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$ 1,148,900
Est. payment /mo
Active
1488 S 400 E #1-4 Salt Lake City, UT 84115
8 Beds
8 Baths
3,960 SqFt
UPDATED:
12/16/2024 07:27 PM
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 showings are available on Wednesdays from 5:00 PM -8:00 PM. and on the first and 3rd Saturdays of every month from 10 am-12 pm with at least 24 Hrs advanced Notice Thank you!
Location
State UT
County Salt Lake
Area Salt Lake City; So. Salt Lake
Interior
Fireplace No
Exterior
View Y/N No
Present Use Residential
Private Pool No
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
Listed by Century 21 Harman Realty