$1,165,000
$1,165,000
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10 Beds
5 Baths
5,175 SqFt
SOLD DATE : 08/16/2022
Key Details
Sold Price $1,165,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,175 sqft
Price per Sqft $225
Subdivision Belmont Sub
MLS Listing ID 1824445
Sold Date 08/16/22
Style Up And Down
Bedrooms 10
Construction Status Blt./Standing
HOA Y/N No
Year Built 1911
Annual Tax Amount $5,257
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 0.0x0.0x0.0
Property Description
9th and 9th Investment opportunity. There is room to raise rents to boost returns. Current rents and leases: Unit 1 $2,500/mo and ends 7/31/2022, Unit 2 $1,295 and ends 7/31/2022, Unit 3 $1,275 and ends 11/30/2022, Unit 4 is $1,350 and ends 6/30/2023. The rents shown in the unit configuration are based on proforma numbers. There is a shared on-site laundry area and a good sized parking lot in the back. Call/text agent to schedule a showing. Buyer is advised to obtain an independent measurement. Seller will be doing 1031 exchange.
Location
State UT
County Salt Lake
Area Salt Lake City; So. Salt Lake
Zoning Multi-Family
Interior
Interior Features Range: Gas
Heating Electric
Flooring Carpet, Hardwood, Linoleum, Vinyl
Fireplace false
Window Features Blinds
Exterior
Exterior Feature Basement Entrance, Porch: Open
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
View Y/N No
Roof Type Asphalt
Present Use Residential
Porch Porch: Open
Total Parking Spaces 6
Private Pool false
Building
Faces West
Sewer Sewer: Connected
Water Culinary
Structure Type Frame
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Emerson
Middle Schools Bryant
High Schools East
School District Salt Lake
Others
Senior Community No
Tax ID 16-08-330-002
Acceptable Financing Cash, Conventional, FHA
Horse Property No
Listing Terms Cash, Conventional, FHA
Financing Cash
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Bought with NON-MLS