, Cedar City, UT 84721 (MLS# 24-255718)

Cedar City, UT 84721

$1,100,000
Property Type: MultiFamily Square Footage: 5,892 Lot Size (sq. ft.): 13,504 Status: Active
Current Price: $1,100,000 List Date: 10/25/2024 Last Modified: 4/15/2025

Description

Investment opportunity, exceptional dual rental property complete with 8 bedrooms (4 are master suites) 6 full bathrooms & 4 kitchens. This rare investment property is perfectly crafted for both income & enjoyment! The expansive 5,892-square-foot property features two complete units, offering flexibility & potential as a year-round vacation rental or a unique owner-occupancy with rental income in the attached unit. Each side is designed with comfort in mind, featuring high-end amenities & furnishings to make it a true escape. This location is also equipped with an alarm system for the entire property! Property Highlights: 1971 Side (currently a vacation rental) 5 Bedrooms, 4 Full Baths, & 1 Half Bath & 3,127 sf. Established as a sought-after vacation rental....

Supplements: this property boasts consistent year-round bookings & is beautifully furnished & set up as 3 separate units. Includes a pool table in the garage & nice outdoor furniture for front & backyard lounging. 1973 side (owner's suite or additional rental) is 2,765 sf with 3 Bedrooms, 2.5 baths, 1,000 sf heated 3 car garage, RV parking, newer Sundance Jacuzzi Spa, patio furniture, & professionally decorated with furnishings that are negotiable into price. Don't miss this exceptional investment opportunity fully turnkey, professionally designed, & ready for immediate income! Due to the nature of the vacation rental, 1971, in-person showings of those units will be limited to availability. The owner is not selling the rental unit separately. The package will be for both 1971 and 1973. The 1973 (owner's side) is listed and available for a separate purchase.

More Information MLS# 24-255718

General Prop Info

Realtor.com: Multi-Family Lot Acres: 0.31 Year Built: 2018 # of Buildings: 2 Number of Units: 5 Total SqFt: 5892 # Levels: 2 Elevators: No HOA Transfer Fee: No

Contract Info

Listing Date: 2024-10-25 Short Sale Status: No

Location Tax Legal

List Price: $1,100,000 Current Price: $1,100,000 MLS Area: Outside Area State/Province: UT Postal Code: 84721 County: Iron Tax ID: B-1870-0086-000E, B-1870-0086-000W

Status Change Info

Status: Active

Property Features

Construction: Wood Frame; Other - See Remarks Separate Meters: Electric; Gas; Water Roof: Asphalt Heating: Electric Air Conditioning: Central Air Showing Instructions: Call Listing Agent Zoning: Residential Terms of Sale: Cash; Conventional; FHA; VA
Listing Office: ERA Realty Center
Last Updated: April - 15 - 2025
Broker Attribution: 435-586-2777

Information deemed reliable but not guaranteed.