180 E Baird Ave, South Salt Lake, UT 84115

$775,000
4
BD
4
BA
2,432
SqFt

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List Price
$775,000
Status
COMING SOON
MLS#
2188566
Days on Market
1
Year Built
1962
Bedrooms
4
Bathrooms
4
Square Feet
2,432
Parcel Number
16-31-176-015
Acres
0.17
Terms
Cash, Conventional, VA Loan
County
Salt Lake
Region
Salt Lake City; So. Salt Lake

Property Description

Great investment opportunity! This well-cared-for property offers an excellent opportunity for an investor looking to build or expand a rental portfolio. Even better, this property is part of a larger offering that includes three duplexes and a fourplex. That's 10 total units that can be purchased together. For an owner-occupant, this can be a great way to become a property owner while having other tenants help offset the mortgage payment. Rents are Low, because they are occupied by long-term stable tenants! Each unit is currently rented for $1,000 per month. Market rent is $1,450 per month per unit, giving a Gross Rent Multiplier of 134 and a CAP Rate of 9. Whether you're looking for a single investment property or interested in acquiring the entire 10-unit portfolio, this is an opportunity worth exploring. See MLS #2188578 for 791 E Whitemaple Way, #2188570 for 3751 S Redmaple Rd, and #2188573 for 1324 E 4170 S. Call Agent for Showing Appointments. Do not disturb tenants!

Additional Information

Taxes
$4,053
Exterior Features
Double Pane Windows
Interior Features
Disposal
Floor
Carpet
Heating
Forced Air
Roof
Asphalt
School District
Granite
Elementary School
Lincoln
Middle School
Granite Park
High School
Cottonwood
Style
Side By Side
Living Area
2,432

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Equity Real Estate (Advantage).

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