Description
DO NOT DISTRUB TENANTS Welcome to this classic all-brick traditional 4-plex, strategically located close to shopping, transit, and a thriving community. This property presents a unique opportunity for both owner-occupiers and savvy investors alike. With tremendous potential for improvement, this four-unit gem can be your canvas for future investment success. For those looking to reside on the property, this fourplex offers an ideal arrangement. You can live in one unit while gradually renovating the others as they become vacant. This allows you to tailor each unit to your preferences and needs, all while benefiting from rental income. Investors will appreciate the significant upside potential this property offers. The current rental rates are below market value, allowing for substantial rent increases. With a strategic approach to improvements, you can maximize your returns by upgrading a few units at a time while maintaining a steady rental income from the others. Please note that the current tenants are in place, and their privacy and comfort must be respected. Do not disturb the tenants. One unit can be arranged for a showing, but it's crucial to maintain discretion, as the residents are unaware of the sale. Kindly refrain from knocking or disturbing them during your visit. Buyer is responsible for verifying all property information, including square footage, income potential, and any other relevant details. We are here to provide you with the necessary resources to make an informed decision. Don't miss this opportunity to own a fourplex with fantastic potential in a prime location. Whether you're an aspiring owner-occupier or a seasoned investor, this property offers a solid foundation for your real estate aspirations.
-
8BEDS
-
0.22ACRES
-
4BATHS
-
01/2 BATHS
-
3,200SQFT
-
$250$/SQFT
School Information
Description
DO NOT DISTRUB TENANTS Welcome to this classic all-brick traditional 4-plex, strategically located close to shopping, transit, and a thriving community. This property presents a unique opportunity for both owner-occupiers and savvy investors alike. With tremendous potential for improvement, this four-unit gem can be your canvas for future investment success. For those looking to reside on the property, this fourplex offers an ideal arrangement. You can live in one unit while gradually renovating the others as they become vacant. This allows you to tailor each unit to your preferences and needs, all while benefiting from rental income. Investors will appreciate the significant upside potential this property offers. The current rental rates are below market value, allowing for substantial rent increases. With a strategic approach to improvements, you can maximize your returns by upgrading a few units at a time while maintaining a steady rental income from the others. Please note that the current tenants are in place, and their privacy and comfort must be respected. Do not disturb the tenants. One unit can be arranged for a showing, but it's crucial to maintain discretion, as the residents are unaware of the sale. Kindly refrain from knocking or disturbing them during your visit. Buyer is responsible for verifying all property information, including square footage, income potential, and any other relevant details. We are here to provide you with the necessary resources to make an informed decision. Don't miss this opportunity to own a fourplex with fantastic potential in a prime location. Whether you're an aspiring owner-occupier or a seasoned investor, this property offers a solid foundation for your real estate aspirations.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-12-02T23:39:41.723. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.