$1,200,000

Quadruplex In South Salt Lake

  • 8 Beds
  • 4 Baths
  • 3,328 Sqft
  • 7,841 Sqft lot
  • Updated: April 28
  • Source:
    UtahRealEstate (Wasatch Front)  MLS#2153631

About the Property

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 dire
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.
  • Property type

    Other

  • Year built

    1973

  • Price/sqft

    $360

Features

  • Renovated
  • Investment Property
  • Air Conditioning
  • Stone Countertops
  • Parking
  • Washer Dryer

Explore the Area

3135 S 200 E, Salt Lake City, Utah, United States View on Google Maps
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Real Broker, LLC - Cottonwood Heights

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Real Broker, LLC - Cottonwood Heights
Utah, United States
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154
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2025
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Real Broker, LLC - Cottonwood Heights
Cottonwood Heights, Utah, United States
View agency profile
Last updated
April 28
First listed
Apr 28
Listing reference
2153631
Listing status
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