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Quadruplex

Active

6Days on Market

$799,000

$333/sqft+2.6%/yrHome values in the 84115 zip code have grown an average of 2.6% per year over the last 5 years.

Price history — protected

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About This Property

I'm interested

Tucked quietly within a walkable street in South Salt Lake, this fourplex places residents close to freeway access, Nibley Golf Course, and a great mix of dining options, all while keeping that low-key neighborhood feel. Inside, three of the four units have already been refreshed with newer appliances, countertops, and cabinets, and recent updates across the property include new lighting and plumbing fixtures (this is the kind of behind-the-scenes work that's sure to save you money at some point). Each unit is about 600 sq feet and has an open, easy flow, with laundry hookups.. Tenants have access to off-street, uncovered parking for each unit. This one's turnkey now, with plenty of room to add value over time.

Property Features

Heating

Forced Air,Gas: Central

Flooring

Hardwood,Tile

Laundry

Electric Dryer Hookup

Interior Features

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

Exterior Features

Double Pane Windows

Parking

Parking: Uncovered

Unit Breakdown

Type 1

1 bed · 1 bath · Square Feet: 600

$995/mo

Type 2

1 bed · 1 bath · Square Feet: 600

$1,100/mo

Type 3

1 bed · 1 bath · Square Feet: 600

$995/mo

Type 4

1 bed · 1 bath · Square Feet: 600

$995/mo

Total Actual Rent(4 units)

$4,085/mo

Location

Estimated Monthly Payment

$4,540/mo

Down Payment$159,800 (20%)

Principal & Interest$4,052

Property Tax$338/mo

Insurance (est.)$150/mo

Est. Total$4,540/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

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MLS# 2180057• Tax ID: 16-19-359-011

Courtesy of Ross Brookham, Homeworks Property Lab, LLC · 801-657-0206 · ross@homeworks.group

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.