West Valley City, UT 84119,3443 W RIDGELAND PARK DR #1
West Valley City, UT 84119,3443 W RIDGELAND PARK DR #1
West Valley City, UT 84119,3443 W RIDGELAND PARK DR #1
West Valley City, UT 84119,3443 W RIDGELAND PARK DR #1
West Valley City, UT 84119,3443 W RIDGELAND PARK DR #1
West Valley City, UT 84119,3443 W RIDGELAND PARK DR #1
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$ 245,000
Est. payment | /mo

3 Beds

2 Baths

1,036 SqFt


$ 245,000
Est. payment | /mo

3 Beds

2 Baths

1,036 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Pending

Purchase Type For Sale

Square Footage 1,036 sqft

Price per Sqft $236

MLS Listing ID 2055441

Style Stories: 2

Bedrooms 3

Full Baths 1

Half Baths 1

Construction Status Blt./Standing

HOA Fees $155/mo

HOA Y/N Yes

Abv Grd Liv Area 1,036

Year Built 1994

Annual Tax Amount $991

Lot Size 435 Sqft

Acres 0.01

Lot Dimensions 0.0x0.0x0.0

Property Description

DO NOT DISTURB THE TENANTS, PLEASE! No showings. Offers subject to inspection. This might be the most "no brainer" investment opportunity ever. Likely buyers include individuals currently in a tax deferred exchange or patient house flipper. This community has been participating in the 30 year Low Income Housing Tax Credit (LIHTC) Program for 29 years, with 1 year remaining! Once the LIHTC period expires at the end of 2025, the then owner is free to occupy, improve the property, or increase rents. Until then they can be purchased with CASH ONLY (a lender or two MIGHT lend on this) and become a nice and worry free investment. All 64 units are required to be managed by the same management company. All 64 units CANNOT be owner occupied, or improved upon until the Program term expires at the end of 2025. All 64 units must follow the program dictated rental rates until the program expires, Etc.

Location

State UT

County Salt Lake

Area Magna; Taylrsvl; Wvc; Slc

Zoning Multi-Family

Rooms

Basement None

Primary Bedroom Level Floor: 2nd

Master Bedroom Floor: 2nd

Interior

Interior Features Disposal

Heating Forced Air

Cooling Evaporative Cooling

Flooring Carpet, Linoleum

Fireplace No

Window Features Blinds

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Patio: Open

Carport Spaces 1

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

Amenities Available Playground

View Y/N Yes

View Mountain(s)

Roof Type Asphalt

Present Use Residential

Topography Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain

Porch Patio: Open

Total Parking Spaces 1

Private Pool No

Building

Lot Description Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Mountain

Faces East

Story 2

Sewer Sewer: Connected

Water Culinary

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Hillsdale

Middle Schools West Lake

High Schools Granger

School District Granite

Others

Senior Community No

Tax ID 15-20-459-061

Monthly Total Fees $155

Acceptable Financing Cash

Listing Terms Cash

Listed by Summit Sotheby's International Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(801) 597-3125

wolfeluxre@gmail.com

6161 S Highland Dr, Holladay, UT, 84121, USA

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3443 W RIDGELAND PARK DR #1