Description
Attention investors, solid 4 unit ranch style income property in farmington recently renovated and fully occupied generating $3,236 gross income per month. it is currently professionally managed and was just recently appraised at $356k! (appriasal on file.) zoned r1 and sits on a 144x132 lot! easy access to everything. these units go quickly when they become available but is at 100% occupancy currently! turn key! shown upon accepted offer only, do not disturb tenants. there are 3 seperate structures, (two of the units share a common wall.) one water bill, seperate utilities. owner takes care of lawn and snow. lender on standby for financing: mark sera (phone in agent remarks.)
seller may consider lc terms at $325k with 20% down, 7% interest, amortized over 30 years with a 5 year balloon. *do not disturb tenants. **shown upon accepted offer only. ***agents- check the agent remarks for answers to your commonly asked questions and specific instructions on submitting your offer. do not email offers! if your offer has been submitted over the weekend, we will respond the next business day. *lawn is approx $50 per service and snow is approx $55 per service.
Property Type
MultifamilyCounty
OaklandStyle
RanchAD ID
50135609
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 4
- Full Baths: 4
Interior Features
- Roof : Asphalt
Heating & Cooling
- Heating: Forced Air,Hot Water
- Heating Fuel: Electric,Natural Gas
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Exterior Features
Building Information
- Year Built: 1927
- Building Stories: 1 Story
- Total Units: 4
- Roof: Asphalt
- Foundation/Basement: Crawl,Slab
- Architecture: Ranch
Exterior Features
- Construction: Aluminum,Brick
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Public (Municipal)
-
Property / Lot Details
Lot Information
- Lot Size: 0.44
- Dimensions: 143.55X132
Property Information
- SQ ft: 2075
- Subdivision: Regal Orchards- Farmington
- Financing: Cash,Contract,Conventional
-
Listing Information
Listing Price Information
- Original List Price: $300,000
Listing Information
- Possession: At Close
- Legal Description: T1N, R9E, SEC 35 REGAL ORCHARDS SUB LOT 28 & S 1/2 OF LOT 29
-
Taxes / Assessments
Tax Information
- Annual Tax: $6,536
- Parcel Number: 2335126004
Possession
- At Close
Legal Information
- Legal Description: Section: T1N, R9E, SEC 35 REGAL ORCHARDS SUB LOT 28 & S 1/2 OF LOT 29
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Multi-Unit Information
- Road Frontage: Paved
Unit 1 Information
- # of Bedrooms: 4
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 06/21/2025 @ 08:40
- MLS: 628435264
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 4 bedrooms which is recently sold, it has 2,075 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.