$500,000
$499,999
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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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Bought with Fathom Realty (Union Park)