View of property with uncovered parking and stairs | Image 1

Bedroom with recessed lighting and wood finished floors | Image 4

Kitchen with a sink, light countertops, white appliances, white cabinetry, and light wood finished floors | Image 5

Kitchen featuring visible vents, light countertops, freestanding refrigerator, white cabinetry, and light wood finished floors | Image 6

Bathroom featuring a shower with shower curtain, vanity, toilet, and wood finished floors | Image 7

Bathroom with toilet, a stall shower, and wood finished floors | Image 8

Bedroom with recessed lighting and wood finished floors | Image 9

Bedroom featuring wood finished floors and visible vents | Image 10

Living room featuring recessed lighting and wood finished floors | Image 11

Bedroom featuring recessed lighting and wood finished floors | Image 12

Bedroom featuring recessed lighting and wood finished floors | Image 13

Bedroom with recessed lighting and wood finished floors | Image 14

Bedroom featuring recessed lighting and wood finished floors | Image 15

Living area featuring visible vents and wood finished floors | Image 16

Kitchen with white appliances, light countertops, white cabinets, light wood finished floors, and a sink | Image 17

Kitchen featuring white cabinets, recessed lighting, a sink, and wood finished floors | Image 18

Kitchen with dark wood-type flooring, white appliances, and white cabinets | Image 19

Full bath with toilet, wood finished floors, a shower with curtain, and visible vents | Image 20

Bathroom with toilet, a stall shower, and wood finished floors | Image 21

Full bath featuring toilet, vanity, wood finished floors, and baseboards | Image 22

Full bathroom featuring baseboards, a shower with shower curtain, toilet, vanity, and wood finished floors | Image 23

Added 2 months ago

$3,200,000

331 N 400 E, Logan, UT

Real Estate

For Sale

Listed price in listed location currency (USD).

$3,200,000

Added 2 months ago

16167500 sqft16

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential

Size 7500 sqft

Garage No

Taxes $6,385

Days Active 61

Lot Size

Approx. Age 1965

Avg. Price Per Sqft $426

MLS® Number 2077526

Property Address: 331 N 400 E, Logan, Utah

Average square foot calculated using Size range provided by listing agent.

Description

Beautifully Remodeled 16 Unit Apartment Complex located in a quiet Neighborhood in Logan. This multi-family apartment complex is very attractive for both tenants as well as investors because its been 100% remodeled top to bottom inside and out! This Property Never has any vacancies. Most tenants have been married students attending USU or working adults that want a brand new remodeled Apt near downtown Logan. It has 16 spacious studio apartments. Units #1-8 on the main floor and Units #9-16 are upstairs on the 2nd floor. Each apartment is the same size. The property was completely remodeled in 2019. Brand New Everything! New Plumbing, New Electrical, Outlets and Fixtures, New Insulation, New Drywall, New Paint, New Flooring, New Cabinets, New countertop & Sinks, New Fridge, New Stove & New Microwave, New Furnaces & Water Heaters, New Culture Marble shower, New Exterior Doors and Interior Doors. New Windows, New Blinds EVERYTHING is BRAND NEW on the Inside!!! Each unit rents for $1, 000 which Includes Wifi. All 16 leases are all 12 month leases. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement. PLEASE DO NOT DISTURB TENANTS. 2023 - Roof was Replaced 2024 - New gutters, New soffit & Fascia. New subfloor on upper walkway for 2nd story 2024 - New paint on exterior building and railings. Fresh black top sealing for parking lot and fresh painted lines and numbers in parking lot. 2024 - Brand new Fence on south side of property. Rents are below market. Rents could be raised to $1, 050 - $1, 100 per month before WIFI. Just barely made it pet friendly. So tenants pay $50 per month for pet rent. Adding a Laundromat on the property could easily generate $1, 000 monthly or $12, 000 annually Potential to add Covered parking to increase rent income as well. Please email the Owner with questions about the property and to set up a tour to come see this beautiful investment in person.

MLS® Number2077526

Laundry Level

Central VacNo

FireplaceNo

Acreage0.62

Exterior

GarageNo

Approx. Age1965

Basement

DrivewayParking: Uncovered

Garage Spaces

HeatGas: Central

A/C

Heating Fuel

Extras

Microwave, Refrigerator

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