760 MAIN, Brigham City, UT 84302
44BD/—BA Residential in Brigham City, UT 84302. 19,050 sqft. Built 1984. Listed at $4,990,000. MLS #2152226.
44BD/—BA Residential in Brigham City, UT 84302. 19,050 sqft. Built 1984. Listed at $4,990,000. MLS #2152226.
The Flats on Main is a 24-unit multifamily community situated on a 1 acre lot in the heart of Brigham City, Utah. 2 buildings side by side with 12 units in each building. Built in 1984 this property has undergone a comprehensive renovation program has across the majority of units over the last 3 years, featuring new laminate flooring, freshly painted cabinets with updated hardware,3 all new appliances, new light & plumbing fixtures throughout. All new AC units have been installed in all 24 units. Exterior upgrades include refreshed branding and signage, painting, a new fenced dog run, BBQ area and a pergola gathering area. Each unit features in-unit washer/dryer hookups, a dedicated private storage shed, and access to approximately 50 on-site parking spaces. Fully leased with proffesional management, each unit is achieving market rents. This is as clean a deal as they come. Truly a gem of a property situated in a highly growing market with strong demand from tenants.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 2
County
Box Elder
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
1 sq ft
Condition
Blt./Standing
MLS #
2152226
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Stories: 2
County
Box Elder
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
1 sq ft
Condition
Blt./Standing
MLS #
2152226
List Price
$4,990,000
Annual Taxes
$20,698
Home Warranty
No
List Price
$4,990,000
Annual Taxes
$20,698
Home Warranty
No
Heating
Forced Air,Gas: Central
Roof
Asphalt
Flooring
Laminate
Materials
Brick,Stucco
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Roof
Asphalt
Flooring
Laminate
Materials
Brick,Stucco
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
2
Total Parking
47
Covered Spaces
2
Total Parking
47
Why this is a deal
Classification
Standard
Deal Score
80/100
vs Market Median
58% above
Area Growth (YoY)
8.4%
Deal Score Breakdown
80/100 · 1 qualifying signal
8.4% year-over-year ZHVI growth in this area
Priced 58% above the per-subtype city median
STR net cashflow -$17,595/mo (-52.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Not enough comparable listings
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Est. Annual Revenue
$268,271/yr
$136/night · 44% occupancy · $51/bedroom · $0.08/sqft
Net Monthly Cash Flow
−$17,594 /mo (−$211,128/yr)
Monthly STR income
Monthly ownership cost
Coverage
67%
Net /mo
−$17,595
DSCR
0.63
$432,000
+1055% vs median
76 days
68
$260,000 – $1,699,000
$20,698
Low Crime
7.1
per 1,000
10.5
per 1,000
2.2
per 1,000
19.9
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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