This home for sale at Milford, UT 84751 has been listed at $480,000 and has been on the market for 59 days.
Full Description
Welcome to your next great investment! Nestled in a highly sought-after neighborhood, this impressive 4-plex apartment building offers an excellent opportunity for savvy investors seeking long-term returns. With a robust history of reliable tenants, this property ensures a steady income stream and minimal vacancy rates. Enjoy easy management with a single utility meter for gas and water, streamlining your operational expenses while providing convenience for your tenants. Each unit has its own electrical meter, allowing for seamless utility management and providing tenants with control over their electricity expenses. Situated in a vibrant area with easy access to local amenities, public transportation, shopping, and dining options, this property appeals to a wide range of renters. Benefit from established relationships with responsible long-term tenants who take pride in their homes and contribute to the buildings overall upkeep and community spirit.
Property Highlights
Spacious home with 7 bedrooms. Perfect for a growing family.
Generous living space with 2,507 square feet. Plenty of room for everyone.
The home for sale at Milford,
UT 84751 has been listed at $480,000 and has
been on the market for 59 days.
Welcome to your next great investment! Nestled in a highly sought-after neighborhood, this impressive 4-plex apartment building offers an excellent opportunity for savvy investors seeking long-term returns. With a robust history of reliable tenants, this property ensures a steady income stream and minimal vacancy rates. Enjoy easy management with a single utility meter for gas and water, streamlining your operational expenses while providing convenience for your tenants. Each unit has its own electrical meter, allowing for seamless utility management and providing tenants with control over their electricity expenses. Situated in a vibrant area with easy access to local amenities, public transportation, shopping, and dining options, this property appeals to a wide range of renters. Benefit from established relationships with responsible long-term tenants who take pride in their homes and contribute to the buildings overall upkeep and community spirit.
PMI (Private Mortgage Insurance) - Required for conventional loans with less than 20% down payment. Protects the lender if you default.
MIP (Mortgage Insurance Premium) - Required for all FHA loans regardless of down payment. Similar to PMI but through FHA.
Key Differences:
Conventional PMI: Can be removed at 20% equity
FHA MIP: Cannot be removed if < 10% down, removable after 11 years if ≥ 10% down
VA Loans: No PMI/MIP ever required
Principal & Interest
$0
Property Tax (est)
$0
Home Insurance
$0
HOA Fees
$0
PMI Insurance?$0
Loan Amount:$0
Total Interest Paid:$0
Total Amount Paid:$0
Other Property Info
Area: Milford; Burbank
Zoning: Multi-Family
State: UT
County: Beaver
This listing is courtesy of:: Jill Neilsen ERA Brokers Consolidated (Beaver Branch).
435-438-1606.
Utilities
Natural Gas Connected
Electricity Connected
Sewer Connected
Water Connected
Based on information from UtahRealEstate.com as of 2025-06-03 08:30:58. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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