$ 1,499,999
-
$1,499,999
Price -
4
Bed -
2
Bath -
3,000
SqFt -
1.1
Acre
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About the Listing 71477 - 4023761,4025652
Rare Lake Point duplex on 1.10 acres with mountain views, horse property rights, and no HOA. Major improvements include a new roof in 2019, a new furnace and well motor in 2022. Each unit features a one-car garage, central air, Kinetico-filtered drinking water, and a walkout unfinished basement with a separate exterior entrance, offering future expansion potential. Annual gross income is approximately $48k, with a reported 2025 NOI of $40k. Both units are leased through 2027. The sale includes culinary and irrigation water rights (1.53 WA combined). Conveniently located near I-80 and approximately 25 minutes from Salt Lake City. May be purchased with the nearby 0.18-acre buildable lot. Buyer to verify all information.
Listing Highlights for 1884 E Shepard Ln
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Forced Air,Gas: Central
- Fireplaces:
- Floor: Carpet,Tile
- Basement:
- Other: Disposal,Floor Drains,Range/Oven: Free Stdng.,Dishwasher: Built-In
- Water: Culinary,Rights: Owned
Exterior Details
- Lot Description: Sprinkler: Auto-Full,Terrain: Mountain,View: Mountain
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 0.0x0.0x0.0
- Zoning: Multi-Family
- Roof: Asbestos Shingle
- Others: Bay Box Windows,Double Pane Windows,Walkout,Blt./Standing
- Sewer: Sewer: Connected
- Parking Features: Attached,Built-In,Opener
Financial Details
- Tax Amount: $3,653
- Taxes w/Assessments: N/A
- Tax/Property ID: 10-027-C-0018
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1884 E Shepard Ln Lake Point, UT 84074
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