Keller Williams Utah Realtors - Danielle Lonardo
1/20
Listing Courtesy Of: Real Broker, LLC, Johnny Harris
Local Realty Services Provided By: Keller Williams Salt Lake City
Overview
What It'll Cost
Neighborhood
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$1,250,000
1948 S 700 E, Salt Lake City, UT 84105
6 Beds
4 Baths
3,890 sq ft
.6 ac
$1,250,000

1948 S 700 E, Salt Lake City, UT 84105

Estimation provided by Keller Williams Realty Inc.
6 Beds
4 Baths
3,890 sq ft
.6 ac
Active
For Sale

Property Description

Prime Investment Opportunity in the Heart of Salt Lake City! Don't miss this well-maintained fourplex at 1948-1954 S 700 E, offering excellent rental income potential in a highly desirable location. The property features two spacious 2-bed, 1-bath units (1,100 sq. ft. each) upstairs, renting for $1,500/month, and two cozy 1-bed, 1-bath units (950 sq. ft. each) downstairs, renting for $1,000/month. Each unit has access to two shared laundry areas, adding to tenant convenience. This property has had long-term renters, with rents unchanged for the past 10 years-presenting a significant opportunity for future income growth. Situated on a rare double-sized lot in Sugar House, it is within walking distance to Westminster College and close to public transportation, shopping, and dining. Enjoy stunning mountain views and a prime location in one of Salt Lake City's most sought-after neighborhoods

Property Details

Compare This Home
Overview
Property Type
Quadruplex
Property Size
3,890 sq ft
Year Built
1953
Days on Site
45 Days
HVAC
Forced Air, Gas: Central, Gas: Stove
Parking
4 Parking Spaces
Danielle Lonardo at Keller Williams Utah Realtors
Keller Williams Utah Realtors
10987957-SA00

Activity History

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Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Purchase Price: $1,250,000
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Price & Tax History

Date
Event
Price
02/18/2025
Price Decrease
$1,250,000
(-3.85%)
01/07/2025
Listed
$1,300,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$3,259
(-3.18%)
$372,955
Land 95,315 + Additions 277,640
2021
$3,366
(+4.15%)
$619,200
Land 163,400 + Additions 455,800
2019
$3,232
(+30.34%)
$266,530
No Breakdown Available
2016
$2,479
$347,900
Land 83,000 + Additions 264,900
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.

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Car-Dependent Walkable Very Walkable
Danielle Lonardo at Keller Williams Utah Realtors
Keller Williams Utah Realtors
10987957-SA00

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