BEDS4
BATHS
SQUARE FEET3,000
MLS#2176199
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONTHOMASVILLE
SCHOOLTooele
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.
Property Features
Property Type: Multi Unit - Multiple
Garage: 2 car attached
Heating: Forced Air, Gas: Central
Home Style: Stories: 1
Lot Size: 1.10 Acres
Roof Type: Asbestos Shingle
Taxes: $3,653
Year Built: 2001
Amenities
Disposal
Floor Drains
Range/Oven: Free Stdng.
Dishwasher: Built-In
Bay Box Windows
Double Pane Windows
Walkout
Feature Descriptions
Exterior: Aluminum, Brick, Frame
Flooring: Carpet, Tile
Laundry: Electric Dryer Hookup
Lot: Sprinkler: Auto-Full, Terrain: Mountain, View: Mountain
Lot Dimensions: 0.0x0.0x0.0
Parcel#: 10-027-C-0018
Sewer: Sewer: Connected
Special View Info: Mountain(s)
Topography: Sprinkler: Auto-Full, Terrain: Mountain, View: Mountain
Units: 2
Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Water: Culinary, Rights: Owned
Window: Blinds
Local Schools
High School: Stansbury
Middle School: Tooele
Elementary School: Old Mill
School District: Tooele
Listed By / Shown By
Listed By
Agency Name: Real Broker, LLC
Agency Phone: 928-208-9254
Shown By
Agency Title: Wardley Real Estate
Agency Phone: 702-256-4900
Estimate Your Payment
Estimated Payment
$ 6,470.90 per month $5,728.98 Principal & Interest $304.42 Property Tax $437.50 Homeowner's Insurance
1884 E Shepard Ln | MLS# 2176199
This multi-family property located at 1884 E Shepard Ln , Lake Point, UT 84074 is currently listed for sale with an asking price of $1,499,999. E Shepard Ln is located within the Tooele school district. Search Lake Point real estate on www.wardleyre.com today.