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8341 S 700 E, Sandy, UT 84070
$640,000
8341 S 700 E, Sandy, UT 84070View this property at 8341 S 700 E, Sandy, UT 84070
8341 S 700 ESandyUT84070
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Property Description
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.*
Full Property Details
Full Property Details for 8341 S 700 E
General
- Price: $640,000
- Taxes: $5,329
- Status: Active
- Type: Single Family
- MLS ID: 1990911
- Updated: 4/9/2024
- Added to Site: 41 day(s) ago
Interior
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Location
- Area: Sandy; Draper; Granite; Wht Cty
- County: Salt Lake
- Subdivision: CROSLAND/BUCKLAND
- Cross Streets: 700
School Information
- Elem School District: Canyons
- Midd School District: Canyons
- High School District: Canyons
- Elementary School: East Sandy
- Middle School: Union
- High School: Hillcrest
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Evaporative Cooling
- Heating Type: Forced Air, Gas: Central
Utilities
- Sewer: Sewer: Connected, Sewer: Public
- Water: Culinary
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Structural Information
- Architectural Style: Bungalow/Cottage
- Basement Desc.: Full, Walk-Out Access
- Roof: Asphalt
- Windows: Blinds, Full
- Stories/Levels: 2
- Square Feet: 2,032
- Living Area: 2,032 Sq. Ft.
- Current Bldg. Use: Single Family
- Year Built: 1942
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,196.8
- Lot Size: .28
- Topography: Additional Land Available, Curb & Gutter, Fenced: Part, Sprinkler: Auto-Full
- Lot Features: Additional Land Available, Curb & Gutter, Fenced: Part, Sprinkler: Auto-Full
- Zoning: BC
Financial Considerations
- Tax Amount: $5,329
- Terms: Cash, Commercial Fin. Req., Conventional, Seller Finance
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Property ID: 22-32-303-025
Listed by Live Work Play
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Schools
Schools serving 8341 S 700 E
School District:Canyons School District
Rating | Name | Grades | Distance |
---|---|---|---|
East Sandy Elementary School
8295 S 865 E, Sandy, UT 84094 | K-5 | 0.3 mi | |
Union Middle School
615 E 8000 S, Sandy, UT 84070 | 6-8 | 0.5 mi | |
Hillcrest High School
7350 S 900 E, Midvale, UT 84047 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8341 S 700 E
Date
Details
Price
Change
Source
4/09/2024
Listed
$640,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8341 S 700 E
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,271
19%
$600,600
22%
2022
$5,262
21%
$490,400
4%
2020
$4,354
-6%
$471,900
36%
2020
$4,617
11%
$345,800
14%
2019
$4,159
22%
$303,200
6%
2017
$3,414
—
$285,800
17%
2017
$3,414
-7%
$244,500
-7%
2016
$3,682
13%
$264,300
25%
2015
$3,260
-6%
$211,000
-10%
2014
$3,464
-4%
$234,800
—
2013
$3,612
—
$234,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8341 S 700 E
8341 S 700 E, Sandy, UT 84070 (MLS# 1990911) is a Single Family property with 4 bedrooms, 1 full bathroom and 1 partial bathroom. 8341 S 700 E is currently listed for $640,000 and was received on April 09, 2024. Want to learn more about 8341 S 700 E? Do you have questions about finding other Single Family real estate for sale in Sandy? You can browse all Sandy real estate or contact a Coldwell Banker agent to request more information.