About This Home
This 8-bedroom, 6-bathroom multi-family at 1235 E GORDON Ave in Layton, UT is listed for $850,000 ($215 per sqft). Built in 1971, the home offers 3,960 sqft of living space on a 0.23 acres lot.
Key Features
- Built in 1971
- 0.23 acre lot
- 2 stories
- 4 parking spaces
Property Details
Rare opportunity to acquire a well-maintained townhouse-style fourplex in a desirable East Layton location, with the option to purchase the adjacent fourplex for a combined total of 8 units (see MLS #2175574). Each unit features 2 bedrooms, 1.5 bathrooms, washer and dryer hookups, central heating, and evaporative (swamp) cooling.
Townhouse-style construction provides added privacy with no units above or below. Each unit includes a covered carport and a private storage shed. Several units have been updated with laminate flooring and new tub/shower surrounds. Current monthly rental income is $5,095, with rents of $1,350, $1,300, $1,250, and $1,195.
Tenants pay their own gas and electricity, while the owner pays water, sewer, and trash. Conveniently located with easy access to Highway 89, shopping, schools, and major employers, this property offers stable in-place income and the rare opportunity to expand into an eight-unit portfolio in one of Layton's most desirable rental markets. Square footage figures are provided as a courtesy estimate only and were obtained from the county records. Buyer is advised to obtain an independent measurement.
Monthly Cost Estimate
$4,546/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1235 E GORDON Ave
Layton, UT 84040
Property Details
Flooring
Parking
Heating
Questions & Answers
This 8-bedroom, 6-bathroom multi-family at 1235 E GORDON Ave is listed at $850,000 ($215/sqft). The estimated monthly payment is $4,546 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1971, 0.23 acre lot, 2 stories, 4 parking spaces.
This property is listed by Joshua Spackman and can be reached at 3853097824.