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$899,000
8 Beds ⋅ 5 Baths ⋅ 2174454 MLS
NO SIGN on the property. Please do not solicit tenants. You may drive by before making an offer and Subject to Inspection. This fully leased all brick 4-plex in South Salt Lake offers a great opportunity for investors looking to grow their portfolio in a PRIME location for rental growth. With easy access to both I-15 and I-80, tenants enjoy seamless commutes across the Salt Lake Valley and up into the canyons for outdoor adventure. Plus, Sugarhouse and Downtown Salt Lake City are just minutes away, offering an abundance of dining, shopping, and entertainment! Each of the four 1,000+ sq ft units features 2 bedrooms, 1.25 bathroom (a vanity in the main bedroom), very open and spacious floor plan and in-unit laundry hookup for maximum tenant convenience. upper level units have a deck area and lower units have a covered patio space. Each unit has a designated covered carport, more open parking space onsite plus a lot of parking spaces on the 200 east. New roof was in year 2011. All units have their own central AC & furnace systems. The front building has a fully fenced shared yard with automatic sprinkler system. Three out of four units have more recent updates such as newer counter-top, newer SPC flooring & newer appliances. All separate power & gas meters, separate water heaters. Whether you're an experienced investor or looking to get started with a great property, this one is hard to beat. With all units currently leased, you can step right into ownership and start generating income immediately - all in one of the fastest-growing areas of Salt Lake County. Subject to cooperation of the 1031 Exchange.

3382 S 200 E, South Salt Lake
$1,200,000
8 Beds ⋅ 4 Baths ⋅ 2153631 MLS
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.

3135 S 200 E, South Salt Lake

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