7879 S Oak St, Midvale, UT 84047

$570,000
4
BD
2
BA
2,011
SqFt

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List Price
$570,000
Status
ACTIVE
MLS#
2157751
Days on Market
147
Price Change
▼ $5,000 1791492355
Year Built
1953
Bedrooms
4
Bathrooms
2
Square Feet
2,011
Parcel Number
21-36-129-004
Acres
0.22
Terms
Cash, Conventional, FHA, VA Loan
County
Salt Lake
Region
Murray; Taylorsvl; Midvale
Subdivision
Res

Property Description

Turnkey Investment or House Hack Opportunity in Prime Location! Maximize your portfolio or offset your mortgage from day one. This exceptional property features an upper-level unit and a completely separate basement apartment, currently generating a combined $3,700 per month ($1,950 upper / $1,750 basement) with brand-new tenants securely in place on fresh 12-month leases. Investment Highlights: Immediate Cash Flow: $3,700/mo gross rental income with reliable, newly placed tenants. Dual-Income Flexibility: Separate exterior entrance to the basement via a dedicated side door allows for complete tenant privacy and dual-leasing operations. Single-Family Conversion Potential: Need a larger single-family home down the road? Easily reconnect both levels by removing a non-structural short wall adjacent to the main-floor laundry room. Turnkey Condition: Fully renovated in 2020, boasting updated dual full kitchens, brand-new interior paint, and fresh carpet throughout both units. Major Capital Improvements: Newer roof and A/C replaced within the last few years, paired with brand-new front and back yard sod for instant curb appeal. (Note: Select listing photos feature virtual staging). Prime Convenience: Situated in an ultra-convenient location just minutes from TRAX, major freeway access, local schools, and shopping centers. Ready to show-schedule your private tour today and secure your next cash-flowing asset!

Additional Information

Taxes
$2,933
Exterior Features
Basement Entrance, Double Pane Windows, Lighting, Patio: Covered, Porch: Open, Secured Building
Interior Features
Alarm: Fire, Alarm: Security, Basement Apartment, Disposal, Kitchen: Second, Kitchen: Updated, Mother-in-Law Apt., Range/Oven: Free Stdng.
Basement
Entrance, Full, Walk-Out Access
Floor
Carpet, Hardwood, Tile
Garage Spaces
1
Heating
Forced Air
Roof
Asphalt
School District
Canyons
Elementary School
Midvale
Middle School
Midvale
High School
Hillcrest
Style
Bungalow/Cottage
Fireplaces
1
Living Area
2,011

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Calculator source: Real Geeks

Listing courtesy of Equity Real Estate.

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