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Key Details
Sold Price $472,750
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,268 sqft
Price per Sqft $144
Subdivision Alta Place
MLS Listing ID 1311034
Sold Date 11/25/15
Style Other/See Remarks
Bedrooms 7
Construction Status Blt./Standing
HOA Y/N No
Year Built 1950
Annual Tax Amount $2,646
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 0.0x0.0x0.0
Property Description
Fantastic Sugarhouse location on the corner of 500 East and Downington Ave. Quiet, convenient, and always generates tremendous interest when a "For Rent" sign is posted in the yard. Make the most of the strong rental market, take advantage of the depreciation to help with your taxes, and get the best bang for your buck in your financing. Just a few great reasons to invest in fourplexes and why so few are being listed for sale. This one has a newer roof, newer boiler, newer swamp coolers, new gutters, and inside there have been upgrades like new carpet and appliances in some of the units. Three of the units are 2 bedroom, 1 bathroom, and there is a 1 bedroom, 1 bathroom unit. Shared coin-op laundry, shared exterior storage space, and three 1 car garages to provide ample off-street parking. Professionally managed and in great condition, but ready for turn-key, worry-free ownership for the weekend landlord. Call for rental revenue. Offers to be made subject to inspection.
Location
State UT
County Salt Lake
Area Salt Lake City; So. Salt Lake
Zoning Multi-Family
Interior
Interior Features Disposal, Range/Oven: Free Stdng., Dishwasher: Built-In
Heating Gas: Radiant
Flooring Carpet, Linoleum, Tile
Equipment Window Coverings
Fireplace false
Window Features Blinds,Full
Exterior
Exterior Feature Double Pane Windows, Porch: Open
Garage Spaces 3.0
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Waterfront No
View Y/N No
Roof Type Asphalt
Present Use Residential
Topography Sidewalks, Sprinkler: Auto-Full, Terrain, Flat
Porch Porch: Open
Total Parking Spaces 3
Private Pool false
Building
Lot Description Sidewalks, Sprinkler: Auto-Full
Sewer Sewer: Connected
Water Culinary
Structure Type Brick
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Hawthorne
Middle Schools Clayton
High Schools Highland
School District Salt Lake
Others
Senior Community No
Tax ID 16-18-427-013
Acceptable Financing Cash, Commercial Fin. Req., FHA
Horse Property No
Listing Terms Cash, Commercial Fin. Req., FHA
Financing Cash
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Bought with Century 21 Everest
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