1948 S 700 E, Salt Lake City UT, 84105

Active

1948 S 700 E

Salt Lake City UT, 84105

$1,250,000

$321.34 per sqft

Active

6 Beds

4 Baths

3,890 sqft

Multi-family

Built in 1953

Prime Investment Opportunity in the Heart of Salt Lake City! Don't miss this well-maintained fourplex at 1948-1954 S 700 E, offering excellent rental income potential in a highly desirable location. The property features two spacious 2-bed, 1-bath units (1,100 sq. ft. each) upstairs, renting for $1,500/month, and two cozy 1-bed, 1-bath units (950 sq. ft. each) downstairs, renting for $1,000/month. Each unit has access to two shared laundry areas, adding to tenant convenience. This property has had long-term renters, with rents unchanged for the past 10 years-presenting a significant opportunity for future income growth. Situated on a rare double-sized lot in Sugar House, it is within walking distance to Westminster College and close to public transportation, shopping, and dining. Enjoy stunning mountain views and a prime location in one of Salt Lake City's most sought-after neighborhoods.

2063314

MLSⓇ ID

January 7, 2025

Listed

February 18, 2025

Updated

Interior Features

Total Stories: 0
Bedrooms: 6
Total Bathrooms: 4
Interior Features: Basement Apartment, Floor Drains, Range: Countertop, Range/Oven: Built-In
Laundry Description: Electric Dryer Hookup
Floor Description: Carpet, Hardwood, Laminate, Tile, Vinyl
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Forced Air, Gas: Central, Gas: Stove

Exterior/Building Features

Lot Size: 0.6 Acres
Exterior Features: Awning(s), Barn, Lighting, Patio: Covered, Patio: Open
Lot Features: Corner Lot, Curb Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full
Roof: Asphalt
Sewer: Sewer: Connected
Patio And Porch: Covered, Patio: Open
Window: Blinds

School Information

School District: Salt Lake
High School: Highland
Elementary School: Hawthorne

Other Property Details

Area Name: Salt Lake City; So. Salt Lake
Taxes: $3,553
Tax Frequency: Annually
Days on Market: 11
Accessibility: Accessible Electrical and Environmental Controls
Garage: No
Parking: Parking: Uncovered
Parking Total: 4
View: No
County: Salt Lake
Pool: No
Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Zoning: Multi-Family

Listing History

Date	Event	Price
2/18/2025	Price change	$1,250,000 -4%

Courtesy of Real Broker, LLC

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 5:18 PM UTC, 2/18/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor James Roth shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.