$650,000
$675,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,128 SqFt
SOLD DATE : 10/27/2021
Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,128 sqft
Price per Sqft $305
Subdivision Park
MLS Listing ID 1751710
Sold Date 10/27/21
Style Stories: 1
Bedrooms 4
Construction Status Blt./Standing
HOA Y/N No
Year Built 1948
Annual Tax Amount $1,727
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 0.0x0.0x0.0
Property Description
APPRAISAL In-Hand for $675K! Rents keep going up on this fourplex. Unique setup with a triplex and separate bungalow in back. Tenants pay ALL UTILITIES and snow removal. Net Income is solid and is yielding about 5% Cap Rate. Zero-scaped property is low cost and low maintenance. Convenient to freeways and businesses, but on a quiet street. Yearly leases, but tenants could be removed for owner-occupied purchase.
Location
State UT
County Salt Lake
Area Salt Lake City; So. Salt Lake
Zoning Multi-Family
Interior
Interior Features Range/Oven: Built-In
Heating Forced Air, Gas: Central
Flooring Carpet, Laminate, Tile
Fireplace false
Window Features Blinds
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Basement Entrance, Double Pane Windows, Out Buildings
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
View Y/N No
Roof Type Asphalt
Present Use Residential
Total Parking Spaces 4
Private Pool false
Building
Faces South
Sewer Sewer: Connected, Sewer: Public
Water Culinary
Structure Type Composition
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Woodrow Wilson
Middle Schools Granite Park
High Schools Cottonwood
School District Granite
Others
Senior Community No
Tax ID 16-19-359-018
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Conventional
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Bought with TurnKey Realty Group, LLC