PROPERTY DETAILS
The home for sale at 3224 S VERDANT CIR Salt Lake City, UT 84109 has been listed at $890,000 and has been on the market for 50 days.
**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 propertys 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.
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General Information
-
Price
$890,000
-
Days on Market
50
-
Area
Salt Lake City; Ft Douglas
-
Total Bedrooms
8
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Total Bathrooms
4
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House Size
3332 Sq Ft
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Neighborhood
-
Address
3224 S VERDANT CIR Salt Lake City, UT 84109
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HOA
NO
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Lot Size
0.28
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Price/sqft
267.11
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Year Built
1966
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MLS
2012376
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Status
Active
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City
Building and Construction
- Roof:
- Exterior:
- Construction:
- Foundation Basement: d d
Garage and Parking
- Garage Type: No
- Garage Spaces: 0
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Schedule a showing or ask a question.
Dao
Ly
801-410-7917
Dao
Ly
801-410-7917
Other Property Info
- Area: Salt Lake City; Ft Douglas
- Zoning:
- State: UT
- County: Salt Lake
- This listing is courtesy of: David A GalantPathway Properties, LLC. 385-423-8589.
Schools
- Highschool: None/Other
- Jr High: None/Other
- Intermediate: None/Other
- Elementary: None/Other
Some errands can be accomplished on foot. Some Transit available, with 2 nearby routes: 2 bus, 0 rail, 0 other. This area is Bikeable - it's convenient to use a bike for trips.
This data is updated on an hourly basis. Some properties which appear for sale on
this
website
may subsequently have sold and may no longer be available. If you need more information on this property
please email kris@bestutahrealestate.com with the MLS number 2012376.
PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair
Housing Act
and Utah Fair Housing Act,
which Acts make it illegal to make or publish any advertisement that indicates any
preference,
limitation, or discrimination based on race,
color, religion, sex, handicap, family status, or national origin.
Dao
Ly
801-410-7917
