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1035 S 500 E, Heber City, UT 84032
$374,900
1035 S 500 E, Heber City, UT 84032
Type
Condo
List Price
$374,900
Price/Sqft
$323
Est Gross Yield
9.8%
$36,660/yr est.
Property Details
Description
MOTIVATED SELLER IS OFFERING A 2-1 RATE BUYDOWN - a qualified buyer could see a significantly lower monthly payment in years one and two. Ask your agent for the numbers and details. This top-floor Heber Valley condo is also already working for you: it's currently operating as a successful midterm rental on FURNISHED FINDER, Utah's #1-ranked rental platform. Step in with zero downtime and strong rental income already in place - seller is open to including all furnishings for a seamless transition. BRAND NEW CARPET throughout. Vaulted ceilings, a cozy fireplace, 3 bedrooms, 2 full baths, granite kitchen with white cabinetry, and a private covered deck with stunning mountain views. Two parking spaces (one covered) and resort-style amenities - pool, fitness center, clubhouse, pickleball/basketball courts, and green space. HOA now welcomes up to two large dogs. Minutes from top-rated schools, shopping, dining, and the Wasatch Back's legendary outdoor recreation. Works equally well as a primary residence, weekend retreat, or hands-off investment. Schedule your tour today. Buyer to verify all information. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
Listed by Patrice Hansen · Davis Coleman Realty
Location
1035 S 500 E, Heber City, UT 84032
Proforma
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Cap Rate
6.50%
Cash-on-Cash
4.87%
Cash Flow
$571/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/1/2026, 4:35:31 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.