1948 S 700 E Active Save Request In-Person Tour Request Virtual Tour
Salt Lake City,UT 84105
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,890 sqft
Price per Sqft $321
Subdivision Rosedale Add
MLS Listing ID 2063314
Bedrooms 6
Construction Status Blt./Standing
HOA Y/N No
Year Built 1953
Annual Tax Amount $3,553
Lot Size 0.600 Acres
Acres 0.6
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Quadruplex
Property Description
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.
Location
State UT
County Salt Lake
Area Salt Lake City; So. Salt Lake
Zoning Multi-Family
Interior
Interior Features Basement Apartment,Floor Drains,Range: Countertop,Range/Oven: Built-In
Heating Forced Air,Gas: Central,Gas: Stove
Flooring Carpet,Hardwood,Laminate,Tile,Vinyl
Inclusions Dryer, Range, Refrigerator, Satellite Equipment, Storage Shed(s), Washer, Window Coverings, Smart Thermostat(s)
Equipment Storage Shed(s),Window Coverings
Fireplace No
Window Features Blinds
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Awning(s),Barn,Lighting,Patio: Covered,Patio: Open
Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
View Y/N No
Roof Type Asphalt
Present Use Residential
Topography Corner Lot, Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full
Handicap Access Accessible Electrical and Environmental Controls
Porch Covered,Patio: Open
Total Parking Spaces 4
Private Pool No
Building
Lot Description Corner Lot,Curb & Gutter,Road: Paved,Sidewalks,Sprinkler: Auto-Full
Sewer Sewer: Connected
Structure Type Brick,Concrete
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Hawthorne
Middle Schools Nibley Park
High Schools Highland
School District Salt Lake
Others
Senior Community No
Tax ID 16-17-352-006
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan