Homes for sale - 1027 E EMERSON AVE S, Salt Lake City, UT 84105

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eileen@distinctionrealtygroup.com +1(801) 891-1084

$ 1,480,000

Est. payment | -/mo

8 Beds

4 Baths

4,642 SqFt

Save

$ 1,480,000

Est. payment | -/mo

Save

8 Beds

4 Baths

4,642 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,642 sqft

Price per Sqft $318

Subdivision Thomas Sub

MLS Listing ID 2066485

Style Stories: 2

Bedrooms 8

Construction Status Blt./Standing

HOA Y/N No

Year Built 1909

Annual Tax Amount $5,191

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Quadruplex

Property Description

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! Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

Location

State UT

County Salt Lake

Area Salt Lake City; So. Salt Lake

Zoning Multi-Family

Interior

Interior Features Basement Apartment, Disposal, Oven: Gas, Range: Gas, Granite Countertops, Dishwasher: Built-In

Heating Electric, Gas: Radiant

Flooring Carpet, Tile, Vinyl

Inclusions Dryer, Microwave, Range, Refrigerator, Washer

Fireplace No

Window Features Blinds

Exterior

Exterior Feature Basement Entrance, Deck; Covered

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

View Y/N Yes

View Mountain(s)

Roof Type Tile

Present Use Residential

Topography Corner Lot, Fenced: Part, Sidewalks, Terrain, Flat, View: Mountain

Total Parking Spaces 8

Private Pool No

Building

Lot Description Corner Lot, Fenced: Part, Sidewalks, View: Mountain

Faces South

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Structure Type Brick,Stone

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Emerson

Middle Schools Clayton

High Schools East

School District Salt Lake

Others

Senior Community No

Tax ID 16-17-202-046

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Capital Investment Real Estate LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(801) 891-1084

eileen@distinctionrealtygroup.com

11240 S River Hights Dr, South Jordan, Utah, 84095, USA

1027 E EMERSON AVE S Salt Lake City, UT 84105