1854/1852 N Wedgewood LN, Cedar City, UT 84721 (MLS# 23-246474)

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1854/1852 N Wedgewood LN, Cedar City, UT 84721

$1,650,000
Property Type: MultiFamily Square Footage: 7,951 Lot Size (sq. ft.): 39,204 Status: Closed
Current Price: $1,650,000 List Date: 11/29/2023 Last Modified: 5/31/2024

Description

Fantastic investment property in Fiddlers Canyon. 2 separate tax IDs and parcel numbers/seller would like to sell them together as one sale. 4-plex built in 1995, each unit has 1 car garage. Southern side 3 bedroom 2 bathrooms, Northern side units have 2 bedrooms 1 full bath. Duplex built in 2002-unit 1856 on the south side & 1858 on the North side with 1 car garage under each unit plus 2 separate access garages that can be rented to tenants individually. Single family home built in 2000, one level 1,800 sf. w/oversized 3 car garage plus storage room. Additional 1 car garage that can be rented out to tenants separately. This fantastic investment property would be perfect for an on-site owner in the main house. Seller may consider seller financing with at least $700,000 down.

More Information MLS# 23-246474

General Prop Info

Realtor.com: Multi-Family Lot Acres: 0.9 Lot Irregular: Yes Year Built: 2000 # of Buildings: 3 Number of Units: 7 Total SqFt: 7951 # Levels: 2 Elevators: No HOA Transfer Fee: No

Contract Info

Listing Date: 2023-11-27 Short Sale Status: No

Location, Tax & Legal

Geo Lat: 37.710882 Geo Lon: -113.056429 List Price: $1,650,000 Current Price: $1,650,000 List Price/SqFt: 207.52 House Number: 1854/1852 Street Direction Pfx: N Street Name: Wedgewood Street Suffix: LN MLS Area: Outside Area State/Province: UT Postal Code: 84721 County: Iron Tax ID: 0397676 Total Taxes: 3767.69 Tax Year: 2022 Elementary Schools: Out of Area Intermediate Schools: Out of Area Jr. High Schools: Out of Area Sr. High Schools: Out of Area

Office/Member Info

Buyer Broker Compensation (BBC): 3 Buyer Broker Comp (BBC) Type: %

Status Change Info

Sold Date: 2024-05-30 Under Contract Date: 2024-04-19 Status: Closed Sold Price/SqFt: 213.81

Annual Grs Rntl Inc

# 2 Bedroom Units: 4 2 Bedroom Total Rent: 54000 # 3 Bedroom Units: 3 3 Bedroom Rent: 54000

Annual Oper Expenses

Real Estate Taxes: 3767.69

Garage/Carport

Garage Spaces: 11

Property Features

Construction: Wood Frame Separate Meters: Electric; Gas Garage/Carport: Garages Roof: Asphalt Heating: Gas FA Air Conditioning: Central Air Showing Instructions: Call Listing Agent Zoning: Commercial Terms of Sale: 1031 Exchange; Cash; Conventional; Seller Financing
Listing Office: ERA Realty Center
Last Updated: May - 31 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.