3177 S ELMER ST, Magna, UT 84044
- $539,000
Description
Exceptional investment opportunity featuring three fully remodeled homes on the same street, offering strong cash flow with 8% cap rate and annual net income of $128,668. Each property has been completely updated with new plumbing and electrical, providing peace of mind for years to come. All three homes include fully functional mother-in-law apartments with separate basement entrances, making them ideal for maximizing rental income or multi-generational living. Every unit is thoughtfully designed with kitchens both upstairs and downstairs, along with in-unit washer and dryer setups on each level, creating convenience and flexibility for tenants. All units are currently rented, offering immediate income, with the option to deliver vacant if desired. Offered at $1,600,000 for all three properties, this is a rare turnkey investment with strong returns and modern upgrades throughout. MLS numbers 2147306, 2147305, 2147307
Address
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Address: 3177 S ELMER ST
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City: Magna
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State/county: UT
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Zip/Postal Code: 84044
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Country: US
Details
Updated on April 29, 2026 at 8:21 pm-
Property ID 2147307
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Price $539,000
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Property Size 2188 sqft
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Land Area 0.23 sqft
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Bedrooms 5
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Rooms 11
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Bathrooms 2
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Garages 2.0
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Garage Size x x
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Year Built 1917
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Property Type Single Family Residence, Residential
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Property Status Pending
Additional details
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Listing Terms Cash,Conventional,FHA,Seller Finance,VA Loan
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Roof Asphalt
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Utilities Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
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Sewer Sewer: Connected,Sewer: Public
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Cooling Central Air
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Heating Forced Air,Gas: Central
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Flooring Carpet, Tile
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County Salt Lake
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Property Type Residential
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Parking Covered,Rv Parking
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Elementary School Lake Ridge
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High School Cyprus
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Architectural Style Bungalow/Cottage