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1488 S 400 E #1-4, Salt Lake City, UT 84115

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For Sale

$1,150,000

8 beds • 4 baths • 4 half baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 1979
    Year built

  • 41-50 Years Old
    Age

Explore this Property

Charming Fourplex in Prime Location! Discover this fantastic fourplex nestled in an amazing location right by Liberty Park, with easy access to downtown and Sugarhouse. This property boasts a high rental demand, making it a savvy investment opportunity! All units have been meticulously updated over the past 5-6 years, featuring new carpets, fresh paint, modern appliances, stylish lighting, and renovated bathrooms. Potential for Increased Cash Flow: Current rents are below market rates, offering a significant opportunity to boost your income by adjusting the rent. Tenants handle their own utilities, while the owner covers water, sewer, and garbage services. Each unit is designed in a townhouse style, 2 bedrooms, one bath each complete with a cozy backyard. End units boast larger back and side yards, potentially commanding higher rents. All units are currently tenant-occupied, ensuring immediate rental income. This property is a rare find with its desirable location, modern upgrades, and income potential. Don't miss out on this exceptional investment opportunity! Please Note that there will not be showings without an accepted offer. Thank you!
MLS# 2011561

Listed By CENTURY 21 Harman Realty

Property Features

  • Age
    41-50 Years Old
  • Style
    2 Story

Map and Directions

Directions to 1488 S 400 E #1-4, Salt Lake City, UT 84115

Home seller Meet the Agent,
Lucy Chico

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Lucy Chico

of CENTURY 21 Harman Realty

(801) 427-1374
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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