12677 S 1630 W Active

Riverton,UT 84065

$ 899900

7 Beds

4 Baths

2680 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,680 sqft

Price per Sqft $335

Subdivision Greenfield

MLS Listing ID 2022256

Style Side By Side

Bedrooms 7

Year Built 1957

Annual Tax Amount $2,000

Lot Size 0.310 Acres

Property Description

RARE RIVERTON OPPORTUNITY! (2nd Building Units 5,6,7,8) This 4Plex property makes for a wonderful 1031 exchange, owner occupied investment, or a land purchase for surrounding home owners in the area. This has been a families 1031 exchange for 19 years and as such, the tenants have all been kids, friends, and community members in need at reduced rents. This family has used this property as a way to give back into their community and lovingly upkept and maintained it well. Each tenant is month to month and aware that rents will very likely increase. Market rents should be $900-1000 for the 1 bedroom units apx, and $1200-1300 for 2 bedroom units apx. Seller has renovated and updated most units as they have cycled out tenants. All but one bathroom has new counters and shower inserts. All the plumbing and electrical is in working order and fit for intended purposes, and there is no large deferred maintenance to the property. Roof is still under warranty. 2 Units are vacant on purpose for showings and the other 6 units are available with 24-48 hour notice to a buyer with solid interest. Do not knock on units 1,3,4,5,6,7 but 2 and 8 are easy to show and keyboxed with CBS Code. Seller provided great records and you can find those as attachments to the MLS. NOTE: Units are NOT Identical. This building has 3 units that are 2 bedroom, and 1 bathroom and 1 units that are 1 bedroom, 1 bathroom. Seller is preferring to sell this 4 plex with the partnering property 12679 S. 1630 W. Riverton, listed as MLS 2015642

Location

State UT

County Salt Lake

Area Wj; Sj; Rvrton; Herriman; Bingh

Zoning Single-Family

Interior

Heating Forced Air,Gas: Central

Flooring Carpet,Linoleum,Tile

Inclusions Range, Refrigerator

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Double Pane Windows,Lighting,Patio: Open

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

Waterfront No

View Y/N Yes

View Mountain(s)

Roof Type Composition,Tar/Gravel

Building

Lot Description Corner Lot,Curb & Gutter,Fenced: Part,Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Mountain

Sewer Sewer: Connected

Water Culinary,Irrigation: Pressure,Secondary

Structure Type Brick,Cinder Block

New Construction No

Schools

Elementary Schools Riverton

Middle Schools Hidden Valley

High Schools Riverton

School District Jordan

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Trustee

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