House Description

Exceptional Four-Plex Investment Opportunity in the Heart of Midvale Don't miss this outstanding opportunity to own a well-maintained four-unit apartment building in the heart of Midvale, offering stable rental income and an unbeatable central location. All four units have been consistently occupied for the past 3 years, making this an ideal turnkey investment for both seasoned and first-time investors. Each spacious unit offers approximately 900 square feet of comfortable living space and features two bedrooms and one full bathroom. Interiors include a combination of carpet, tile, and luxury vinyl flooring, central air conditioning (updated approximately two years ago), washer and dryer hookups, private storage closets, and two dedicated off-street parking spaces per unit. Each apartment also comes equipped with a refrigerator, range, and oven. The furnaces and water heaters have been updated within the last few years, providing added value and peace of mind. NEW ROOF and BLINDS Residents enjoy a welcoming shared outdoor space featuring a fully fenced yard, mature shade trees, lush grass, and a patio area-perfect for relaxing or gathering outdoors. One of this property's greatest advantages is its exceptional location. Conveniently situated just minutes from I-15 and I-215, commuting throughout the Salt Lake Valley is quick and easy. Outdoor enthusiasts will appreciate immediate access to the scenic Jordan River Parkway Trail, offering miles of walking, running, and biking paths. Midvale City Park is just down the street and provides playgrounds, sports fields, picnic areas, and open green space. The property is also close to a wide variety of shopping, dining, and entertainment options, including Fashion Place Mall, Topgolf, Gardner Village, restaurants, grocery stores, coffee shops, and everyday conveniences. Nearby TRAX light rail stations and public transportation make commuting even more accessible. The area is served by schools, medical facilities, fitness centers, and numerous local businesses, enhancing its appeal to long-term tenants. This is a rare opportunity to acquire a strong income-producing property in one of Salt Lake County's most convenient and desirable rental markets. AIRBNB Investment Alert! Positive CASH Flow. Upon request, the Airbnb P&L statement will be made available. ALL THE THREE UNITS ARE FURNISHED! Please contact the listing agent for detailed income and expense information, rent history, and additional property details. Information provided is deemed reliable but is not guaranteed. Buyers and buyers' agents are encouraged to verify all information independently.

Highlights

Listed by Gautam B. Gudaganatti , 801-604-6038 Equity Real Estate (South Valley) , 801-201-1955. Wasatch Front Multiple Listing Service

Property Type

Residential

Lot/Acreage

0.22

Year Built

1977

County

Salt Lake

Area

Murray; Taylorsvl; Midvale

Neighborhood

Tiffany Town Sub

School District

Canyons

Listing ID

2171517

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Payment Breakdown

Principal Interest

$5,577

Taxes

$492

Home Price

$1,120,000

Home Price

Loan Details

30 yrs

6.353%

Interest Rate

Loan Type

Down Payment

20%

$224,000

Down Payment

Down Payment %

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Monthly Price:

$5,576.99

Principal

Taxes