50 E 250 N, Midway, UT 84049
50 E 250 N, Midway, UT 84049
50 E 250 N, Midway, UT 84049
50 E 250 N, Midway, UT 84049
50 E 250 N, Midway, UT 84049
50 E 250 N, Midway, UT 84049
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Blair Allen

Blair Allen

+1(801) 337-5057
$ 749,999
Est. payment | /mo

4 Beds

2 Baths

2,208 SqFt

Save Virtual Tour
$ 749,999
Est. payment | /mo
Save Virtual Tour

4 Beds

2 Baths

2,208 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,208 sqft

Price per Sqft $339

MLS Listing ID 2175577

Style Split-Entry/Bi-Level

Bedrooms 4

Full Baths 2

Construction Status Blt./Standing

HOA Y/N No

Abv Grd Liv Area 1,104

Year Built 1975

Annual Tax Amount $4,299

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Single Family Residence

Property Description

UNIQUE MIDWAY OPPORTUNITY: 50% FRACTIONAL OR FULL PURCHASE WITH POSSIBLE ASSUMABLE LOAN! Take advantage of flexible ownership in one of Wasatch County's most desirable mountain towns-just in time to secure your position ahead of the 2034 Salt Lake City Winter Olympics! With Midway's own Soldier Hollow slated to host official Olympic events, this is an incredible opportunity to secure a foothold in a globally recognized winter sports destination. Choose from two tailored ownership structures designed to fit your goals: Option A (50% Fractional Share): Offered at $398,000, giving you exclusive occupancy of the spacious upper level. Featuring an attractive assumable low rate option. Option B (Full Home Purchase): Offered at $750,000, featuring an attractive seller finance option and exceptional income versatility. Why This Property is a Rare Market Find: Midway's single-family home prices currently sit well over $1 Million, making entry into this market cost-prohibitive for most traditional buyer profiles. Finding a remodeled single-family home right in town priced under $800,000 is nearly non-existent. Whether you are looking for a smart investment asset, a low-overhead second home, or a collaborative co-ownership setup, an investor or buyer capitalizing on this setup wins for several key reasons: Wasatch County Appreciation & Protection: Midway's sub-$800k inventory in town is tightly constrained. Holding a dual-income residential asset here amid Heber Valley's ongoing growth provides solid long-term equity upside and downside protection. Creative Financing: Buying at current high investment rates can heavily impact cash flow. Capitalize on a low-rate loan assumption ($330k balance) or explore tailored seller financing options ($200k+ down, with rates improving based on the down payment). This directly improves debt service coverage and day-one cash flow. Such potential for any type of Buyer out there. Buyer and Buyer's Agent to verify all MLS information, zoning, city rental regulations, and loan assumption details.

Location

State UT

County Wasatch

Area Midway

Zoning Single-Family

Rooms

Basement Daylight, Entrance, Full, Walk-Out Access

Primary Bedroom Level Floor: 1st

Main Level Bedrooms 2

Interior

Interior Features Accessory Apt, Basement Apartment, Disposal, Kitchen: Second, Kitchen: Updated, Mother-in-Law Apt., Range/Oven: Free Stdng., Granite Countertops

Heating Forced Air

Cooling Central Air

Flooring Carpet, Laminate, Tile

Fireplaces Number 1

Fireplace Yes

Window Features Blinds,Part

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Basement Entrance, Double Pane Windows, Patio: Covered, Sliding Glass Doors, Walkout

Garage Spaces 2.0

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

View Y/N Yes

View Mountain(s)

Roof Type Asphalt

Present Use Single Family

Topography Fenced: Part, Road: Paved, Terrain, Flat, View: Mountain

Porch Covered

Total Parking Spaces 6

Private Pool No

Building

Lot Description Fenced: Part, Road: Paved, View: Mountain

Faces North

Story 2

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Architectural Style Split-Entry/Bi-Level

Finished Basement 100

Structure Type Aluminum,Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Midway

Middle Schools Rocky Mountain

High Schools Wasatch

School District Wasatch

Others

Senior Community No

Tax ID 00-0006-4886

Acceptable Financing Assumable, Cash, Conventional, FHA, Seller Finance, VA Loan, USDA Rural Development

Listing Terms Assumable, Cash, Conventional, FHA, Seller Finance, VA Loan, USDA Rural Development

Virtual Tour https://www.utahrealestate.com/report/display/report/photo/listno/2175577/type/1/pub/0

Listed by Utah Select Realty PC
NEARBY SCHOOL & BUSINESS

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Blair Allen

Blair Allen

Agent License ID: 5499328-SA00

+1(801) 337-5057

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