1330 W 500 N new

Salt Lake City,UT 84116

$ 849900

8 Beds

4 Baths

3600 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $236

Subdivision Oakley Sub

MLS Listing ID 2123560

Style Stories: 2

Bedrooms 8

Construction Status Blt./Standing

HOA Y/N No

Year Built 1961

Annual Tax Amount $3,500

Lot Size 6534.000 Acres

Acres 6534.0

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Quadruplex

Property Description

Discover rare Salt Lake City investment opportunity, 4-unit building in one of downtown's fastest-developing neighborhoods. Fantastic location-walking distance to the Fairgrounds, grocery, schools, and the future Salt Lake Entertainment District. Steps from bus lines, Frontrunner, and TRAX. Three units are occupied by long-term tenants. The fourth has been run as a 30+ day rental and generates nearly double the rent of the long-term units. This unit is fully furnished and turnkey. Each 900 sq ft unit offers 2 bedrooms, 1 bath, in-unit laundry, and multiple storage closets. Shared parking lot plus ample street parking. Mini-split A/C in the 30-day rental; swamp cooler in other upstairs unit. Low maintenance cost, solid income, strong upside, and prime positioning in a high-growth area. Contact agent for full rental figures and details.

Location

State UT

County Salt Lake

Area Salt Lake City; Rose Park

Zoning Multi-Family

Interior

Interior Features Disposal,Kitchen: Updated,Range/Oven: Free Stdng.,Dishwasher: Built-In

Heating Electric,Gas: Central

Flooring Carpet,Laminate,Tile

Inclusions Dryer, Microwave, Refrigerator, Washer, Video Camera(s)

Fireplace No

Exterior

Exterior Feature Awning(s),Basement Entrance,Double Pane Windows,Lighting

Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected

View Y/N Yes

View Mountain(s)

Roof Type Flat

Present Use Residential

Topography Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain

Private Pool No

Building

Lot Description Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Mountain

Faces South

Sewer Sewer: Connected,Sewer: Public

Structure Type Brick,Cinder Block,Concrete

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Backman

Middle Schools Northwest

High Schools West

School District Salt Lake

Others

Senior Community No

Tax ID 08-35-105-015

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