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About This Home
This 0-bedroom, 0-bathroom commercial at 675 S 100 W in Payson, UT is listed for $1,450,000. Built in 1995, on a 0.93 acres lot.
**PLEASE DO NOT DISTURB TENANTS OR THEIR BUSINESSES!!** Turnkey investment opportunity with rented units, maintenance schedules, and contractors all in place. This is a fully rented commercial building that also includes a rented residential unit. With a cap rate of 6% this is a solid investment opportunity.
Several updates have been made to the commercial building within the last few years, including: full roof replacement, new water heaters, furnace maintenance, updated exterior locks and security measures, new pavement in the south parking lot, and the addition of solar-powered lights.
The residential home on the property was remodeled in 2020 with renovations including new flooring throughout, drywall repair and paint, new lighting, new cabinets, countertop, and backsplash in the kitchen, as well as a full bathroom remodel. It has long-term renters as well. All units are currently rented, with great long-term renters, many of whom have been in the building for over a decade. This listing is for multiple tax ID numbers: 08:126:0001 and 08-126-0017.
Key Features
- Built in 1995
- 0.93 acre lot
Property Details
Monthly Cost Estimate
$7,755/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
675 S 100 W
Payson, UT 84651
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 675 S 100 W is listed at $1,450,000. The estimated monthly payment is $6,283 based on 20% down at 6.5% interest.
Key features include: Built in 1995, 0.93 acre lot.
This property is listed by J. Tapley Mitchell and can be reached at 4358236566 or mitchell@landmarkutah.com.