Active

1488 S 400 E #1-4

Salt Lake City UT, 84115

$1,149,500


$290.28 per sqft

Active

8 Beds

8 Baths

3,960 sqft

Multi-family

Built in 1979

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!

2011561

MLS ID

June 25, 2024

Listed

October 8, 2024

Updated

Map

1488 S 400 E #1-4
Salt Lake City UT, 84115

Interior Features

Total Stories

0


Bedrooms

8


Total Bathrooms

8


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.22 Acres


Architectual Style

Side By Side

School Information

School District

Salt Lake


High School

East


Elementary School

Hawthorne

Other Property Details

Area Name

Salt Lake City; So. Salt Lake


Taxes

$6,097


Tax Frequency

Annually


Days on Market

85


Garage

No


Parking Total

0


View

No


County

Salt Lake


Pool

No

Listing History

Date

Event

Price

10/8/2024

Price change

$1,149,500

-1%

10/2/2024

Price change

$1,149,800

-1%

9/17/2024

Price change

$1,149,900

-1%

8/12/2024

Price change

$1,149,950

0%

7/25/2024

Price change

$1,149,900

-1%

Courtesy of Century 21 Harman Realty

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10:58 PM UTC, 10/8/2024. 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.

©2024 Wasatch Front Regional MLS, Inc. All rights reserved.

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