3224 S Verdant Cir
Salt Lake City, UT 84109
- 8 beds
- 4 baths
- 3,332 sqft
- 12,196 sqft lot
- $238 per sqft
- 1966 build
**Do not disturb tenants** 3222-3224 S Verdant Circle is a spacious value-add duplex located in a prime neighborhood. This well-maintained property, built in 1966, offers significant investment potential. The seller is willing to finance $150,000 to $200,000 of the purchase price, allowing the buyer to obtain a traditional loan with supplemental seller financing to bridge the gap.'" The duplex spans approximately 3,332 SF, with each unit featuring 4BD/2BA, in-unit washers and dryers, and a separate backyard for each unit. The property boasts a large grassy open space on the west side, providing an excellent area to enjoy outdoor activities. This appealing outdoor space enhances the property's attractiveness to potential renters. Currently, rents at 3222-3224 S Verdant Circle are well below market rates. A new owner has the potential to significantly increase the NOI by renovating the property and adjusting rents to market levels. Additionally, by implementing utility reimbursement charges, the NOI can be further maximized. The property is ideally situated, providing convenient access to various amenities and services, making it a desirable location for tenants. This property represents an excellent opportunity for investors looking to capitalize on below-market rents and long-term growth potential.
Listing courtesy of WFRMLS / Pathway Properties, LLC
Last checked:
Checking…
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Last updated Sep 17, 2024
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MLS# 2012376 —
The Building
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Year Built:1966
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Year Built Effective:1999
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New Construction:false
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Construction Status:Blt./Standing
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Architectural Style:Other/See Remarks
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# of Units Total:2
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Building Area Total:3332.0
Interior
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Fireplace:false
Room Dimensions
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Living Area:3332.0
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Living Area Units:Square Feet
Location
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Cross Street:3222
The Property
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View:false
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Parcel Number:16-27-306-004
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Property Type:Residential
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Property Subtype:Duplex
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Property Condition:Blt./Standing
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Zoning Description:1208
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Current Use:Residential
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Waterfront:false
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Horse:false
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Lot Size Acres:0.28
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Lot Size Area:0.28
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Lot Size Dimensions:0.0x0.0x0.0
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Lot Size SqFt:12196.8
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Lot Size Units:Acres
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Annual Amount:3484.0
Beds
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Bedrooms Total:8
Baths
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Baths:4
Heating & Cooling
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Heating:false
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Cooling:false
Schools
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Elementary School:None/Other
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Middle Or Junior School:None/Other
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High School:None/Other
The Community
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Subdivision Name:VERDANT HEIG
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Senior Community:false
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Pool Private:false
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Spa:false
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Open Parking:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/17/24
Sep 17, 2024
|
Price Changed | WFRMLS | $795,000 | -10.7% |
8/13/24
Aug 13, 2024
|
Price Changed | WFRMLS | $890,000 | -11.0% |
7/18/24
Jul 18, 2024
|
Listed / Active | WFRMLS | $1,000,000 |