Agent Comments
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.
Interior Features
- Heat System: Forced Air, Gas: Central, Gas: Stove
- Floors: Carpet, Hardwood, Laminate, Tile, Vinyl
- Interior: Basement Apartment, Floor Drains, Range: Countertop, Range/Oven: Built-In
Exterior Features
- Parking: Parking: Uncovered
- Siding: Brick, Concrete
- Roof: Asphalt
- Pool: false
- Exterior: Awning(s), Barn, Lighting, Patio: Covered, Patio: Open
Additional Features
- County: Salt Lake
- Property Type: Quadruplex
- Tax Number: 16-17-352-006
- Water/Sewer: Sewer: Connected
- Stories: 0
- Year Built: 1953