‹ Back to results $2,200,000 102 W 250 S, Wellington, UT · 16 units · 24 bd total · 8,704 sqft See this home
14 photos

For sale MLS# 2185955 · 39 days on the market

$2,200,000

It starts with a call with an agent.

102 W 250 S, Wellington, UT 84542

16units
24beds
8baths
8,704sqft
1.6acres
1973built
$253per sqft

About this home

Excellent multi-family investment opportunity situated on 1.60 (parcel 1b-231-12 & 1b-231-11) acres 16 units total in Wellington. This well-maintained property offers strong rental income with room for long-term appreciation. Each unit rents for $850 per month Tenants pay $110 per month in utility reimbursement to the owner's property manager for Wellington City utilities (water & garbage) Tenants place Rocky Mountain Power and Enbridge Gas in their own names, reducing owner utility exposure. Newer stucco exterior and asphalt driveway. 8 units have received updates within the past 3 years, including: 8 Central Air Units New carpet, Fresh interior paint, Updated cabinets (in select units). Washer and dryers are tenant-owned. 4 video walkthroughs of different units available upon request. Please do not disturb the tenants. This property presents a solid opportunity for investors seeking stabilized cash flow with improved exterior and interior updates already completed. Square footage figures are provided as a courtesy estimate only and were obtained from Carbon County . Buyer is advised to obtain an independent measurement.

Written by the listing agent.

Location

Living in Wellington

Wellington is a city in Carbon County, settled in 1878 and named for Justus Wellington Seeley, Jr., of the Emery County Court. The city is located along U.S. routes 6/191, six miles southeast of Price, the county seat.

  • 1,605 residents (2020)
  • 2 named parks

Monthly payment

$12,537per month, estimated
Principal & interest
$12,191
Property tax
$236
Home insurance
$110

10% down ($220,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.

Details

Style
Up And Down
Lot
1.6 acres
Subdivision
RIVERBEND SUBDIVISION
Parking
Parking: Uncovered, Rv Parking
Heating
Forced Air, Gas: Central
Flooring
Carpet, Linoleum, Vinyl
See all 13 details
Roof
Asphalt
Construction
Stucco
Water
Culinary
Sewer
Sewer: Connected
County
Carbon
Zoning
Multi-Family
Terms
Cash, Conventional
  • Lighting
  • Natural Gas Connected
  • Electricity Connected
  • Sewer Connected
  • Water Connected

Schools

ElementaryWellington
MiddleMont Harmon
HighCarbon

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

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