MLS #2012376 | 3224 S Verdant Cir, Salt Lake City

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Duplex for Sale

**Do not disturb tenants** 3222-3224 S Verdant Circle is a spacious value-add duplex located in a prime neighborhood. This well-maintained property, built in 1966, offers significant investment potential. The seller is willing to finance $150,000 to $200,000 of the purchase price, allowing the buyer to obtain a traditional loan with supplemental seller financing to bridge the gap.'" The duplex spans approximately 3,332 SF, with each unit featuring 4BD/2BA, in-unit washers and dryers, and a separate backyard for each unit. The property boasts a large grassy open space on the west side, providing an excellent area to enjoy outdoor activities. This appealing outdoor space enhances the property's attractiveness to potential renters. Currently, rents at 3222-3224 S Verdant Circle are well below market rates. A new owner has the potential to significantly increase the NOI by renovating the property and adjusting rents to market levels. Additionally, by implementing utility reimbursement charges, the NOI can be further maximized. The property is ideally situated, providing convenient access to various amenities and services, making it a desirable location for tenants. This property represents an excellent opportunity for investors looking to capitalize on below-market rents and long-term growth potential.

Price Insights

Current price
Price per sq ft
Price per finished sq ft

$890,000
$267 / square foot
$267 / finished sq ft

60 Days on the Market

Status: Available

Schools, Inclusions, & Exclusions

Inclusions are often re-negotiated during contract negotiation.

No items have been listed as excluded.

School District

Elementary: None/Other
Middle: None/Other
Senior: None/Other

*The listing agent did not provide any schools for this listing.

The Numbers

Interior :
Style :
Year built :
Lot acres :
Lot sq ft :

3,332 square feet
Style: Other/
1966
.28 acres
12,197 square feet

Home Features & Amenities

Style: Other/

Private Showing

For showing appointments, call SLC Homes to view the home at 3224 S Verdant Cir in Salt Lake City. Give SLC Homes a call at (801) 243-0699.

3224 S Verdant Cir was listed on Jul 17th, 2024 by Pathway Properties, LLC, a real estate brokerage. 385-423-8589 is the contact info for the listing brokerage contact assigned for this listing.

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