Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1973
Sq.Footage
3,328
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.
Features & Amenities
Interior
-
Total Bedrooms
8
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Other Exterior Features
Lighting
-
Parking
Covered
-
Pool
No
-
Waterfront YN
NO
-
View
Mountain(s)
Area & Lot
-
Lot Size(acres)
0.18
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Up And Down
Price
-
Sales Price
$1,200,000
-
Tax Amount
$6,751
-
Zoning
5200
-
Sq. Footage
3, 328
-
Price/SqFt
$360
HOA
-
Association
No
School District
-
Elementary School
Granite
-
Middle School
Granite Park
-
High School
Cottonwood
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Salt Lake
Elementary School
Granite
Middle School
Granite Park
High School
Cottonwood
Listing Courtesy of Joe Pierson , Real Broker, LLC
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Rusty Dog
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