555 E 300 N, Logan

$850,000

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

This property was highlighted on ABC 4 Real Estate Essentials**Huge price reduction**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® #2004705
Price$850,000
Bedrooms6
Bathrooms4.00
Full Baths4
Square Footage3,254
Acres0.22
Year Built1959
TypeResidential
Sub-TypeSingle Family Residence
StyleTri/Multi-Level
StatusActive
Community Information
Address555 E 300 N
AreaLogan; Nibley; River Heights
CityLogan
CountyCache
StateUT
Zip Code84321
Utilities

Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected

Interior
InteriorCarpet,Vinyl
AppliancesMicrowave,Refrigerator
HeatingGas: Central
# of Stories2
Interior Features

Basement Apartment,Disposal,Kitchen: Updated,Range/Oven: Free Stdng.,Granite Countertops

Exterior
Exterior FeaturesBasement Entrance
WindowsBlinds
RoofAsphalt
ConstructionBrick
School Information
DistrictLogan
ElementaryAdams
MiddleMt Logan
HighLogan
Additional Information
Date ListedJune 12th, 2024
Days on Market41
ZoningSingle-Family, Multi-Family
Listing Details
AgentDamon G Hudson
OfficeReal Estate Essentials
Property History
Price Reduced from $899,500 to $850,000
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