180 E BAIRD AVE
South Salt Lake, UT 84115
About
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, 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.
Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1962
Sq.Footage
2,400
Features
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.17
-
Lot Size(square feet)
7,405
-
Property Type
Residential
-
Property Sub Type
Quadruplex
-
Architectural Style
Side By Side
Price
-
Sales Price
$775,000
-
Tax Amount
$4,053
-
Zoning
R-1
-
Sq. Footage
2,400
-
Price/SqFt
$322
HOA
-
Association
No
Property Resources
-
Horse Property
NO
School District
-
Elementary School
Granite
-
Middle School
Granite Park
-
High School
Cottonwood
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Sewer
Public Sewer
Schedule
Schedule a Showing
Showing scheduled successfully.
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Location
-
County
Salt Lake
-
Elementary School
Granite
-
Middle School
Granite Park
-
High School
Cottonwood
Listing Courtesy of Christian Bitton, Equity Real Estate (Advantage)
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Damon Luke
President / Real Estate Agent
Call Damon today to schedule a private showing.
Phone (801) 477-7421
Email Damon@OnXrealty.com
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