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Quadruplex

Active

68Days on Market

$890,000

$260/sqft+2.9%/yrHome values in the 84106 zip code have grown an average of 2.9% per year over the last 5 years.

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About This Property

I'm interested

Prime Sugar House FOURPLEX investment opportunity and immense value-add potential! Situated in one of Salt Lake City's most lucrative and high-demand rental pockets, this 4-unit complex offers unbeatable walkability to local boutique shopping, diverse dining options, Sugar House Park, and provides effortless commuting access to Westminster University and the University of Utah. A rare find for the area, this property features a dedicated off-street driveway leading to ample private parking at the back of the building, eliminating any street parking hassle for tenants. Portfolio Expansion: The adjacent duplex directly to the south (2544 S 700 E) is also listed for sale by the same owner, providing a premier opportunity to lock down a multi-building portfolio footprint. This fourplex parcel is being sold as part of a 1031 tax-deferred exchange. Buyer to verify all listing details, current lease terms, utilities, and square footage.

Property Features

Heating

Forced Air

Flooring

Carpet,Vinyl

Laundry

Electric Dryer Hookup

Parking

Parking: Uncovered

Unit Breakdown

Type 1

2 bed · 1 bath · Square Feet: 856

$1,100/mo

Type 2

2 bed · 1 bath · Square Feet: 856

$1,320/mo

Type 3

2 bed · 1 bath · Square Feet: 856

$1,195/mo

Type 4

2 bed · 1 bath · Square Feet: 856

$998/mo

Total Actual Rent(4 units)

$4,613/mo

Location

Estimated Monthly Payment

$5,043/mo

Down Payment$178,000 (20%)

Principal & Interest$4,514

Property Tax$362/mo

Insurance (est.)$167/mo

Est. Total$5,043/mo

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

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MLS# 2166646• Tax ID: 16-20-303-007

Courtesy of Silvia T. Salguero-Huerta, TierOne Real Estate LLC · 435-602-9937 · silvia@tieronere.com

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.