3157 ELMER, Magna, UT 84044
5BD/—BA Residential in Magna, UT 84044. 2,188 sqft. Built 1917. Listed at $539,000. MLS #2147306.
5BD/—BA Residential in Magna, UT 84044. 2,188 sqft. Built 1917. Listed at $539,000. MLS #2147306.
$539,000
Exceptional investment opportunity featuring three fully remodeled homes on the same street, offering strong cash flow with 8% cap rate and annual net income of $128,668. Each property has been completely updated with new plumbing and electrical, providing peace of mind for years to come. All three homes include fully functional mother-in-law apartments with separate basement entrances, making them ideal for maximizing rental income or multi-generational living. Every unit is thoughtfully designed with kitchens both upstairs and downstairs, along with in-unit washer and dryer setups on each level, creating convenience and flexibility for tenants. All units are currently rented, offering immediate income, with the option to deliver vacant if desired. Offered at $1,600,000 for all three properties, this is a rare turnkey investment with strong returns and modern upgrades throughout. Each unit can be delivered vacant. MLS numbers 2147306, 2147305, 2147307
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
County
Salt Lake
Zoning
Single-Family
Construction
Other
Lot Size
0.23 sq ft
Above Grade Area
1,094 sq ft
Condition
Blt./Standing
MLS #
2147306
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
County
Salt Lake
Zoning
Single-Family
Construction
Other
Lot Size
0.23 sq ft
Above Grade Area
1,094 sq ft
Condition
Blt./Standing
MLS #
2147306
List Price
$539,000
Annual Taxes
$2,538
Home Warranty
No
List Price
$539,000
Annual Taxes
$2,538
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Entrance,Full,Walk-Out Access
Materials
Other
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Entrance,Full,Walk-Out Access
Materials
Other
Appliances
Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
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Devin Tanner - Utah Realtor

Daryn Edmunds - High Road Properties

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