3135 S 200 E

South Salt Lake, UT 84115
  • $1,200,000

    Price
  • 8

    Bed
  • 4

    Bath
  • 3,328

    SqFt

About the Listing 71477 - 63679

Don't miss this rare chance to acquire a true legal conforming 4-plex with assumable seller financing at 5.5%. All four units are 2BD/1BA at 832 sq ft each, generating $6,135/month in gross rental income. The seller financing is an all-inclusive trust deed on an existing note amortized over 30 years with a balloon due October 31, 2030 - a qualified buyer with approximately $428,000 down steps directly into the note and locks in below-market financing on day one. The property has been comprehensively updated in the last three years: new roof, new furnaces and A/C units, brand new kitchens with granite countertops and soft-close cabinetry, new appliances and washer/dryers in every unit, new tile bathrooms, new electrical panels, and a full french drain. All four units have separate gas and electric meters, covered carport parking, and full laundry hookups. There is zero deferred maintenance and no capital improvements on the horizon - just clean, stable cash flow in a strong Salt Lake rental market. Always full occupancy. DO NOT DISTURB TENANTS. Make offers subject to inspection. Call listing agent prior to writing offer. Square footage per appraiser measurement - buyer to verify all information.

Listing Highlights

Status Active
Days on Site 35
Property Type Residential
MLS ® 2153631
Year Built 1973
Total Square Footage 3,328
Lot/Acreage 0.18
County Salt Lake
Neighborhood Ten Ac Plat A
School District Granite
Elementary School Lincoln
Middle School Granite Park
High School Cottonwood

Interior Details

  • Bedrooms: 8
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Gas: Central
  • Fireplaces:
  • Floor: Carpet,Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Disposal,Kitchen: Updated,Range/Oven: Free Stdng.
  • Water: Culinary

Exterior Details

  • Lot Description: Curb & Gutter,Sidewalks,Sprinkler: Auto-Full,View: Mountain,Drip Irrigation: Auto-Full
  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Lot Dimensions: 0.0x0.0x0.0
  • Zoning: 5200
  • Roof: Asphalt
  • Others: Double Pane Windows,Entry (Foyer),Lighting,Secured Building,Blt./Standing
  • Sewer: Sewer: Connected,Sewer: Public
  • Parking Features: Covered

Financial Details

  • Tax Amount: $6,751
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16-30-326-007
  • Tax Year: N/A

Payment Calculator

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3135 S 200 E South Salt Lake, UT 84115

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Originating MLS: UtahRealEstate.com

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