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Listing Courtesy Of: Capital Investment Real Estate LLC, Miranda Robinson

Local Realty Services Provided By: Keller Williams Salt Lake City

Overview

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$1,480,000

1027 E EMERSON AVE S, Salt Lake City, UT 84105

8 Beds

4 Baths

sq ft

$1,480,000

1027 E EMERSON AVE S, Salt Lake City, UT 84105

Estimation provided by Keller Williams Realty Inc.

8 Beds

4 Baths

sq ft

Active

For Sale

Property Description

Show in English

Looking for a high yield investment property to give you those results you're looking for? Did you see those rents? This property even generates parking income. Sitting on a gorgeous corner lot, this recently remodeled, beautifully constructed fourplex will shine to any investor. Located in one of Salt Lake City's most desirable neighborhoods, minutes from downtown, walking distance to the 9th&9th area, dining, schools, parks etc. Each unit contains 2 bedrooms and 1 bathroom. Unit A is stunning with high ceilings, tall windows and so much original character. Range and dishwasher installed 2022. (Microwave & Electric fireplace owned by tenant) Unit B is upstairs and boasts beautiful mountain views. Range & fridge installed 2023. Unit C was fully remodeled in 2024 and is a townhome style unit. It includes granite countertops, custom tile work, updated bathroom, new cabinetry, new appliances, new flooring and carpet. Unit D contains a newly updated bathroom and kitchen, new carpets and floors installed 2023, with a beautiful electric wall mounted fireplace. Community shared laundry on site. (Could add coin operated to increase income) Tenants share giant storage shed on site. 1 parking spot for each unit, and 4 additional parking spots that are currently being leased. Full financials and pro forma available. Make your offer today! All information, including square footage figures, are provided as a courtesy estimate only. Buyer is advised to obtain independent details & measurements

Property Details

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Overview

Property Type

Quadruplex

Property Size

sq ft

Year Built

1909

Days on Site

34 Days

HVAC

Electric, Gas: Radiant

Parking

8 Parking Spaces

Danielle Lonardo at Keller Williams Utah Realtors

Danielle Lonardo

Keller Williams Utah Realtors

10987957-SA00

(801) 574-8523

(801) 858-3100

danielle@mountainstatehomes.com

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Purchase Price: $1,480,000

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Price & Tax History

Date

Event

Price

02/25/2025

Listed

$1,480,000

Year

Property Tax

Assessed Value

Assessed Value is a combination of the land and additions.

2023

$1,095

(+1,426.75%)

$143,400

Land 143,400

2021

$71.69

(-7.14%)

$145,400

Land 145,400

2019

$77.2

(-98.05%)

$5,940

No Breakdown Available

2017

$3,957

(+5,228.69%)

$547,800

Land 178,400 + Additions 369,400

2016

$74.25

$10,800

Land 10,800

The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.