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Quadruplex

$20,000 reduction

Active

145Days on Market

$789,000

$222/sqft+2.7%/yrHome values in the 84401 zip code have grown an average of 2.7% per year over the last 5 years.

$809,000↓$20,000 (2%)Jul 24

Mountain View

Price history — protected

Price history is available to our clients. Request access and your agent will reach out.

About This Property

I'm interested

Excellent opportunity to own a 4-plex investment property featuring a desirable unit mix of one 1-bedroom unit and three 2-bedroom units. This 4-plex was completely renovated and converted from an office complex in 2020. The renovations included all new flooring, A/C units, water heaters, furnaces, roof, plumbing, electrical, insulation upgraded for safety as well as a brand new fire sprinkler system for all units. Kitchens with granite countertops, custom undermount sinks, and new appliances. Exterior siding was also replaced in 2020 along with installation of an automatic sprinkling system for the yard. Laundry available on the main level. Secured building with keypad entry. Walking distance to schools, parks, and historic 25th street shopping and nightlife. Great investment opportunity. All units currently rented 2 monthly, 2 nightly.

Property Features

Heating

Forced Air,Gas: Central

Flooring

Carpet,Laminate,Tile

Interior Features

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

Exterior Features

Double Pane Windows,Secured Building

Parking

Parking: Uncovered

Unit Breakdown

Type 1

1 bed · 1 bath · Square Feet: 501

$1,200/mo

Type 2

2 bed · 1 bath · Square Feet: 743

$1,250/mo

Type 3

2 bed · 1 bath · Square Feet: 954

$2,540/mo

Type 4

2 bed · 1 bath · Square Feet: 954

$1,475/mo

Total Actual Rent(4 units)

$6,465/mo

Location

Estimated Monthly Payment

$4,476/mo

Down Payment$157,800 (20%)

Principal & Interest$4,002

Property Tax$326/mo

Insurance (est.)$148/mo

Est. Total$4,476/mo

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

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MLS# 2148094• Tax ID: 01-003-0014

Courtesy of Brandon Bexell, RE/MAX Associates · 801-510-4397 · brandonbexell@gmail.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.