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757 E GUS RICH LN photo 11 / 36
Single Family

$2,750,000

757 E GUS RICH LN, Garden City, UT 84028

Type

SFR

List Price

$2.75M

Price/Sqft

$1471

Est Gross Yield

2.0%

$54,924/yr est.

Property Details

Property typeSingle Family
Year built1945
Total units1
Living area1,870 sqft
Bedrooms3
Bathrooms1
Lot size0.9 acres
Parking10 spaces
Days on market23
Listed2026-05-20T00:00:00+00:00

Description

WOW!!! Rare opportunity to own a treasured beachfront property that has remained in the same family for approximately 80 years. Situated on nearly one acre, this seasonal cabin (winterized annually) offers exceptional potential for its next owner. Whether you choose to build a brand-new waterfront retreat or restore and modernize the existing cabin into a year-round residence, the true value lies in the prime location and expansive lot size. Filled with vintage mid-century charm, the cabin features three bedrooms indoors, along with a spacious screened wraparound porch that includes additional sleeping areas for hosting large gatherings of family and friends. Most furnishings will be included with the sale. Be sure to view the photo tour to fully appreciate this rare waterfront offering. Buyer and buyer's agent are responsible for verifying all information. Buyers must be represented by a licensed buyer's agent or broker.

Listed by Todd Jones · Jones & Associates Real Estate, LLC

Location

757 E GUS RICH LN, Garden City, UT 84028

Proforma

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Cap Rate

1.33%

Cash-on-Cash

-8.93%

Cash Flow

-$7,673/mo

Purchase Price$2,750,000
Down Payment35% ($962,500)
Interest Rate6.00%
Monthly Rent$4,577/mo
Vacancy5%
Expense Ratio30% ($15,653)

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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 6/12/2026, 5:36:16 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.