555 E 300 N, Logan

$850,000

6 Beds
4 Baths
3,254 Sqft
.22 Acre
0 Garage

This 4-plex near Utah State University is an enticing investment opportunity, especially with its recent remodeling. Its prime location near the university ensures a steady stream of potential tenants, such as students, faculty, or staff, seeking accommodation close to campus. Each of the four units has been thoughtfully renovated, boasting modern amenities and stylish finishes. These improvements not only enhance the aesthetic appeal but also increase the property's desirability and potential rental income. Given its proximity to a university, the property offers excellent long-term investment potential. Demand for rental housing in university towns tends to remain robust, providing landlords with a stable income stream and potential for appreciation over time. Plus, with three out of the four units newly remodeled, the property is likely to attract higher-quality tenants who are willing to pay a premium for updated living spaces. Additionally, the presence of multiple units provides diversification and spreads risk, making it a more secure investment compared to single-unit properties. Overall, this 4-plex near Utah State University represents a compelling opportunity for investors looking to capitalize on both the rental market and the growth potential of the university community.

Essential Information
MLS® #2004112
Price$850,000
Bedrooms6
Bathrooms4.00
Square Footage3,254
Acres0.22
Year Built1959
TypeResidential
Sub-TypeQuadruplex
StyleUp And Down
StatusActive
Community Information
Address555 E 300 N
AreaLogan; Nibley; River Heights
CityLogan
CountyCache
StateUT
Zip Code84321
Amenities
ViewMountain(s)
Utilities

Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected

Interior
InteriorCarpet,Laminate
HeatingGas: Central
Interior Features

Basement Apartment,Range/Oven: Built-In,Vaulted Ceilings

Exterior
Exterior FeaturesBasement Entrance,Walkout
WindowsBlinds
RoofAsphalt
ConstructionBrick,Frame
Lot Description

Fenced: Part,Sprinkler: Auto-Part,View: Mountain

School Information
DistrictLogan
ElementaryAdams
MiddleMt Logan
HighLogan
Additional Information
Date ListedJune 9th, 2024
Days on Market45
ZoningMulti-Family
Listing Details
AgentDamon G Hudson
OfficeReal Estate Essentials
Property History
Price Reduced from $899,950 to $850,000
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