06/20/2023
With traditional financing being what it is right now we are seeing more deals like this one. Message if you’re interested.
Property Info:
Beds: 4 (2 on each floor)
Baths: 4 (2 on each floor)
Square Footage: 3,782
Lot Size: 0.28
Year Built: 2000
Tax ID: 12-106-0-0219
Seller Finance Terms:
Purchase Price: $709,000
Down Payment (Including Assignment): $105,000
Monthly Payment: $3,629.86 (PITI; 4.375% rate taken over subto)
No Balloon
Property Description:
Great two unit opportunity in Tooele, UT at a 4.375% rate. The home is very clean and has a separate basement entrance. Basement apartment was recently updated and is currently rented (tenant signed a lease in May for $1,700/mo). Upstairs can realistically be rented for $2,300-2,400). No balloon, and the buyer will be taking over the underlying mortgage payments as a pure subto with no extra equity payment. No HOA.