61 W 500 N Logan, UT 84321
Amazing investment! This place is outperforming all duplexes, triplexes and 4-plexes in Cache Valley. Unit #1 was rented for $2, 500/mo. Unit #2 was rented for $2, 250/mo. $4, 750/mo. rental income and $57, 000/annual income. These were rent by room rates. That's an 8.4% rental yield! Unit #2 currently vacant so open to owner/buyer for better financing terms. Seller financing would be a possibility. This side-by-side duplex is located in the heart of Logan and both sides are completely remodeled with durable LVP flooring and carpet, new cabinets, counters and appliances. Brand new tankless water heater plus back-up 40 gal. water heater for convenient uninterrupted hot water. Brand new ductless mini split heating and A/C units zoned for efficient temperature control. New double paned insulated windows, plenty of parking and both units have separate laundry hookups. All new electrical throughout. City is requiring a hard surface parking to be completed in Spring on the North side of property. Seller will cover that cost with full price offer. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement and verify all information. Seller financing Terms: 20% down, 5 year term, 30 year amortization, 6% rate.
- Property TypeMulti-Family
- NeighborhoodLogan Farm Survey Pl
- CountyCache
- Taxes$1,551
- HOA/Condo/Coop Fees$0
- Days on Site83 Days
- MLS StatusActive Under Contract
- MLS ID Number1984775
- Home Size Source N/A
- Year Built1907
- Lot Size0.21 Acres
- Full Baths4
- Partial BathsN/A
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