$1,000,000
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11 Beds
7 Baths
4,849 SqFt
SOLD DATE : 09/20/2024
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,849 sqft
Price per Sqft $216
Subdivision Sylvan Sub
MLS Listing ID 2020055
Sold Date 09/20/24
Style Up And Down
Bedrooms 11
Construction Status Blt./Standing
HOA Y/N No
Year Built 1910
Annual Tax Amount $3,753
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Quadruplex
Property Description
This unique property offers an exceptional investment opportunity featuring two duplexes in a prime location near the University of Utah. Nestled in a quiet and walkable neighborhood, this historic property has been creatively adapted with the addition of a gas and electrical meters to maximize potential. The thoughtfully shared outdoor areas offer a welcoming environment and the opportunity to create a more useful or serene space, while ample parking and easy access to the growing vibrancy of downtown add to the appeal. Currently generating strong income, despite the below-market rents, this property presents an incredible opportunity for growth and increased returns.
Location
State UT
County Salt Lake
Area Salt Lake City; So. Salt Lake
Zoning Multi-Family
Interior
Interior Features Basement Apartment, Den/Office, Disposal, Kitchen: Second, Oven: Gas, Range: Gas
Heating Forced Air, Gas: Central
Flooring Carpet, Hardwood, Linoleum, Tile
Fireplace false
Window Features Blinds,Drapes,Part
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Exterior Feature Basement Entrance, Deck; Covered, Patio: Covered, Porch: Open, Walkout, Patio: Open
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Asbestos Shingle
Present Use Residential
Topography Fenced: Full, Road: Paved, Sidewalks, Terrain, Flat, View: Mountain
Porch Covered, Porch: Open, Patio: Open
Total Parking Spaces 7
Private Pool false
Building
Lot Description Fenced: Full, Road: Paved, Sidewalks, View: Mountain
Faces East
Sewer Sewer: Connected, Sewer: Public
Water Culinary
Structure Type Brick,Cinder Block
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Ensign
Middle Schools Bryant
High Schools East
School District Salt Lake
Others
Senior Community No
Tax ID 16-05-458-016
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Cash
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Bought with KW Westfield (Excellence)