$640,000
Beds: 4
Baths: 1 full, 1 half
Sqft: 2,032
Sqft lot: 12,196
Acre lot: 0.28
16 Days On Market -

Courtesy of Amanda Romero, Live Work Play 801-414-2115

Status: Active
Property Type: Single Family Residence
Year Built: 1942
Neighborhood: Sandy; Draper; Granite; Wht Cty
Days On Website: 16
Welcome to a prime investment opportunity in the heart of Sandy. This versatile office building offers a lucrative blend of commercial and residential spaces, ideal for investors seeking steady rental income. **Property Highlights:** - **Prime Location:** Situated on 700 E, this property enjoys high visibility and accessibility, perfect for attracting business tenants. - **Multi-Use Building:** The building features three private offices on the main floor, providing ample workspace for professionals or small businesses. Additionally, the basement of the houses has a spacious one-bedroom apartment, offering a convenient living arrangement. - **Steady Rental Income:** Currently, the basement is rented out, and the tenant in the apartment expressing interest in continuing the lease, ensuring immediate and consistent cash flow for the new owner. - **Parking Availability:** The property boasts seven or more dedicated parking spaces, accommodating tenants and visitors with ease. **Property Details:** Three private offices with ample natural light and space for customization. Ideal for professionals, startups, or small businesses seeking a professional workspace. - **Bottom Floor:** A well-appointed one-bedroom apartment featuring modern amenities, including a kitchen, living area, bedroom, and bathroom. Perfect for individuals or couples looking for a comfortable living space in a central location. - **Exterior:** Well-maintained exterior with curb appeal, complemented by landscaping and adequate parking facilities. - **Potential for Expansion:** With the existing rental income and available space, there's potential for future expansion or renovation to maximize returns. Don't miss out on this exceptional investment opportunity in Sandy. Whether you're an experienced investor or looking to diversify your portfolio, this property offers both stability and growth potential. Schedule a showing today to explore the possibilities firsthand! Seller Financing Option: 50% down, Rate 2% over prime, Amortized over 30 years, Balloon payment due in 5 years *Note: All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence.*

Features

Building

  • Above Grade Finished Area: 1016
  • Architectural Style: Bungalow/Cottage
  • Building Area Total: 2032
  • Living Area: 2032
  • Living Area Units: Square Feet
  • Stories: 2
  • Year Built: 1942

Basement

  • Basement: Full,Walk-Out Access

Bathrooms

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Partial: 1
  • Bathrooms Total Integer: 2

Bedrooms

  • Bedrooms Total: 4
  • Main Level Bedrooms: 2

Location

  • City: Sandy
  • Country: US
  • County Or Parish: Salt Lake
  • Cross Street: 700
  • MLS Area Major: Sandy; Draper; Granite; Wht Cty
  • Postal City: Sandy
  • Postal Code: 84070
  • State Or Province: UT
  • Street Dir Prefix: S
  • Street Dir Suffix: E
  • Street Name: 700
  • Street Number: 8341
  • Street Number Numeric: 8341
  • Subdivision Name: CROSLAND/BUCKLAND
  • Unparsed Address: 8341 S 700 E

Cooling

  • Cooling: Evaporative Cooling
  • Cooling YN: t

Property

  • Current Use: Single Family
  • Parcel Number: 22-32-303-025
  • Property Condition: Blt./Standing
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Schools

  • Elementary School: East Sandy
  • Elementary School District: Canyons
  • High School: Hillcrest
  • High School District: Canyons
  • Middle Or Junior School: Union
  • Middle Or Junior School District: Canyons

Floors

  • Flooring: Carpet

Heating

  • Heating: Forced Air,Gas: Central
  • Heating YN: t

Listing

  • Listing Id: 1990911
  • Listing Terms: Cash,Commercial Fin. Req.,Conventional,Seller Finance
  • List Price: 640000
  • Mls Status: Active
  • Standard Status: Active

Lot

  • Lot Features: Additional Land Available,Curb & Gutter,Fenced: Part,Sprinkler: Auto-Full
  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Dimensions: 0.0x0.0x0.0
  • Lot Size Square Feet: 12196
  • Lot Size Units: Acres
  • Topography: Additional Land Available, Curb & Gutter, Fenced: Part, Sprinkler: Auto-Full

Taxes

  • Tax Annual Amount: 5329

Utilities

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

Water Features

  • Water Source: Culinary

Windows

  • Window Features: Blinds,Full

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$640,000 - 8341 S 700 E, Sandy, UT 84070

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8341 S 700 E
Sandy, UT 84070
City: Sandy

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