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Address
474 N 1300 W Salt Lake City, UT
Price
$ 579,000
Property Attributes
  • MLS#1672183
  • TypeContingent
  • CountySALT LAKE
  • CitySalt Lake City
  • AreaSalt Lake City
  • NeighborhoodOakley
  • Zip84116
  • StyleUp And Down
  • Year Built1971
  • Taxes3445
  • Price$ 579,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3360
  • Lot Size11,326 SqFt
Listing Provided Courtesy Of:
Redzone Real Estate
Property Description

There is constant growing demand for safe and affordable housing in Salt Lake City and this cash-flowing 4-plex fills that need. This property has been through a series of renovations over the last few years including custom tile in the kitchens and baths and a new TPO rubber membrane flat roof in the last few years. The property is a perfect set up for this use and includes a BBQ patio area, storage sheds, off-street parking, fully fenced lot and automatic sprinklers. The 2 bed 1 bath units are spacious and include laundry hookups. The two top units are fully leased with great tenants and in really good shape. The two bottom units are currently vacant and ready for renovation and occupancy. Pro-forma figures to fully renovate the bottom two units are $6,500 each based on a recent estimate from a trusted general contractor. The pro-forma rents for these two units post remodel will be $1,200-$1,300 per month. This is a rare residential rental investment opportunity or occupy one unit and pay the mortgage with the other three rental incomes. Professional property management services are currently in place.

High School
West High School
Price History
5/6/2020 Listed $579,000

General Features

Area Salt Lake City; Rose Park
Front Facing W
Heating Forced Air, Gas: Central
Quadrant NW
Roof Asphalt Shingles, Tar/Gravel
School District Salt Lake
Status Backup
Style Up And Down
Subdivision OAKLEY
Terms Cash, Conventional
Units 4
Utilities Gas: Connected, Power: Connected, Sewer: Connected, Sewer: Public, Water: Connected
Water Culinary
Windows Blinds
Year Built 1971
Zoning Multi-Family

Interior Features

Features Interior Range/Oven: Free Stdng.
Flooring Carpet, Tile

Exterior Features

Exterior Brick
Features Exterior Out Buildings, Outdoor Lighting, Porch: Open
Landscape Landscaping: Full
Lot Facts Curb & Gutter, Fenced: Full, Road: Paved, Secluded Yard, Sidewalks, Sprinkler: Auto-Full
Parking Capacity 5

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 84116

Price
AVG $320K
$580K
Taxes
AVG $1,549
$3,445
Visits
AVG 15
6
Year Built
AVG 1952
1971
Walkscore
AVG 51
50
Data Provided by Walkscore ® not using MLS data

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