MLS #2055441 | 3443 W Ridgeland Park Dr #1, West Valley City

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DIRECTIONS

Price Reduced: ↓ $7,500 on January 13th

Condominium for Sale

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.

Rooms, Laundry, & Layout

	Beds	Baths	Laundry	Sq Ft
Floor 2	3	1	0	518
Floor 1		1	1	518

Price Insights

Current price
Price per sq ft
Price per finished sq ft
HOA fee

$237,500
$229 / square foot
$229 / finished sq ft
$155 / month

29 Days on the Market

Status: Available

Schools, Inclusions, & Exclusions

Inclusions are often re-negotiated during contract negotiation.

No items have been listed as excluded.

Granite School District

Elementary: Hillsdale
Middle: West Lake
Senior: Granger

The Numbers

Interior :
Style :
Year built :

1,036 square feet
Style: 2 Story
1994

Home Features & Amenities

Features: Disposal
Flooring: Carpet, Linoleum
Window Coverings: Blinds
Heating: Forced Air
Air Conditioning: Evaporative Cooling
Amenities: Playground
Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

Exterior: Brick
Roof: Asphalt
Style: 2 Story

Lot Size: 0.01 Acres (436 sqft)
Salt Lake County
Lot Info: Curb & Gutter, Paved Road, Sidewalks, Full Automatic Sprinkler, Mountain View

Private Showing

For showing appointments, call Tony Fantis, Realtor^® to view the home at 3443 W Ridgeland Park Dr #1 in West Valley City. Give Tony Fantis, Realtor^® a call at (801) 541-8806.

3443 W Ridgeland Park Dr #1 was listed on Dec 19th, 2024 by Summit Sotheby's International Realty, a real estate brokerage. 801-467-2100 is the contact info for the listing brokerage contact assigned for this listing.

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