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What is East Midvale Duplex Investment Overview about?

This listing is for a duplex property in Midvale, Utah built in 1948 with 4 bedrooms and 2 bathrooms split between two 1,100 square foot units. It currently has 100% occupancy with monthly rental income of $1,375 and estimated annual net operating income of $11,071, providing a 6.02% capitalization rate. The property needs some moderate updating but has benefits like a newer roof and long-term tenants paying below market rent.

Author

Joseph Mills

Language

EN