1854/1852 N Wedgewood LN, Cedar City, UT 84721

$1,650,000
Property Type: MultiFamily Square Footage: 7,951 Lot Size (sq. ft.): 39,204 Status: Closed
Current Price: $1,650,000 List Date: 11/29/2023 Last Modified: 7/29/2025

Overview

Description

Fantastic investment property in Fiddlers Canyon. 2 separate tax IDs and parcel numbers/seller would like to sell them together as one sale. 4-plex built in 1995, each unit has 1 car garage. Southern side 3 bedroom 2 bathrooms, Northern side units have 2 bedrooms 1 full bath. Duplex built in 2002-unit 1856 on the south side & 1858 on the North side with 1 car garage under each unit plus 2 separate access garages that can be rented to tenants individually. Single family home built in 2000, one level 1,800 sf. w/oversized 3 car garage plus storage room. Additional 1 car garage that can be rented out to tenants separately. This fantastic investment property would be perfect for an on-site owner in the main house. Seller may consider seller financing with at least $700,000 down.

Listing Details MLS# 23-246474

Location, Tax & Legal

House Number
1854/1852
Street Direction Pfx
N
Street Name
Wedgewood
Street Suffix
LN
MLS Area
Outside Area
State/Province
UT
Postal Code
84721
County
Iron
Tax ID
0397676
Total Taxes
3767.69
Tax Year
2022
Elementary Schools
Out of Area
Intermediate Schools
Out of Area
Jr. High Schools
Out of Area
Sr. High Schools
Out of Area
List Price/SqFt
207.52

General Prop Info

Realtor.com
Multi-Family
Lot Acres
0.9
Hot Tub YN
Yes
Pool Private YN
No
Lot Irregular
Yes
Year Built
2000
# of Buildings
3
Number of Units
7
Total SqFt
7951
# Floors
2
Elevators
No
HOA Transfer Fee
No

Contract Info

Original List Price
1750000
Short Sale Status
No

Status Change Info

Sold Date
2024-05-30
Under Contract Date
2024-04-19
Sold Price/SqFt
213.81

Annual Grs Rntl Inc

# 2 Bedroom Units
4
2 Bedroom Total Rent
54000
# 3 Bedroom Units
3
3 Bedroom Rent
54000

Annual Oper Expenses

Real Estate Taxes
3767.69

More Information

Remarks & Misc

Public Remarks
Fantastic investment property in Fiddlers Canyon. 2 separate tax IDs and parcel numbers/seller would like to sell them together as one sale. 4-plex built in 1995, each unit has 1 car garage. Southern side 3 bedroom 2 bathrooms, Northern side units have 2 bedrooms 1 full bath. Duplex built in 2002-unit 1856 on the south side & 1858 on the North side with 1 car garage under each unit plus 2 separate access garages that can be rented to tenants individually. Single family home built in 2000, one level 1,800 sf. w/oversized 3 car garage plus storage room. Additional 1 car garage that can be rented out to tenants separately. This fantastic investment property would be perfect for an on-site owner in the main house. Seller may consider seller financing with at least $700,000 down.

Construction

Wood Frame
Yes

Separate Meters

Electric
Yes
Gas
Yes

Zoning

Commercial
Yes

Garage/Carport

Garages
Yes
Garage Spaces
11

Terms of Sale

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
Seller Financing
Yes

Roof

Asphalt
Yes

Heating

Gas FA
Yes

Air Conditioning

Central Air
Yes

Showing Instructions

Call Listing Agent
Yes

Property Features

Construction: Wood Frame Separate Meters: Electric; Gas Roof: Asphalt Heating: Gas FA Air Conditioning: Central Air Showing Instructions: Call Listing Agent Zoning: Commercial Terms of Sale: 1031 Exchange; Cash; Conventional; Seller Financing
Listing Office: ERA Realty Center
Last Updated: July - 29 - 2025
Broker Attribution: 435-586-2777

Information deemed reliable but not guaranteed.