REO Foreclosure Property In Farmington, UT For Bid $649900 Or Less

Amazing Tri-plex conveniently located in Farmington just minutes from I-15 and walking distance to Lagoon. Property consists of one 3 bed 2.5 bath living space, a second 3 bed 2 bath living space plus a 250 sq ft studio loft with kitchenette and 3/4 bath. Building has gone through total renovation including all new plumbing, new wiring, newer furnaces, paint, carpet & fixtures. Main sewer lateral to street updated to ABS approx 10 years ago. No leases in place so this one will be turn-key ready to rent upon closing. Rental amounts posted are estimated. Property has been used as owner occupied with multiple family members residing in different areas of the home. Still zoned single family but utilities are all metered separately and parking is plentiful so the change to multi-family should be seamless. Investment properties such as this are rare in this area but he demand for rentals is strong making this property a cash cow for years to come. This property was built around 1896. It is around 4024 square feet which probably includes 7 bedrooms and 6 baths.

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