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Emily Hayes

CEO Emily Hayes Homes | Emily Hayes Homes | Keller Williams | PLACE

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538 N Colorado St , Salt Lake City, UT 84116
$699,000
Est. Payment: $1,553.33/mo
4 Bed
4 Bath
2650 Sqft
Status: Active | Days on site: 13
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70985 - 97035
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Great opportunity to own a fourplex on a residential street in a quiet Salt Lake County neighborhood. Two of the four units have been recently updated, with additional opportunity to increase rents and improve the property's overall income potential. Located within 10 minutes of Downtown Salt Lake City with convenient access to the airport, the location creates strong rental demand and helps make these units easy to rent. Priced to sell and currently one of the most affordable fourplexes in Salt Lake County, this is a great opportunity for an investor looking to add a solid multifamily asset with plenty of upside to their portfolio.
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Highlights

Listed by Jaden Connor , 435-994-4530 Rockwood & Company LLC , 801-809-5347.

Property Type

Residential
Lot/Acreage
0.16

Year Built

1951

County

Salt Lake

Area

Salt Lake City; Rose Park

 Neighborhood

Oakley

 School District

Salt Lake

Listing ID

2183166

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:
Other:
  • ▪ Range/Oven:Free Stdng.
Water:Culinary

Exterior Features

Lot:Curb & Gutter,Sidewalks,Sprinkler: Auto-Part,Wooded
Lot Dimensions:0.0x0.0x0.0
Garage Capacity:4
Zoning:R17000
Roof:Asphalt
Others:
  • ▪ Porch:Open
  • ▪ Additional:Blt./Standing
Sewer:Sewer: Connected,Sewer: Public
Parking Features:Parking: Uncovered
Principal Interest
$1,553
Taxes
$139

Home Price

$699,000

Loan Details

30 yrs
%

Down Payment

20%
$139,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,553.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,553.33 $139.00 $0.00 $1,692.33
Yearly $18,640.00 $1,668.00 $0.00 $20,308.00
Total $559,200.00 $50,040.00 $0.00 $609,240.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Salt Lake City, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.