1649 W State St

What the listing says

SELLER FINANCING AVAILABLE! $190,000 down, 6.5% interest based on 30-year amortization, with a 3-year balloon. Unique property in the heart of Hurricane offering income-producing potential as a residential or commercial property on 0.58 acres. Highway Commercial zoned with a grandfathered residential overlay. Located just 25 minutes from Zion National Park and only 10 minutes to both Sand Hollow State Park & Quail Creek State Park, this property is ideally positioned for a rental or 2nd home. Currently configured as a primary residence (Unit A) plus two active short-term rentals (Units B & C), with Units B & C generating $47,500 in short-term rental income last year. If the new owner does not intend to occupy the property but rather rent all 3 units as long-term rentals, it's estimated that the total rental income would be over $50,000 per year (about $4,175 per month). Estimated Long-Term Rent per unit Unit A - $1,975, Unit B - $1,250, Unit C - $950. Let your tenants pay your mortgage with cash left over! The fully fenced parcel offers abundant parking, open space & expansion potential. Separate utility meters and mini-split systems for the rental units enhance operational flexibility. The private setting off State Street provides seclusion while maintaining convenient downtown access. With no HOA, no adjacent residential neighbors, and surrounded by commercial zoning, this property presents a rare opportunity for flexible use & steady income in a high-tourism area. Highway Commercial zoning supports a wide variety of potential uses including additional rental units or business operations. Opportunities may include adding additional tiny homes or container homes, converting Unit A into a duplex plus the garage into a studio apartment, or operating a business alongside residential or rental use. A versatile property offering the rare opportunity to live, invest, and grow income in Southern Utah's premier recreation destination.