$520,000
$520,000
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8 Beds
4 Baths
3,480 SqFt
SOLD DATE : 05/31/2018
Key Details
Sold Price $520,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,480 sqft
Price per Sqft $149
Subdivision Arlington
MLS Listing ID 1515365
Sold Date 05/31/18
Style Up And Down
Bedrooms 8
Construction Status Blt./Standing
HOA Y/N No
Year Built 1981
Annual Tax Amount $2,705
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 0.0x0.0x0.0
Property Description
A true 7% Cap Rate based on actual income and expenses! Completely renovated fourplex with long term leases offers investors a turn-key property with many years of strong cash flow with reduced capital expenditures. The entire apartment building has recently been renovated throughout with new laminate wood flooring, brand new kitchens, countertops, cabinets and stainless steel appliances; brand new bathrooms, toilets, tubs and vanities; brand new windows, doors, trim, paint and furnaces. Showings will be held by appointment only on Friday April 6 between 12:00-2:00 PM and on Saturday April 7 between 12:00-2:00 PM. Please contact the listing agent for a copy of the property's financial statement, rent roll and a copy of the leases.
Location
State UT
County Salt Lake
Area Magna; Taylrsvl; Wvc; Slc
Zoning Multi-Family
Interior
Interior Features Kitchen: Updated, Range/Oven: Free Stdng., Dishwasher: Built-In
Heating Forced Air
Flooring Laminate, Vinyl
Equipment Window Coverings
Fireplace false
Window Features Blinds
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Double Pane Windows
Carport Spaces 4
Utilities Available Sewer Connected, Sewer: Public
View Y/N No
Roof Type Asphalt
Present Use Residential
Topography Curb & Gutter, Road: Paved, Sidewalks, Terrain, Flat
Total Parking Spaces 12
Private Pool false
Building
Lot Description Curb & Gutter, Road: Paved, Sidewalks
Faces East
Sewer Sewer: Connected, Sewer: Public
Water Culinary
Structure Type Brick,Frame
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Academy Park
Middle Schools John F. Kennedy
High Schools Hunter
School District Granite
Others
Senior Community No
Tax ID 21-06-353-013
Acceptable Financing Cash, Conventional, FHA
Horse Property No
Listing Terms Cash, Conventional, FHA
Financing Conventional
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Bought with Equity Real Estate (Premier Elite)