‹ Back to results $1,280,000 14382 S Ferndale Way, Herriman, UT · 4 units · 12 bd total · 9,752 sqft See this home
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Accepting backup offers MLS# 2145417 · 216 days on the market

$1,280,000

It starts with a call with an agent.

14382 S Ferndale Way, Herriman, UT 84096

4units
12beds
9baths
9,752sqft
0.08acres
2016built
$131per sqft

About this home

Financing fell through so we're BACK ON MARKET! Turnkey 4-Unit Townhouse Investment Proven Cash Flow for separate modern 3 bed/2 bath townhomes built 2016, featuring granite countertops & open layouts. 2 units have 100% finished basements. Currently 100% occupied. Impressive 98% average occupancy over the past 3 years. Professionally managed for 10 years. Residents enjoy community pool + clubhouse amenities mere feet away that drive tenant satisfaction and support higher rents. 100 yards away from Mountain View Corridor makes this a commuter's dream. Schools within walking distance, as well as community park/playground. Low-maintenance, young construction delivers stable income with strong appreciation potential. Perfect hands-off investment opportunity reliable returns from day one! Avg. rent increases in area approx. 3-5%/yr. Another buyer's option could possibly be separating/rezoning units and sold separately as single family townhouses, which currently could range from $375k-$400k each. Current leases very owner friendly. HOA fees cover water/sewage/trash/internet/yard maintenance/snow removal and pool/clubhouse maintenance. Sq. footage provided by professional appraisal.

Written by the listing agent.

Location

The neighbourhood: Rosecrest

36 for sale · $285K–$1.38M asking prices

See the homes in Rosecrest ›

Living in Herriman

Herriman is a city in southwestern Salt Lake County in the Salt Lake City metropolitan area. Established in 1851, the city incorporated in 1999 and has experienced rapid growth, rising from the 111th-largest place in Utah in 2000 to the 14th-largest in 2020.

  • 55,144 residents (2020)
  • 37 named trails
  • 36 named parks

Monthly payment

$9,008per month, estimated
Principal & interest
$7,093
Property tax
$639
Home insurance
$110
HOA
$1,166

10% down ($128,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.

Details

Style
Stories: 2
Garage
6 cars
Lot
0.08 acres
HOA
$1,166/mo
Subdivision
ROSECREST SUBDIVISION
Parking
Attached, Opener
See all 17 details
Heating
Forced Air, Gas: Central
Flooring
Carpet, Linoleum, Vinyl
Roof
Asphalt
Construction
Stone, Stucco, Clapboard
Water
Culinary
Sewer
Sewer: Connected, Sewer: Public
Effective year built
2018
County
Salt Lake
Faces
West
Zoning
Multi-Family
Terms
Cash, Conventional
  • Closet: Walk-In
  • Disposal
  • Range/Oven: Free Stdng.
  • Granite Countertops
  • Dishwasher: Built-In
  • Double Pane Windows
  • Lighting
  • Corner Lot
  • Road: Paved
  • Sidewalks
See all 25 features

Interior

  • Closet: Walk-In
  • Disposal
  • Range/Oven: Free Stdng.
  • Granite Countertops
  • Dishwasher: Built-In

Exterior

  • Double Pane Windows
  • Lighting

Lot features

  • Corner Lot
  • Road: Paved
  • Sidewalks
  • Sprinkler: Auto-Full
  • Terrain: Grad Slope
  • View: Mountain
  • View: Valley

View

  • Mountain(s)
  • Valley

Community amenities

  • Clubhouse
  • Maintenance
  • Pool
  • Snow Removal

Utilities

  • Natural Gas Connected
  • Electricity Connected
  • Sewer Connected
  • Sewer: Public
  • Water Connected

Schools

ElementaryButterfield Canyon
HighHerriman

Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Jordan

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