Description
This is a great opportunity to own a well-maintained fourplex in the southeast quadrant of Salt Lake County. Featuring four 950 SF units, all with the same floorplan (two bed, 1 bath, 1 laundry, 1 kitchen, water heater, furnace). There are 12 parking spaces (6 tandem stalls) for tenants to use. Each unit includes a small shed. Newer membrane roof (2017). Unit 1 (front top unit): $1200/mo, lease expires end of August 2023. Unit 2 (font bottom unit): $1100/mo, lease expires end of August 2023. Unit 3 (rear top unit): $1200/mo, lease expires end of July 2023 (Landlord is renewing lease for one year at $1,200/mo. Unit 4 (rear bottom unit): $1,400/mo, lease expires end of February 1, 2024. Rents are all below market. Each unit has been updated recently with various solid surface flooring, newer paint, updated bathrooms, and/or kitchens depending on the unit. Vinyl double pane windows (2016). NO showings prior to going under contract, DO NOT disturb tenants. Contact listing agents for additional pictures of each unit; the pictures are current and were taken on 6-28-22. DO NOT disturb tenants. The pictures are current of each unit and depict their current condition. Inspection/tour can be arranged after property is put under contract. Seller will be performing a 1031 exchange.
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8BEDS
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0.21ACRES
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4BATHS
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01/2 BATHS
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3,800SQFT
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$289$/SQFT
School Information
Description
This is a great opportunity to own a well-maintained fourplex in the southeast quadrant of Salt Lake County. Featuring four 950 SF units, all with the same floorplan (two bed, 1 bath, 1 laundry, 1 kitchen, water heater, furnace). There are 12 parking spaces (6 tandem stalls) for tenants to use. Each unit includes a small shed. Newer membrane roof (2017). Unit 1 (front top unit): $1200/mo, lease expires end of August 2023. Unit 2 (font bottom unit): $1100/mo, lease expires end of August 2023. Unit 3 (rear top unit): $1200/mo, lease expires end of July 2023 (Landlord is renewing lease for one year at $1,200/mo. Unit 4 (rear bottom unit): $1,400/mo, lease expires end of February 1, 2024. Rents are all below market. Each unit has been updated recently with various solid surface flooring, newer paint, updated bathrooms, and/or kitchens depending on the unit. Vinyl double pane windows (2016). NO showings prior to going under contract, DO NOT disturb tenants. Contact listing agents for additional pictures of each unit; the pictures are current and were taken on 6-28-22. DO NOT disturb tenants. The pictures are current of each unit and depict their current condition. Inspection/tour can be arranged after property is put under contract. Seller will be performing a 1031 exchange.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-05-31T23:40:51.96. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.