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Emily Hayes

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

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3135 S 200 E , South Salt Lake, UT 84115
$1,200,000
Est. Payment: $2,666.67/mo
8 Bed
4 Bath
3328 Sqft
Status: Active | Days on site: 142
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71477 - 63679
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House Description

Don't miss this rare chance to acquire a true legal conforming 4-plex with assumable seller financing at 5.5%. All four units are 2BD/1BA at 832 sq ft each, generating $6,135/month in gross rental income. The seller financing is an all-inclusive trust deed on an existing note amortized over 30 years with a balloon due October 31, 2030 - a qualified buyer with approximately $428,000 down steps directly into the note and locks in below-market financing on day one. The property has been comprehensively updated in the last three years: new roof, new furnaces and A/C units, brand new kitchens with granite countertops and soft-close cabinetry, new appliances and washer/dryers in every unit, new tile bathrooms, new electrical panels, and a full french drain. All four units have separate gas and electric meters, covered carport parking, and full laundry hookups. There is zero deferred maintenance and no capital improvements on the horizon - just clean, stable cash flow in a strong Salt Lake rental market. Always full occupancy. DO NOT DISTURB TENANTS. Make offers subject to inspection. Call listing agent prior to writing offer. Square footage per appraiser measurement - buyer to verify all information.

Highlights

Listed by Joe Pierson , Real Broker, LLC ,

Property Type

Residential

Lot/Acreage
0.18

Year Built

1973

County

Salt Lake

Area

Salt Lake City; So. Salt Lake

Neighborhood

Ten Ac Plat A

School District

Granite

Listing ID

2153631

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:
Floor:Carpet,Laminate
Other:
  • Kitchen:Updated
  • Range/Oven:Free Stdng.
  • Additional:Disposal
Water:Culinary

Exterior Features

Lot:Curb & Gutter,Sidewalks,Sprinkler: Auto-Full,View: Mountain,Drip Irrigation: Auto-Full
Lot Dimensions:0.0x0.0x0.0
Garage Capacity:4
Zoning:5200
Roof:Asphalt
Others:
  • Additional:Double Pane Windows, Entry (Foyer), Lighting, Secured Building, Blt./Standing
Sewer:Sewer: Connected,Sewer: Public
Parking Features:Covered
Principal Interest
$2,667
Taxes
$563

Home Price

$1,200,000

Loan Details

30 yrs
%

Down Payment

20%
$240,000
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:
$2,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,666.67 $562.58 $0.00 $3,229.25
Yearly $32,000.00 $6,751.00 $0.00 $38,751.00
Total $960,000.00 $202,530.00 $0.00 $1,162,530.00

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 (South Salt Lake, 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.