180 E BAIRD AVE, South Salt Lake, UT 84115
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$ 775,000
Est. payment | /mo

4 Beds

4 Baths

2,432 SqFt


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$ 775,000
Est. payment | /mo
Save

4 Beds

4 Baths

2,432 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,432 sqft

Price per Sqft $318

MLS Listing ID 2188566

Style Side By Side

Bedrooms 4

Construction Status Blt./Standing

HOA Y/N No

Year Built 1962

Annual Tax Amount $4,053

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Quadruplex

Property Description

Great investment opportunity! This well-cared-for property offers an excellent opportunity for an investor looking to build or expand a rental portfolio. Even better, this property is part of a larger offering that includes three duplexes and a fourplex. That's 10 total units that can be purchased together. For an owner-occupant, this can be a great way to become a property owner while having other tenants help offset the mortgage payment. Rents are Low, because they are occupied by long-term stable tenants! Each unit is currently rented for $1,000 per month. Market rent is $1,450 per month per unit, giving a Gross Rent Multiplier of 134 and a CAP Rate of 9. Whether you're looking for a single investment property or interested in acquiring the entire 10-unit portfolio, this is an opportunity worth exploring. See MLS #2188578 for 791 E Whitemaple Way, #2188570 for 3751 S Redmaple Rd, and #2188573 for 1324 E 4170 S. Call Agent for Showing Appointments. Do not disturb tenants!

Location

State UT

County Salt Lake

Area Salt Lake City; So. Salt Lake

Zoning Multi-Family

Interior

Interior Features Disposal

Heating Forced Air

Flooring Carpet

Inclusions Ceiling Fan, Microwave, Range, Range Hood, Refrigerator

Fireplace No

Window Features Blinds

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Double Pane Windows

Carport Spaces 4

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

View Y/N No

Roof Type Asphalt

Present Use Residential

Topography Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat

Handicap Access Single Level Living

Total Parking Spaces 12

Private Pool No

Building

Lot Description Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Full

Faces North

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Architectural Style Side By Side

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Lincoln

Middle Schools Granite Park

High Schools Cottonwood

School District Granite

Others

Senior Community No

Tax ID 16-31-176-015

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Listed by Equity Real Estate (Advantage)

Nearby Locations

GET MORE INFORMATION

Stephanie Hudson
Stephanie Hudson

Agent License ID: 11026926-SA00

+1(801) 580-1844 | stephanie@bestutahproperty.com

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180 E BAIRD AVE