Property Facts

Days on URE 41
Status ACTIVE
MLS# 1990911
Type Single Family
Style Bungalow/Cottage
Year Built 1942

Welcome to a prime investment opportunity in the heart of Sandy. This versatile office building offers a lucrative blend of commercial and residential spaces, ideal for investors seeking steady rental income. **Property Highlights:** - **Prime Location:** Situated on 700 E, this property enjoys high visibility and accessibility, perfect for attracting business tenants. - **Multi-Use Building:** The building features three private offices on the main floor, providing ample workspace for professionals or small businesses. Additionally, the basement of the houses has a spacious one-bedroom apartment, offering a convenient living arrangement. - **Steady Rental Income:** Currently, the basement is rented out, and the tenant in the apartment expressing interest in continuing the lease, ensuring immediate and consistent cash flow for the new owner. - **Parking Availability:** The property boasts seven or more dedicated parking spaces, accommodating tenants and visitors with ease. **Property Details:** Three private offices with ample natural light and space for customization. Ideal for professionals, startups, or small businesses seeking a professional workspace. - **Bottom Floor:** A well-appointed one-bedroom apartment featuring modern amenities, including a kitchen, living area, bedroom, and bathroom. Perfect for individuals or couples looking for a comfortable living space in a central location. - **Exterior:** Well-maintained exterior with curb appeal, complemented by landscaping and adequate parking facilities. - **Potential for Expansion:** With the existing rental income and available space, there's potential for future expansion or renovation to maximize returns. Don't miss out on this exceptional investment opportunity in Sandy. Whether you're an experienced investor or looking to diversify your portfolio, this property offers both stability and growth potential. Schedule a showing today to explore the possibilities firsthand! Seller Financing Option: 50% down, Rate 2% over prime, Amortized over 30 years, Balloon payment due in 5 years *Note: All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence.*

Property Features

Other Features Include

  • Amenities:
  • Utilities: Gas: Connected; Power: Connected; Sewer: Connected; Sewer: Public; Water: Connected
  • Water: Culinary

Zoning Information

  • Zoning: BC

Rooms Include

  • 4 Total Bedrooms
    • Floor 1: 2
    • Basement 1: 2
  • 2 Total Bathrooms
    • Floor 1: 1 Full
    • Basement 1: 1 Half
  • Other Rooms:

Square Feet

  • Floor 1: 1016 sq. ft.
  • Basement 1: 1016 sq. ft.
  • Total: 2032 sq. ft.

Lot Size In Acres

  • Acres: 0.28

Buyer's Brokerage Compensation

3% - The listing broker's offer of compensation is made only to participants of UtahRealEstate.com.

Schools

Designated Schools

Elementary School East Sandy
Middle School Union
High School Hillcrest
School District Canyons

Nearby Schools

Nearby Schools data provided by GreatSchools.

For information about radon testing for homes in the state of Utah click here.

This 4 bedroom, 2 bathroom home is located at 8341 S 700 E in Sandy, UT. Built in 1942, the house sits on a 0.28 acre lot of land and is currently for sale at $640,000. This home is located in Salt Lake County and schools near this property include East Sandy Elementary School, Union Middle School, Hillcrest High School and is located in the Canyons School District.

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Contact Agent

Amanda  Romero
Amanda Romero
801-927-0559
Dawn  Wolfe
Co-Agent
Dawn Wolfe
801-649-8849

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Listing Broker

Live Work Play Company Logo
Live Work Play
1586 E Stratford Ave
2
Salt Lake City, UT 84106
801-414-2115

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