Rare legal nonconforming fourplex near historic downtown Bountiful, offered at $1,149,000 - approximately $198 per square foot and 6.2% below the October 2025 appraised value. The property features four unusually large 3-bedroom, 2-bath units averaging approximately 1,448 square feet, each with in-unit laundry hookups and a dedicated garage. Three units have been remodeled, while the fourth provides additional value-add potential. Fully occupied with month-to-month tenancies and separate gas and electric meters. Current rents total $5,800 per month; the preliminary stabilized base case is $7,300 per month, supported by a September 2026 third-party rent analysis. Attractive 0.33-acre corner lot with mature landscaping and convenient access to historic downtown Bountiful and I-15. Offering Memorandum and Rentometer report are included in the MLS attachments and are also available from the listing agent upon request. Buyer to independently verify legal use, zoning, square footage, rents, expenses and all projections.
Listing courtesy of Equity Real Estate (Select).
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