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,… Read More 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! Great condition. Metal roof, newer kitchens and windows. 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! Square footage figures are provided as a courtesy estimate only and were obtained from attached sketch. Buyer is advised to obtain an independent measurement. Read Less
Courtesy of Christian Bitton, Equity Real Estate (Advantage) 801-917-5597
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Beds
4
Square Ft.
2,432
Lot Size
0.17 Acres
Year Built
1962
MLS Number
2188566
Additional Details
Property Access
Accessibility Features: Single Level Living
Building
Architectural Style: Side By Side, Building Area Total: 2432, Living Area: 2432, Living Area Units: Square Feet, Year Built: 1962