Off Market

558 N Redwood Rd #4-3, Salt Lake City, UT 84116

$104,900

4 bed · 1.5 bath · 1,240 sqft

NOI = $6,000 per year Consistent cash flow. Turnkey: Property Managed for 30 years = No Hassle, mail box rental income! This is an investment property that is already rented, NO "owner occupied" is available. It you want to manage the townhome yourself and save $80 a month of property management to add $960 to the NOI that is your choice. At a 6% CAP Rate $960 more NOI is worth an extra $16,000 of value. That means you would be buying it at that $16,000 discounted price. The tenant has been here for multiple years and has no plans to move.

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Buy with GIDDY DIGS for a 2% buyer commission — requested from the seller with your offer.