2540 S 700 E, Millcreek, UT 84106

$890,000
8
BD
4
BA
3,424
SqFt

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List Price
$890,000
Status
ACTIVE
Days on Market
133
MLS#
2166646
Style
Up And Down
Year Built
1975
Bedrooms
8
Bathrooms
4
Living Area
3,424
Lot Size
6,534
Acres
0.15
Subdivision
Plat A
MLS Area Major
Salt Lake City; So. Salt Lake

Property Description

Prime Sugar House FOURPLEX investment opportunity and immense value-add potential! Situated in one of Salt Lake City's most lucrative and high-demand rental pockets, this 4-unit complex offers unbeatable walkability to local boutique shopping, diverse dining options, Sugar House Park, and provides effortless commuting access to Westminster University and the University of Utah. A rare find for the area, this property features a dedicated off-street driveway leading to ample private parking at the back of the building, eliminating any street parking hassle for tenants. Portfolio Expansion: The adjacent duplex directly to the south (2544 S 700 E) is also listed for sale by the same owner, providing a premier opportunity to lock down a multi-building portfolio footprint. This fourplex parcel is being sold as part of a 1031 tax-deferred exchange. Buyer to verify all listing details, current lease terms, utilities, and square footage.

Additional Information

Taxes
$4,338
Property Description
Up And Down
Zoning
Multi-Family
Flooring
Carpet, Vinyl
Heating
Forced Air
Exterior Construction
Brick
Roof
Asphalt
Parking Features
Parking: Uncovered
School District
Salt Lake
Elementary School
Highland Park
Middle School
Hillside
High School
Highland

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Calculator source: Real Geeks

Listing courtesy of TierOne Real Estate LLC.