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1064 E 500 S

Salt Lake City, UT 84102
  • $1,099,000
  • STATUS: Active Under Contract
  • ON SITE: 57 Days
  • ID#: 1951614
Under Contract
UPDATED: 24 min ago
$1,099,000
  • 7
    BEDS
  • 0.29
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,601
    SQFT
  • $305
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1948
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

High Occupancy 4-Plex Opportunity near University of Utah & Downtown. 100% Occupied. Conveniently positioned near the University of Utah and the vibrant heart of downtown. Great investment potential. Please respect the privacy of the tenants, and no showings will be scheduled before an accepted offer is in place. Property Highlights: The property features an boiler system that delivers radiant heat via baseboard heaters. Shared Yard & Ample Parking, good sized shared yard at the rear of the property. The property also offers ample parking in the open space as well as an accesory garage structure. Complementing the rental income potential, a detached 4-car garage and an on-site coin-operated laundry room offer additional revenue streams. Future development potential. Buyers are encouraged to verify the details with the SLC Planning and Zoning department. Additional Information: Seller-Provided Information: All information provided by the seller is deemed accurate, and buyers and their representatives are encouraged to verify all details independently. Prime investment property near the University of Utah and downtown, poised for remarkable growth and income potential. Act swiftly as this 4-Plex is a standout in its category and is certain to attract savvy investors. This property may also be sold as a package with MLS#1951615

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-12-07T23:39:17.5. 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.
www.lancegrouphomes.com/homes/144293743
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1064 E 500 S Salt Lake City, UT 84102

  • Price: $1,099,000
  • Status: Active Under Contract
  • On Site: 57 Days
  • Updated: 24 min ago
  • ID#: 1951614
7
Beds
4
Baths
0
½ Baths
0.29
Acres
3,601
SQFT
$305
$/SQFT
1948
Built
Neighborhood:
Salt Lake City Surve
County:
Salt Lake
Area:
Salt Lake City; So. Salt Lake
Elementary School:
Bennion (M Lynn)
Middle School:
Bryant
High School:
East
School District:
Salt Lake
Property Description
High Occupancy 4-Plex Opportunity near University of Utah & Downtown. 100% Occupied. Conveniently positioned near the University of Utah and the vibrant heart of downtown. Great investment potential. Please respect the privacy of the tenants, and no showings will be scheduled before an accepted offer is in place. Property Highlights: The property features an boiler system that delivers radiant heat via baseboard heaters. Shared Yard & Ample Parking, good sized shared yard at the rear of the property. The property also offers ample parking in the open space as well as an accesory garage structure. Complementing the rental income potential, a detached 4-car garage and an on-site coin-operated laundry room offer additional revenue streams. Future development potential. Buyers are encouraged to verify the details with the SLC Planning and Zoning department. Additional Information: Seller-Provided Information: All information provided by the seller is deemed accurate, and buyers and their representatives are encouraged to verify all details independently. Prime investment property near the University of Utah and downtown, poised for remarkable growth and income potential. Act swiftly as this 4-Plex is a standout in its category and is certain to attract savvy investors. This property may also be sold as a package with MLS#1951615
Exterior Features

Architectural Style Up And Down Attached Garage YN No Carport YN No Construction Materials Brick Construction Status Blt./Standing Covered Spaces 4 Frontage Length 0.0 Garage YN Yes Horse Property YN No Lot Features Sprinkler: Auto-FullView: Mountain Lot Size Dimensions 0.0x0.0x0.0 Mobile Length 0 Mobile Width 0 Open Parking YN No Parking Total 4 Pool Private YN No Roof Asphalt RVParking Dimensions 0.00 Spa YN No Topography Sprinkler: Auto-FullTerrainFlatView: Mountain Vegetation Landscaping: Full View Mountain(s) View YN Yes Waterfront YN No

Interior Features

Bathrooms Partial 0 Bathrooms Total 4 Building Area Total 3601 Cooling YN No Fireplace YN No Flooring Laminate Heating Hot Water Heating YN True Interior Features DisposalRange/Oven: Free Stdng. Rooms Total 0 Window Features BlindsPart

Property Features

Association YN No Cross Street 500 Current Use Residential Direction Faces North Inclusions RangeRefrigerator Irrigation Water Rights Acres 0 Lease Considered YN No Listing Terms CashConventional New Construction YN No Property Attached YN No Property Condition Blt./Standing Property Sub Type Quadruplex Senior Community YN No Sewer Sewer: ConnectedSewer: Public Tax Annual Amount 6864 Utilities Natural Gas ConnectedElectricity ConnectedSewer ConnectedSewer: PublicWater Connected Water Source Culinary Zoning Multi-Family Zoning Description RMF-30

Listing provided courtesy of Investment Realty Advisors Llc: 435-485-7070. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2023 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-12-07T23:39:17.5. 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.
 
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