Description
Rare opportunity to own a Fourplex in the coveted 9th and 9th district. The property is currently 100% occupied and has gross rents of $72,780/yr with potential to raise rents to market and boost returns. Unit 1 lease ends 7/31/22, Unit 2 ends 7/31/22, Unit 3 ends 11/30/22, Unit 4 ends 7/31/22. It is incredibly easy to rent and is in walking distance to several restaurants, coffee shops, shops, and parks. Both water heaters for the building were replaced in 2021 and each unit has been updated within the past 3-5 years. All four unit have their own electrical meter that is paid for by the tenants. There is one Gas meter that is for the water heaters that the owner pays for. There is also a shared laundry room in the basement. Measurements are given as a courtesy and Buyer is advised to obtain an independent measurement. Owner/agent.
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9BEDS
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0.18ACRES
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5BATHS
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01/2 BATHS
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5,175SQFT
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$241$/SQFT
School Information
Description
Rare opportunity to own a Fourplex in the coveted 9th and 9th district. The property is currently 100% occupied and has gross rents of $72,780/yr with potential to raise rents to market and boost returns. Unit 1 lease ends 7/31/22, Unit 2 ends 7/31/22, Unit 3 ends 11/30/22, Unit 4 ends 7/31/22. It is incredibly easy to rent and is in walking distance to several restaurants, coffee shops, shops, and parks. Both water heaters for the building were replaced in 2021 and each unit has been updated within the past 3-5 years. All four unit have their own electrical meter that is paid for by the tenants. There is one Gas meter that is for the water heaters that the owner pays for. There is also a shared laundry room in the basement. Measurements are given as a courtesy and Buyer is advised to obtain an independent measurement. Owner/agent.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-05-28T23:37:47.743. 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 should be independently reviewed and verified for accuracy. 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. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.