675 S 100 W, Payson, UT 84651

Property Description

**PLEASE DO NOT DISTURB TENANTS OR THEIR BUSINESSES!!** Turnkey investment opportunity with rented units, maintenance schedules, and contractors all in place. This is a fully rented commercial building that also includes a rented residential unit. With a cap rate of 6% this is a solid investment opportunity. Several updates have been made to the commercial building within the last few years, including: full roof replacement, new water heaters, furnace maintenance, updated exterior locks and security measures, new pavement in the south parking lot, and the addition of solar-powered lights. The residential home on the property was remodeled in 2020 with renovations including new flooring throughout, drywall repair and paint, new lighting, new cabinets, countertop, and backsplash in the kitchen, as well as a full bathroom remodel. It has long-term renters as well. All units are currently rented, with great long-term renters, many of whom have been in the building for over a decade. This listing is for multiple tax ID numbers: 08:126:0001 and 08-126-0017.