a lot to offer with landscaped yards, tons of parking, rental units, and a newly remodeled home all within a few blocks from Main Street. You can't go wrong investing in this property.

Photos (46)

Listing courtesy of Sue Dalton, Anasazi Realty, Inc.

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