Salt Lake City, UT 84104,1494 W 500 S

$500,000

$499,999

Est.Price: ?

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Est. payment /mo

4 Beds

2 Baths

1,600 SqFt


SOLD DATE : 04/05/2024

Key Details

Sold Price $500,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $312

Subdivision Fourth South

MLS Listing ID 1974818

Sold Date 04/05/24

Style Side By Side

Bedrooms 4

Construction Status Blt./Standing

HOA Y/N No

Year Built 1970

Annual Tax Amount $1,861

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 0.0x0.0x0.0

Property Description

This side-by-side duplex presents a fantastic investment opportunity in a prime location. Both units are rented out to long-term tenants. Each unit boasts 2 bedrooms and 1full bathrooms, providing ample space for tenants and maximizing rental potential or live in one side and rent the other. The rent will offset at least half of your mortgage. The property's layout ensures privacy for each tenant and includes a separate entrance for added convenience. With its strategic location, this investment gem offers easy access to downtown, universities, and major transportation routes, attracting a steady stream of renters. Don't miss your chance to capitalize on Salt Lake City's thriving rental market and secure a reliable income stream. Whether you're a seasoned investor or new to the real estate game, 1494 West 500 south promises a rewarding and lucrative venture. Act fast before this opportunity slips away! *Please make all offers subject to inspection* Information, including square footage, provided as a courtesy only, buyer and buyer agent to verify all. Please do not disturb tenants. Showings will start Saturday January 20th, 2024. Agent related to the seller

Location

State UT

County Salt Lake

Area Salt Lake City; Rose Park

Zoning Multi-Family

Interior

Heating Forced Air

Flooring Laminate, Tile

Fireplace false

Exterior

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Asphalt

Present Use Residential

Topography Corner Lot, Fenced: Full

Total Parking Spaces 4

Private Pool false

Building

Lot Description Corner Lot, Fenced: Full

Sewer Sewer: Connected

Water Culinary

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Franklin

Middle Schools Northwest

High Schools West

School District Salt Lake

Others

Senior Community No

Tax ID 15-03-428-006

Acceptable Financing Conventional, FHA, VA Loan

Horse Property No

Listing Terms Conventional, FHA, VA Loan

Financing Conventional

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Listed by Distinction Real Estate
Bought with Fathom Realty (Union Park)
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+1(801) 259-5565

ccpollock@outlook.com

5965 S 900 E STE 150, Murray, Utah, 84121, United States

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