$588,000
$595,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
2,584 SqFt
SOLD DATE : 12/31/2020
Key Details
Sold Price $588,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,584 sqft
Price per Sqft $227
Subdivision Plat A Big Field Sur
MLS Listing ID 1715140
Sold Date 12/31/20
Style Stories: 2
Bedrooms 6
Construction Status Blt./Standing
HOA Y/N No
Year Built 1894
Annual Tax Amount $3,671
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 0.0x0.0x0.0
Property Description
HUGE potential with this fourplex and lot! All units fully rented, but could be remodeled for additional rent increases. Extra big parking lot, office-out-building, 2 large storage sheds could be used for additional income! Property has a healthy NOI and is offered at a 5% Cap Rate! One of the best values on the market!
Location
State UT
County Salt Lake
Area Salt Lake City; So. Salt Lake
Zoning Multi-Family
Interior
Interior Features Range/Oven: Built-In
Heating Electric, Gas: Central
Flooring Hardwood, Tile, Vinyl
Fireplace false
Window Features Blinds
Exterior
Exterior Feature Out Buildings, Patio: Covered
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Waterfront No
View Y/N No
Roof Type Membrane
Present Use Residential
Topography Curb & Gutter, Sidewalks, Sprinkler: Auto-Full
Porch Covered
Parking Type Parking: Uncovered
Total Parking Spaces 10
Private Pool false
Building
Lot Description Curb & Gutter, Sidewalks, Sprinkler: Auto-Full
Faces West
Sewer Sewer: Connected
Water Culinary
Structure Type Stucco
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Nibley Park
Middle Schools Clayton
High Schools Highland
School District Salt Lake
Others
Senior Community No
Tax ID 16-29-103-049
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Conventional
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Bought with KW Salt Lake City Keller Williams Real Estate