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Shane Wilde

shane.wilde@engelvoelkers.com +1(801) 682-3344

$ 874,999

Est. payment -/mo

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Active

1871 W LAKE PARK DR S West Valley City, UT 84119

8 Beds

4 Baths

3,374 SqFt

UPDATED:

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

Listed by Knowlton Real Estate

Shane Wilde

Advisor

+1(801) 682-3344

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