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Existing Home
7264 SILVER WAY , Eagle Mountain City, Utah County, UT 84005

The Home

Status: Active / Style: Stories: 2 /

/SQF 658,000

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Seller Financing Available! Discover this beautifully maintained 6-bedroom, 3.5-bathroom home designed to accommodate various lifestyles, with ample space for everyone. The separate mother-in-law apartment is a significant highlight, perfect for extended family, guests, or rental income. This unit, featuring its entrance, two bedrooms, private laundry facilities, and a double-lock door for privacy, offers flexibility for multi-generational living or rental opportunities. Home Features and Beauty Every inch of this home reflects quality craftsmanship, from upgraded cabinets and countertops to stylish accents and flooring. This residence feels open and inviting, with 9-foot ceilings on the main floor and basement. Lovingly maintained by its owner, the home is pristine, ensuring it remains a beautiful space for years. A spacious driveway and ample street parking make hosting a breeze. Prime Location Nestled in the heart of Eagle Mountain, you'll enjoy easy access to outdoor amenities like Kiowa Valley Trail, Roadrunner Mountain Biking Trailhead, Flintstone Trail, and more. Parks, Silver Lake Elementary, Ridley's Market, and Silver Lake Amphitheater Park are just moments away, adding convenience to this serene lifestyle. Investment Potential The basement apartment is a lucrative investment opportunity with separate rental potential. The entire home was rented to a single family for $3,600 monthly, showcasing its income-generating solid potential. Additionally, if rented separately, upstairs rentals average around $2,250 per month, while basement units rent for about $1,350, with tenants also covering a third of the utilities. Whether you rent both units, live in one, or lease the other, this arrangement can significantly offset the mortgage or add to cash flow. Flexible Financing Option Qualified buyers can use seller financing with a down payment of $220,000 and an attractive 4.99% interest rate, bypassing traditional mortgage hurdles. The Seller's current mortgage balance is approximately $440,000. This flexible financing option makes owning this exceptional property more accessible, whether you're a first-time buyer, investor, or seeking alternative financing.
MLS#: 2059780
Price Decreased From 659,900 To 658,000

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  • 5227.2 Lot Size Sq. Ft.
  • 3416 Finished Sq. Ft.
  • 6 Beds
  • 4 Baths
  • 2 Garages
  • 658,000
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* Estimated Mortgage based on an average mortgage rate of 7.12 30 Year Fixed. This rate is offered with 20% down and a credit score of 740+ Taxes and Insurance not included.
Property Listed By EXP Realty, LLC
Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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