$1,075,000
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8 Beds
4 Baths
3,652 SqFt
SOLD DATE : 01/16/2025
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,652 sqft
Price per Sqft $276
MLS Listing ID 2031639
Sold Date 01/16/25
Style Up And Down
Bedrooms 8
Construction Status Blt./Standing
HOA Y/N No
Year Built 1962
Annual Tax Amount $7,260
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Quadruplex
Property Description
PRIME 4plex investment in an incredible rental location. The vicinity to retail, restaurants, and the 15 freeway makes this a tenant's dream home. It's an investor's dream because it's located in an opportunity zone which offers significant tax benefits, including tax deferrals and potential exclusions on capital gains taxes. All 4 units were just renovated with some of these improvements: new window AC unit, new furnace, new water heater, new stainless steel appliances, carpet/LVP, tub surrounds, lights, vanities, newer vinyl windows, etc. - no deferred maintenance! The owner has intentionally left one unit vacant for the future buyer to owner occupy or charge whatever they want for rental income (it should each rent for $1,550/mo in its current condition). Each unit has its own washer & dryer hookups along with a carport and storage unit which make this easy to rent and charge a premium. Nicely fenced yard with automatic sprinklers. Text me for a tour!
Location
State UT
County Salt Lake
Area Salt Lake City; So. Salt Lake
Zoning Multi-Family
Interior
Heating Forced Air, Gas: Central
Flooring Carpet, Laminate, Tile
Equipment Window Coverings
Fireplace false
Window Features Blinds,Full
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Double Pane Windows, Lighting
Carport Spaces 4
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
View Y/N No
Roof Type Pitched
Present Use Residential
Topography Curb & Gutter, Fenced: Part, Sidewalks
Total Parking Spaces 12
Private Pool false
Building
Lot Description Curb & Gutter, Fenced: Part, Sidewalks
Faces South
Sewer Sewer: Connected, Sewer: Public
Water Culinary
Structure Type Brick
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools None/Other
Middle Schools None/Other
High Schools None/Other
School District Salt Lake
Others
Senior Community No
Tax ID 15-25-426-021
Acceptable Financing Cash, Conventional, FHA, VA Loan
Horse Property No
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
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