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723 E 3720 #B6 S photo 11 / 26

$279,900

723 E 3720 #B6 S, Millcreek, UT 84106

Type

Condo

List Price

$279,900

Price/Sqft

$274

Est Gross Yield

7.9%

$22,236/yr est.

Property Details

Property typeCondo
Year built1971
Total units1
Living area1,022 sqft
Bedrooms2
Bathrooms2
Lot size0.01 acres
Parking1 spaces
Days on market55
Listed2026-06-05T00:00:00+00:00

Description

Located in the heart of Millcreek, this home features a modern updated kitchen with new appliances, comfortable living space, and stress-free living with the HOA covering almost everything - water, gas, trash, sewer, and even internet. The only utility you pay is electricity, making budgeting simple and affordable. For investors, this property presents a rare advantage: the HOA has not yet reached its rental cap, meaning the unit can be used as a rental (buyer to verify). Whether you're looking to expand your portfolio or secure a future income-producing property, this is a standout opportunity! Conveniently located near shopping, dining, and freeway access, this is an easy place to settle in and feel at home. Square footage figures are provided as a courtesy estimate only and were obtained from the county. Buyer is advised to obtain an independent measurement and verify all.

Listed by Patricia Tann · Tanngent Realty

Location

723 E 3720 #B6 S, Millcreek, UT 84106

Proforma

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Cap Rate

5.28%

Cash-on-Cash

1.62%

Cash Flow

$141/mo

Purchase Price$279,900
Down Payment35% ($97,965)
Interest Rate6.00%
Monthly Rent$1,853/mo
Vacancy5%
Expense Ratio30% ($6,337)

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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 7/30/2026, 2:21:17 AM. 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.