586 W TIFFANY TOWN DR S Pending Save Request In-Person Tour Request Virtual Tour
Midvale,UT 84047
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 4,334 sqft
Price per Sqft $252
MLS Listing ID 2018817
Style Stories: 2
Bedrooms 8
Construction Status Blt./Standing
HOA Y/N No
Year Built 1977
Annual Tax Amount $4,562
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 0.0x0.0x0.0
Property Description
**Over $150,000.00 in total annual gross rents!** This remodeled Quad-plex is being sold with it's sister building adjacent to it MLS # 2018818. Both buildings have had 100% occupancy rates. Potential 7%+ CAP Rate with rent increases. All of the units have been renovated and include individual fenced yards. The large common area is also fenced with a long private drive lane behind the complex for secure parking. These are some of the nicest units in the area and the private yards, large common area, and secluded parking have been a major draw for highly qualified tenants. The premises has two security cameras that can be monitored via a phone app. The majority of tenants have been in these units for several years and are due for rent increases. Plenty of common area space to add storage sheds for additional income. This complex has a quaint, friendly feeling to it and the tenants have all been happy and love living here. These quad-plexes are a phenomenal value and are very low maintenance. The rent rolls, copy of leases, and tenant summaries are available upon request. **Preferred lender incentives are also being offered. Call the listing agent for more details.**
Location
State UT
County Salt Lake
Area Murray; Taylorsvl; Midvale
Zoning Multi-Family
Interior
Interior Features Disposal,Kitchen: Updated,Range/Oven: Free Stdng.,Dishwasher: Built-In,Video Camera(s)
Heating Forced Air,Gas: Central
Flooring Carpet
Inclusions Microwave, Range, Refrigerator
Fireplace No
Window Features Blinds
Laundry Electric Dryer Hookup
Exterior
Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
Waterfront No
View Y/N Yes
View Mountain(s)
Roof Type Asphalt,Pitched
Present Use Residential
Topography Cul-de-Sac, Curb & Gutter, Fenced: Full, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain
Private Pool false
Building
Lot Description Cul-De-Sac,Curb & Gutter,Fenced: Full,Sidewalks,Sprinkler: Auto-Full,View: Mountain
Sewer Sewer: Connected
Water Culinary
Structure Type Brick
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Copperview
Middle Schools Midvale
High Schools Hillcrest
School District Canyons
Others
Senior Community No
Tax ID 21-36-303-005
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan