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Key Details
Sold Price $1,844,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,664 sqft
Price per Sqft $503
Subdivision Flagstaff Farming Plat
MLS Listing ID 2009995
Sold Date 12/03/24
Style Stories: 2
Bedrooms 8
Construction Status Blt./Standing
HOA Y/N No
Year Built 1972
Annual Tax Amount $8,088
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 0.0x0.0x0.0
Property Description
Great Investment Opportunity to acquire 8 units located in Sandy, UT for $1,850,000 ($925,000 each). Two Four-Plexes right by each other in Sandy. Sandy has been regarded as one of the best cities to live in not only Utah, but the country. It also has been voted as one of the safest cities in America. Both Fourplex properties were built in 1972 and are each on a 0.17-acre lot. With all the units being recently renovated in the last seven years and other recent maintenance, these properties are turnkey allowing the next investor to capture future rent growth without any upfront cost. These units have always been occupied other than when the owner chose to renovate. All Units have been renovated in the last seven years just as tenants have moved in and out. All units are 2 Bed 1 Bath units around 916 sq ft with Washer/ Dryer Hookups. These have been self-managed and have been very well cared for. The property gives residents an urban lifestyle in one of Utah's most desirable locations. *Square footage figures are provided as a courtesy estimate only. The buyer is advised to obtain an independent measurement. Please do not bother tenants as units are occupied.
Location
State UT
County Salt Lake
Area Sandy; Draper; Granite; Wht Cty
Zoning Multi-Family
Interior
Heating Gas: Central
Fireplace false
Window Features Blinds
Exterior
Exterior Feature Deck; Covered, Patio: Open
Carport Spaces 4
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
View Y/N No
Roof Type Flat,Membrane
Present Use Residential
Topography Sprinkler: Auto-Full
Porch Patio: Open
Total Parking Spaces 4
Private Pool false
Building
Lot Description Sprinkler: Auto-Full
Faces West
Sewer Sewer: Connected, Sewer: Public
Water Culinary
Structure Type Brick
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Sandy
Middle Schools Union
High Schools Jordan
School District Canyons
Others
Senior Community No
Tax ID 28-06-228-009
Horse Property No
Financing Conventional
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Bought with Presidio Real Estate (River Heights)
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Kelli Stoneman
Broker Associate | License ID: 5656390-AB00
Broker Associate License ID: 5656390-AB00