1871 W LAKE PARK DR S Active Save Request In-Person Tour Request Virtual Tour
West Valley City,UT 84119
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,374 sqft
Price per Sqft $259
Subdivision Lake Park
MLS Listing ID 2073164
Style Up And Down
Bedrooms 8
Construction Status Blt./Standing
HOA Y/N No
Year Built 1974
Annual Tax Amount $4,073
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Quadruplex
Property Description
Turnkey Fourplex Opportunity in West Valley Long-Term Tenants + Value-Add Upside. This fourplex in the heart of West Valley offers stable cash flow and room to grow. With most tenants in place for over six years, you'll benefit from reliable, long-term occupancy right out of the gate. The current owner has taken a conservative approach with modest rent increases over time-leaving $200$300/month per unit in potential upside for the next owner. One unit is already leased at market rate, two are on month-to-month, and one has recently renewed, giving you flexibility to reposition rents as leases turn over.. **Please respect the privacy of tenants - do not disturb.**
Location
State UT
County Salt Lake
Area Magna; Taylrsvl; Wvc; Slc
Zoning Multi-Family
Interior
Heating Forced Air,Gas: Central
Flooring Carpet,Tile
Inclusions Range, Range Hood, Refrigerator
Fireplace No
Exterior
Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
View Y/N No
Roof Type Asphalt
Present Use Residential
Total Parking Spaces 8
Private Pool No
Building
Faces North
Sewer Sewer: Connected,Sewer: Public
Water Culinary
Structure Type Brick
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Redwood
Middle Schools Granite Park
High Schools Granger
School District Granite
Others
Senior Community No
Tax ID 15-22-331-002
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan