$1,045,000
$1,099,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
4 Baths
3,601 SqFt
SOLD DATE : 12/15/2023
Key Details
Sold Price $1,045,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,601 sqft
Price per Sqft $290
Subdivision Salt Lake City Surve
MLS Listing ID 1951614
Sold Date 12/15/23
Style Up And Down
Bedrooms 7
Construction Status Blt./Standing
HOA Y/N No
Year Built 1948
Annual Tax Amount $6,864
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 0.0x0.0x0.0
Property Description
High Occupancy 4-Plex Opportunity near University of Utah & Downtown. 100% Occupied. Conveniently positioned near the University of Utah and the vibrant heart of downtown. Great investment potential. Please respect the privacy of the tenants, and no showings will be scheduled before an accepted offer is in place. Property Highlights: The property features an boiler system that delivers radiant heat via baseboard heaters. Shared Yard & Ample Parking, good sized shared yard at the rear of the property. The property also offers ample parking in the open space as well as an accesory garage structure. Complementing the rental income potential, a detached 4-car garage and an on-site coin-operated laundry room offer additional revenue streams. Future development potential. Buyers are encouraged to verify the details with the SLC Planning and Zoning department. Additional Information: Seller-Provided Information: All information provided by the seller is deemed accurate, and buyers and their representatives are encouraged to verify all details independently. Prime investment property near the University of Utah and downtown, poised for remarkable growth and income potential. Act swiftly as this 4-Plex is a standout in its category and is certain to attract savvy investors. This property may also be sold as a package with MLS#1951615
Location
State UT
County Salt Lake
Area Salt Lake City; So. Salt Lake
Zoning Multi-Family
Interior
Interior Features Disposal, Range/Oven: Free Stdng.
Heating Hot Water
Flooring Laminate
Fireplace false
Window Features Blinds,Part
Exterior
Garage Spaces 4.0
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Asphalt
Present Use Residential
Topography Sprinkler: Auto-Full, Terrain, Flat, View: Mountain
Total Parking Spaces 4
Private Pool false
Building
Lot Description Sprinkler: Auto-Full, View: Mountain
Faces North
Sewer Sewer: Connected, Sewer: Public
Water Culinary
Structure Type Brick
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Bennion (M Lynn)
Middle Schools Bryant
High Schools East
School District Salt Lake
Others
Senior Community No
Tax ID 16-05-454-034
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Seller Financing
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Bought with 1st Class Real Estate Partners