Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1964
Sq.Footage
3,170
Rare opportunity to own an exceptionally well-maintained, one-owner fourplex in a convenient West Valley City location! Offered at an approximate 4.6% cap rate, this custom-built property combines quality Mid-Century construction, a strong rental history, desirable tenant amenities, and significant recent improvements. Situated on a quiet dead-end street, the unit mix includes two 2-bedroom units and two 1-bedroom units. What truly sets this property apart are the features tenants value most: large private yards and patios, oversized individual storage units, garage and covered parking, and a quiet residential setting. The property includes a 2-car garage, 2-car carport, and four storage units. Convenient access to I-215, Hwy 201, Valley Fair Mall, Costco, the Maverik Center, shopping, dining, and downtown West Valley City adds to its strong rental appeal. Historically, the units have been extremely easy to rent with little to no downtime between tenants. The longtime owner has also completed numerous significant improvements, helping reduce near-term capital expenditures. Updates include a newer roof, newer windows and sliding doors, new garage doors, new HVAC system in Unit 2, two new water heaters, nearly all new washers and dryers, updated flooring, new landscaping, gutters, and fresh exterior paint. With an approximate 4.6% cap rate, strong rental history, desirable tenant amenities, extensive improvements, and additional rental upside potential, this is a compelling opportunity for an investor looking for a well-cared-for fourplex in an established and highly accessible location. Showings by appointment only on Saturdays between 10:00 AM and 2:00 PM.
Features & Amenities
Interior
-
Other Interior Features
Vaulted Ceiling(s)
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Brick, Cedar
-
Other Exterior Features
Lighting
-
Parking
Attached, Garage
-
Patio and Porch Features
Covered, Patio, Porch
-
Pool
No
-
Waterfront YN
NO
-
View
Mountain(s)
Area & Lot
-
Lot Features
Cul-De-Sac
-
Lot Size(acres)
0.26
-
Lot Size(square feet)
11,325
-
Property Type
Residential
-
Property Sub Type
Quadruplex
-
Architectural Style
Stories: 1
Price
-
Sales Price
$850,000
-
Tax Amount
$4,966
-
Zoning
R-1-8
-
Sq. Footage
3,170
-
Price/SqFt
$268
HOA
-
Association
No
Property Resources
-
Horse Property
NO
School District
-
Elementary School
Granite
-
Middle School
Eisenhower
-
High School
Granger
Property Features
-
New Construction
NO
-
Accessibility Features
Accessible Doors
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Salt Lake
Elementary School
Granite
Middle School
Eisenhower
High School
Granger
Listing Courtesy of Joel Carson, Utah Real Estate PC
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Principal Broker
Micah Pearson
Call Micah today to schedule a private showing.
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