1244 W Arapahoe Ave S, Salt Lake City

$629,000

Price Reduced
8 Beds
4 Baths
4,322 Sqft
.16 Acres
0 Garages

DO NOT DISTURB THE TENANTS, PLEASE! "No showings. Offers subject to inspection.Great income-producing fourplex property located on 84104. About 100% occupancy throughout the year, very easy to find and keep tenants. Approximately 4300 Sq feet. Separate metered gas and electric. Washer and dryer hookups in all units. New flooring and cabinets in August for unit 1. new flooring being installed this month in another unit. New flooring installed 2018 in another unit. 4th unit flooring installed in 2010 is still in good condition. Never vacant for more than one month after move out. Current rents at 3435, room for increase. Close to shopping, downtown, freeway. Nice parking spaces. Property in good condition for rental. Contact listing agent for the net operating income, Utility expenses, insurance, Maintenance, License, cap rate information. Refrigerators and ranges are included. 2 ranges purchased in 2017. 1 refrigerator was purchased in September of this year. 4 boilers built-in 2010. Roof replaced 2012. The whole sewer line was replaced in Feb 2018. Current rents = 3430/month. The 2 West units are month to month and could be raised. The West upper unit he is currently at $845. The West lower unit is currently at $785. The East units are currently rented at $915 and $885.

Essential Information
MLS® #1643093
Price$629,000
Bedrooms8
Bathrooms4.00
Square Footage4,322
Acres0.16
Year Built1955
TypeMulti-Unit
Sub-TypeFourplex
StyleUp And Down
StatusActive
Community Information
Address1244 W Arapahoe Ave S
AreaSalt Lake City; Rose Park
CitySalt Lake City
CountySalt Lake
StateUT
Zip Code84104
Amenities
Parking Spaces4
Amenities

Laundry: Hookups, Cable Tv Available, Cable Tv Wired, Home Warranty

Utilities

Gas: Connected, Power: Connected, Sewer: Connected, Water: Connected, Gas: Not Connected

Features

Microwave, Range, Refrigerator, Washer

Interior
HeatingHydronic
Has BasementYes
Interior Features

Alarm: Fire, Kitchen: Second, Alarm: Security, Range/Oven: Built-In, Basement Apartment

Exterior
ExteriorBrick
Exterior FeaturesWalkout, Basement Entrance
WindowsBlinds
RoofAsphalt Shingles
Lot Description

Sidewalks, Terrain: Flat, View: Mountain, Corner Lot, Curb & Gutter, Road: Paved

School Information
DistrictSalt Lake
ElementaryFranklin
MiddleGlendale
HighEast
Additional Information
Date ListedNovember 19th, 2019
Days on Market134
ZoningMulti-Family
Listing Details
OfficeEquity Real Estate - Advantage
Property History
Price Reduced from $630,000 to $629,000
Price Reduced from $642,000 to $630,000
Price Reduced from $643,000 to $642,000
Price Reduced from $644,000 to $643,000
Price Reduced from $644,500 to $644,000
Show All History (8)
LISTING MAP

Get directions to this property:

Terms Of Use

Information deemed reliable but not guaranteed accurate. Buyer to verify all information.

The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2020 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.

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.


Listing information last updated on April 2nd, 2020 at 4:05am MDT.