3443 W Ridgeland Park Dr #1

West Valley City, UT 84119

  • 3 Bed(s)
  • 2 Bath(s)
  • 1,036 Sqft
  • 0.01
    Acre(Lot)
$230,000

Description

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.

  • Property Type

    Residential

  • County

    Salt Lake

  • Style

    Stories: 2

  • AD ID

    48141454

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BuyOwner last updated this listing 02/04/2025 @ 07:33

  • MLS: 2055441
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: UtahRealEstate

is a Home, with 3 bedrooms which is for sale, it has 1,036 sqft, 0 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of West Valley City , in zip code 84119, this Salt Lake County Home and are nearby neighborhoods.