1488 S 400 E #1-4
Salt Lake City, Utah 84115, United States

MLS#: 2011561

$1,150,000 USD

Type
Multi Family
Bedrooms
8
Bathrooms
8
The details

Property features

Date Updated: Nov 13, 2024

Key features

2 stories

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!

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Location

1488 S 400 E #1-4, Salt Lake City, Utah 84115, United States
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