1488 S 400 E #1-4 Salt Lake City, Utah 84115, United States
The Multi Family House for Sale located at 1488 S 400 E #1-4 Salt Lake City Utah 84115 with 8 bedrooms, 8 bathrooms, 2 stories is currently for Sale, 1488 S 400 E #1-4 Salt Lake City Utah 84115 is listed for $1,150,000. If the property located at 1488 S 400 E #1-4 Salt Lake City Utah 84115 isn't what you're looking for, search Utah Real Estate to see other Homes for Sale in Salt Lake City .
MLS#: 2011561
$1,150,000 USD
- Type
- Multi Family
- Bedrooms
- 8
- Bathrooms
- 8
Property features
Key features
Construction details
- Year built
- 1979
- Style
- 2 stories
Area
- Bedrooms
- 8
- Bathrooms
- 8
- Total rooms
- 16
Description
Charming Fourplex in Prime Location! Discover this fantastic fourplex nestled in an amazing location right by Liberty Park, with easy access to downtown and Sugarhouse. This property boasts a high rental demand, making it a savvy investment opportunity! All units have been meticulously updated over the past 5-6 years, featuring new carpets, fresh paint, modern appliances, stylish lighting, and renovated bathrooms. Potential for Increased Cash Flow: Current rents are below market rates, offering a significant opportunity to boost your income by adjusting the rent. Tenants handle their own utilities, while the owner covers water, sewer, and garbage services. Each unit is designed in a townhouse style, 2 bedrooms, one bath each complete with a cozy backyard. End units boast larger back and side yards, potentially commanding higher rents. All units are currently tenant-occupied, ensuring immediate rental income. This property is a rare find with its desirable location, modern upgrades, and income potential. Don't miss out on this exceptional investment opportunity! Please Note that there will not be showings without an accepted offer. Thank you!