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Utah Realty Group

utrealtygroup@gmail.com +1(801) 809-2640

$ 1,200,000

Est. payment | -/mo

8 Beds

4 Baths

3,328 SqFt

Save

$ 1,200,000

Est. payment | -/mo

Save

8 Beds

4 Baths

3,328 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,328 sqft

Price per Sqft $360

Subdivision Ten Ac Plat A

MLS Listing ID 2153631

Style Up And Down

Bedrooms 8

Construction Status Blt./Standing

HOA Y/N No

Year Built 1973

Annual Tax Amount $6,751

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Quadruplex

Property Description

Don't miss this rare chance to acquire a true legal conforming 4-plex with assumable seller financing at 5.5%. All four units are 2BD/1BA at 832 sq ft each, generating $6,135/month in gross rental income. The seller financing is an all-inclusive trust deed on an existing note amortized over 30 years with a balloon due October 31, 2030 - a qualified buyer with approximately $428,000 down steps directly into the note and locks in below-market financing on day one. The property has been comprehensively updated in the last three years: new roof, new furnaces and A/C units, brand new kitchens with granite countertops and soft-close cabinetry, new appliances and washer/dryers in every unit, new tile bathrooms, new electrical panels, and a full french drain. All four units have separate gas and electric meters, covered carport parking, and full laundry hookups. There is zero deferred maintenance and no capital improvements on the horizon - just clean, stable cash flow in a strong Salt Lake rental market. Always full occupancy. DO NOT DISTURB TENANTS. Make offers subject to inspection. Call listing agent prior to writing offer. Square footage per appraiser measurement - buyer to verify all information.

Location

State UT

County Salt Lake

Area Salt Lake City; So. Salt Lake

Zoning Single-Family

Interior

Interior Features Disposal, Kitchen: Updated, Range/Oven: Free Stdng.

Heating Forced Air, Gas: Central

Flooring Carpet, Laminate

Fireplace No

Window Features Blinds

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Double Pane Windows, Entry (Foyer), Lighting, Secured Building

Carport Spaces 4

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

View Y/N Yes

View Mountain(s)

Roof Type Asphalt

Present Use Residential

Topography Curb & Gutter, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain, Drip Irrigation: Auto-Full

Total Parking Spaces 4

Private Pool No

Building

Lot Description Curb & Gutter, Sidewalks, Sprinkler: Auto-Full, View: Mountain, Drip Irrigation: Auto-Full

Faces West

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Architectural Style Up And Down

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Lincoln

Middle Schools Granite Park

High Schools Cottonwood

School District Granite

Others

Senior Community No

Tax ID 16-30-326-007

Acceptable Financing Cash, Conventional, FHA, Seller Finance, VA Loan

Listing Terms Cash, Conventional, FHA, Seller Finance, VA Loan

Listed by Real Broker, LLC

Nearby Locations

+1(801) 809-2640

utrealtygroup@gmail.com

6975 Union Park Ave. Suite 600, Cottonwood Heights, UT 84047

3135 S 200 E South Salt Lake, UT 84115

Utah Realty Group

Key Details

Location

Interior

Exterior

Building

Schools

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