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Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $212
Subdivision Park
MLS Listing ID 1895983
Sold Date 10/16/23
Style Side By Side
Bedrooms 8
Construction Status Blt./Standing
HOA Y/N No
Year Built 1983
Annual Tax Amount $5,502
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 0.0x0.0x0.0
Property Description
Great time to invest in a 4Plex! One unit is open for you to purchase as a primary residence on an FHA loan if you were going to live in one unit. You could possibly use the rents to help qualify and offset the debt to income. Great way to start investing in a multi-unit home. Or investors are also welcome as this is a great rental property with professional management since 2014 and they would love to continue managing if you wanted to hire them too. All units are 2 bed 2 bath 1000 sq ft. Easily rented and all but one on year leases. Unit 1 is month-to-month. Big grass area for kids to play and big tree in the front for nice shade in the summer. Carport for 4 spots and 4 uncovered parking spots. Unit 3 is being remodeled and is tough to preview from 9 yr tenant repairs needed and in the process of getting cleaned up with new carpet and paint to be ready for its new owner. We may be able to coordinate showings for unit 3 in the next week. I'll have to verify with the management company! Please provide a pre-approval letter or proof of funds with the offer.
Location
State UT
County Salt Lake
Area Magna; Taylrsvl; Wvc; Slc
Zoning Multi-Family
Interior
Interior Features Disposal, Range/Oven: Built-In, Dishwasher: Built-In
Heating Forced Air, Gas: Central
Fireplace false
Laundry Electric Dryer Hookup
Exterior
Carport Spaces 4
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Waterfront No
View Y/N Yes
View Mountain(s)
Roof Type Asphalt
Present Use Residential
Topography Curb & Gutter, Fenced: Part, Sidewalks, Terrain, Flat, View: Mountain
Parking Type Covered, Parking: Uncovered
Total Parking Spaces 12
Private Pool false
Building
Lot Description Curb & Gutter, Fenced: Part, Sidewalks, View: Mountain
Faces East
Sewer Sewer: Connected
Water Culinary
Structure Type Aluminum
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Academy Park
Middle Schools John F. Kennedy
High Schools Hunter
School District Granite
Others
Senior Community No
Tax ID 21-06-352-017
Acceptable Financing Cash, Conventional, FHA, VA Loan
Horse Property No
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Exchange
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Bought with Equity Real Estate (Advantage)