Property Facts Property Features Schools 71 days on UtahRealEstate.com

Property Facts

Days on URE 71
Status ACTIVE
MLS# 1993162
Type Fourplex
Style Up And Down
Year Built 1942

Discover this exceptional 4-plex nestled in a prime location just moments from downtown. Situated a mere three blocks east of the city center temple, this property offers unparalleled convenience to the heart of the city's vibrant attractions and amenities. Perfectly positioned near the UVX Bus Stop, commuting is a breeze for residents. Boasting a remarkable gross rental income exceeding $60,000 per year, this investment opportunity is truly lucrative. The 4-plex features two shared laundry rooms for added convenience, two covered parking spots for tenants' vehicles, and multiple large storage areas. With the potential to increase rent for long-term tenants, this property presents an enticing prospect for savvy investors looking to maximize returns in an unbeatable downtown location. New roof installed 6 years ago. There have been many other updates, such as new appliances, new and/or refinished floors, new paint, new lights, and a new water heater all within the past 5 years. The exterior paint is peeling in spots, but the metal siding is in great shape and just needs to be power washed and repainted. Seller is offering $10,000 concession to allow buyer to refinish the exterior (quote was under $8k). SHARED GAS/ELECTRIC METERS FOR THE FRONT TWO UNITS & THE BACK TWO UNITS. SHARED LAUNDRY FOR THE FRONT TWO UNITS & THE BACK TWO UNITS.

Property Features

Interior Features Include

  • Alarm: Fire
  • Basement Apartment
  • Dishwasher: Built-In
  • Range/Oven: Built-In
  • Heating: Gas: Central; Space Heater

Exterior Features Include

  • Features: Basement Entrance; Outdoor Lighting
  • Lot: Fenced: Part; Road: Paved; Sidewalks; View: Mountain
  • Landscape: Mature Trees; Pines; Vegetable Garden
  • Roof: Aluminum; Asphalt Shingles
  • Exterior: Aluminum
  • Garage/Parking: Detached
  • Garage Capacity: 2

Other Features Include

  • Amenities: Electric Dryer Hookup
  • Water: Culinary
  • Utilities: Gas: Available; Gas: Connected; Power: Connected; Sewer: Connected; Water: Connected

Totals

  • Total Units: 4
  • Tot SQ Ft: 4,716
  • Tot Bedrooms: 8
  • Tot Bthrooms: 4
  • Acres (Lot): 0.18

Buyer's Brokerage Compensation

2.0% - The listing broker's offer of compensation is made only to participants of UtahRealEstate.com.


Unit Configuration

Unit 1

  • A/C Elec: 1
  • Gas Meters: 1
  • Elec Meters: 1
  • Dishwashers: 1
  • Oven Ranges: 1
  • Refrigerators: 1
  • Square Ft.: 2
  • Bedrooms: 4
  • Full Baths: 1
  • Family Rooms: 1
  • Kitchens: 1
  • Laundry: 1
  • Fireplaces: 1
  • Uncovered Parking: 1
  • Storage Units: 1
  • Rent: $1,760

Unit 2

  • A/C Elec: 1
  • Dishwashers: 1
  • Oven Ranges: 1
  • Refrigerators: 1
  • Bedrooms: 1
  • Full Baths: 1
  • Family Rooms: 1
  • Kitchens: 1
  • Uncovered Parking: 1
  • Rent: $1,275

Unit 3

  • A/C Elec: 1
  • Gas Meters: 1
  • Elec Meters: 1
  • Oven Ranges: 1
  • Refrigerators: 1
  • Bedrooms: 1
  • Full Baths: 1
  • Family Rooms: 1
  • Formal Living Rms: 1
  • Kitchens: 1
  • Laundry: 1
  • Covered Parking: 1
  • Rent: $820

Unit 4

  • A/C Elec: 1
  • Oven Ranges: 1
  • Refrigerators: 1
  • Bedrooms: 2
  • Full Baths: 1
  • Family Rooms: 1
  • Kitchens: 1
  • Laundry: 1
  • Fireplaces: 1
  • Covered Parking: 1
  • Rent: $1,175

Schools

Designated Schools

Elementary School Provo Peaks
Middle School Centennial
High School Timpview
School District Provo

Nearby Schools

School data provided by GreatSchools.

For information about radon testing for homes in the state of Utah click here.

Contact Agent

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Listing Broker

KW South Valley Keller Williams Company Logo
KW South Valley Keller Williams
4020 W Daybreak Parkway
Suite 210
South Jordan, UT 84009
801-676-5700

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