About 203 S 150 E
Turnkey Investment with Great Returns! Own this 2023-built 4-plex, offering a solid 5.5% cap rate and gross annual rents of $76,800! Each townhome has its own tax ID and meters, allowing you to sell individual units when the market is right or keep them as a cohesive income-generating property. Featuring quartz countertops and low-maintenance design, this is a hands-off investment with a low HOA of $60 per unit. Located just 25 minutes from Logan, Utah, this property provides strong rental demand and long-term growth potential, perfect for any investor looking to build wealth.
Features of 203 S 150 E
| MLS® # | 2026404 |
|---|---|
| Price | $1,250,000 |
| Bedrooms | 12 |
| Bathrooms | 12.00 |
| Square Footage | 5,672 |
| Acres | 0.08 |
| Year Built | 2023 |
| Type | Residential |
| Sub-Type | Quadruplex |
| Style | Stories: 2 |
| Status | Active |
Community Information
| Address | 203 S 150 E |
|---|---|
| Area | FRANKLIN |
| Subdivision | COUNTRY MEADOWS |
| City | Franklin |
| County | Franklin |
| State | ID |
| Zip Code | 83237 |
Amenities
| Amenities | Playground |
|---|---|
| Utilities | Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected |
| # of Garages | 8 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet |
|---|---|
| Interior Features | Closet: Walk-In,Great Room,Dishwasher: Built-In |
| Heating | Forced Air,Gas: Central |
| Fireplace | No |
Exterior
| Lot Description | Sidewalks,Sprinkler: Auto-Full |
|---|---|
| Roof | Asphalt |
| Construction | Stone,Stucco |
School Information
| District | PRESTON JOINT |
|---|---|
| Elementary | Oakwood |
| Middle | Preston |
| High | Preston |
Additional Information
| Date Listed | September 30th, 2024 |
|---|---|
| Days on Market | 11 |
| Zoning | Single-Family, Multi-Family |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Colton Clark |
|---|---|
| Office | Platinum Real Estate Group, PLLC |
| Contact Info | 435-213-9179 |