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Kathryn Vallee

Global Real Estate Advisor

  • Cell 435-565-0797
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4371 S Highland Dr, Holladay, UT – $650,000

  • 7 Beds
  • 3 Baths
  • 2,240 Sqft
  • .24 Acres
  • 7 Beds
  • 3 Baths
  • 2,240 Sqft
  • .24 Acres

4371 S Highland Dr, Holladay, 84124

EXCELLENT MULTI FAMILY INVESTMENT W/NET ZERO ENERGY (is a net contributor to the grid with effectively NO UTILITY ENERGY COSTS. GROSS INCOME $48k/yr, all utility expense: $756/yr. Prop Tax: $2878. NET INCOME: $44,366 = 6.8% CAP RATE. Two extensive SOLAR ARRAYS provide covered parking. Electric car charging on site. The 2,240 sq ft / 1,120 sq ft on each level has been updated with the highest quality highly efficient systems. Zoning is multi family. Current use upstairs is office with equivalent of 4 bedrooms and two bathrooms with a shower. Downstairs is 3 bedrooms, a bath and an open area and full kitchen. Great Traffic (18,000/day) and visibility on Highland Dr in Holladay. Zoned for 16 units per acre, 3 possible residential units on parcel. Handicap Access, Parking, and quick access to I-215 and I-15. A great multi family investment or business location. Note, not all bedrooms currently have closets. Property is a legal non-conforming office use for a conversion completed under Holladay City in multifamily RM zone. Note photos. Excellent office or muli-family owner user or investment opportunity.

Listing Details

Colliers International Intermountain LLC (WASATCH)

Essential Information

  • MLS® #1616465
  • Price$650,000
  • Bedrooms7
  • Bathrooms3.00
  • Square Footage2,240
  • Acres0.24
  • Year Built1931
  • TypeMulti-Unit
  • Sub-TypeDuplex
  • StyleUp And Down
  • StatusActive

Community Information

  • Address4371 S Highland Dr
  • AreaHolladay; Millcreek
  • CityHolladay
  • CountySalt Lake
  • StateUT
  • Zip Code84124

School Information

  • DistrictGranite
  • ElementaryDriggs
  • MiddleOlympus
  • HighOlympus

Additional Information

  • Date ListedJuly 15th, 2019
  • Days on Market120

Listing Details

Office

Colliers International Intermountain LLC (WASATCH)

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Colliers International Intermountain LLC (WASATCH).

Terms Of Use

Information deemed reliable but not guaranteed accurate. Buyer to verify all information.

The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2019 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.