1884 E Shepard Ln, Lake Point, UT 84074
- $1,499,999
- 4
- BD
- 2
- BA
- 3,000
- SqFt
- List Price
- $1,499,999
- Status
- ACTIVE
- MLS#
- 2176199
- Days on Market
- 37
- Year Built
- 2001
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 3,000
- Parcel Number
- 10-027-C-0018
- Acres
- 1.10
- Terms
- Cash, Conventional, Exchange, Seller Finance
- County
- Tooele
- Region
- Grantsville; Tooele; Erda; StanP
- Subdivision
- Thomasville
Property Description
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.
Additional Information
- Taxes
- $3,653
- Exterior Features
- Bay Box Windows, Double Pane Windows, Walkout
- Interior Features
- Disposal, Floor Drains, Range/Oven: Free Stdng., Dishwasher: Built-In
- Floor
- Carpet, Tile
- Garage Spaces
- 2
- Heating
- Forced Air, Gas: Central
- Roof
- Asbestos Shingle
- School District
- Tooele
- Elementary School
- Old Mill
- Middle School
- Tooele
- High School
- Stansbury
- Style
- Stories: 1
- Living Area
- 3,000
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Listing courtesy of Real Broker, LLC.
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