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1045 S 1700 W, Payson, UT — photo 11 / 27

$249,000

1045 S 1700 W, Payson, UT 84651

Type

Condo

List Price

$249,000

Price/Sqft

$204

Est Gross Yield

7.8%

$19,404/yr est.

Property Details

Property typeCondo
Year built2010
Total units1
Living area1,223 sqft
Bedrooms3
Bathrooms2
Lot size0.03 acres
Parking2 spaces
Days on market0
Listed2026-10-08T00:00:00+00:00

Description

Main-level living with no stairs! This 3 bed, 2 bath Ridgestone condo offers 1,223 sq ft and comes with a $2,000 paint and carpet credit from the seller. First-time buyers get an affordable way into homeownership, and investors get a tenant who would like to stay, so there's rental income from day one. The tenant can also vacate with 30 days' notice. The HOA covers water, sewer, trash, internet, insurance, and snow removal, which keeps monthly costs simple, and you'll have access to the clubhouse, gym, and picnic area. Minutes from the MTECH campus, shopping, and I-15. Nebo School District. **LENDER INCENTIVE** Qualified buyers receive 1% interest rate reduction for the first FULL YEAR when using First Colony Mortgage as the preferred lender for this financing option. Buyers must pre-qualify with First Colony Mortgage. Contact Keeley Rudolph at (801) 400-6872 for complete program details and eligibility. Terms and conditions apply. Not a commitment to lend. Info deemed reliable; buyer/buyer's agent to verify all. Square footage figures are provided as a courtesy estimate only obtained from tax records.

Listed by Britta Jarvie · EXP Realty, LLC

Location

1045 S 1700 W, Payson, UT 84651

Proforma

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Cap Rate

5.18%

Cash-on-Cash

1.35%

Cash Flow

$105/mo

Purchase Price$249,000
Down Payment35% ($87,150)
Interest Rate6.00%
Monthly Rent$1,617/mo
Vacancy5%
Expense Ratio30% ($5,530)

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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 10/8/2026, 3:24:42 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.