1488 S 400 E #1-4 Active

Salt Lake City,UT 84115

$ 1149500

8 Beds

8 Baths

3960 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,960 sqft

Price per Sqft $290

MLS Listing ID 2011561

Style Side By Side

Bedrooms 8

Construction Status Blt./Standing

HOA Y/N No

Year Built 1979

Annual Tax Amount $6,097

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 0.0x0.0x0.0

Property Description

Charming Fourplex in Prime Location! Discover this fantastic fourplex nestled in an amazing location right by Liberty Park, with easy access to downtown and Sugarhouse. This property boasts a high rental demand, making it a savvy investment opportunity! All units have been meticulously updated over the past 5-6 years, featuring new carpets, fresh paint, modern appliances, stylish lighting, and renovated bathrooms. Potential for Increased Cash Flow: Current rents are below market rates, offering a significant opportunity to boost your income by adjusting the rent. Tenants handle their own utilities, while the owner covers water, sewer, and garbage services. Each unit is designed in a townhouse style, 2 bedrooms, one bath each complete with a cozy backyard. End units boast larger back and side yards, potentially commanding higher rents. All units are currently tenant-occupied, ensuring immediate rental income. This property is a rare find with its desirable location, modern upgrades, and income potential. Don't miss out on this exceptional investment opportunity! Please Note that there will not be showings without an accepted offer. Thank you!

Location

State UT

County Salt Lake

Area Salt Lake City; So. Salt Lake

Interior

Fireplace No

Exterior

Waterfront No

View Y/N No

Present Use Residential

Private Pool false

Building

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Hawthorne

Middle Schools Clayton

High Schools East

School District Salt Lake

Others

Senior Community No

Tax ID 16-18-208-058

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