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Dao Ly

dao@lrgcollective.com +1(801) 341-9092

$ 1,200,000

Est. payment -/mo

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922 S LAKE ST E Salt Lake City, UT 84105

8 Beds

4 Baths

3,208 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,208 sqft

Price per Sqft $374

Subdivision Hamptons Sub

MLS Listing ID 2193277

Style Stories: 1

Bedrooms 8

Construction Status Blt./Standing

HOA Y/N No

Year Built 1962

Annual Tax Amount $6,311

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Quadruplex

Property Description

Rare Investment Opportunity in Salt Lake City's Highly Desirable 9th & 9th Neighborhood! Don't miss this exceptional opportunity to own a well-maintained, extensively updated side-by-side fourplex in one of Salt Lake City's most sought-after rental locations. Offering excellent income and cash-flow potential, this property combines a prime location, spacious floor plans, numerous improvements, and low-maintenance features that make it an ideal investment. Your tenants will love this vibrant, walkable neighborhood, where Liberty Park, the popular 9th & 9th district, Smith's grocery store, coffee shops, restaurants, boutique shopping, and public transportation are all just steps away. The unbeatable central location also provides convenient access to the University of Utah, Westminster University, Sugar House, downtown Salt Lake City, and the Salt Lake International Airport. All four generously sized units offer approximately 802 square feet each, with the same functional and inviting floor plan with two bedrooms, a full bathroom, a spacious living room or flexible living space, and separate front and rear entrances. Each unit also includes newer duoble pane windows, a kitchen with a range/oven, refrigerator, dishwasher, pantry, dining area, ample closet space, and connections for a full-size washer and dryer. Numerous improvements add value and minimize the immediate maintenance and capital improvement needs often associated with purchasing investment properties. Units 1, 2, and 4 have updated bathrooms and kitchens with new granite countertops and appliances, while Units 1 and 4 also boast newer furnaces. All four apartments have newer central air conditioning units. The durable brick exterior, separate gas and electric meters, low-maintenance yard, new vinyl fence and automatic sprinkler system make this property especially practical to own and manage. Another standout feature is the convenient alley access from Lake Street and 700 East, leading to off-street parking beneath a four-car carport. Five additional storage closets and a separate storage shed provide valuable extra storage for tenants and property management. This exceptional fourplex truly has it all: a premium location, excellent condition, thoughtful updates, and strong income producing potential! Whether you're expanding an established real estate portfolio, completing a 1031 exchange or looking for your first multifamily investment, this property offers an outstanding opportunity to own a desirable rental property in the heart of Salt Lake City.

Location

State UT

County Salt Lake

Area Salt Lake City; So. Salt Lake

Zoning Multi-Family

Interior

Interior Features Disposal, Range/Oven: Free Stdng., Granite Countertops, Dishwasher: Built-In

Heating Forced Air, Gas: Central

Flooring Carpet, Linoleum, Tile

Fireplace No

Window Features Blinds,Drapes,Full

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Double Pane Windows, Porch: Open

Carport Spaces 4

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

View Y/N No

Roof Type Asphalt

Present Use Residential

Topography Sidewalks, Sprinkler: Auto-Full, Terrain, Flat

Porch Porch: Open

Total Parking Spaces 4

Private Pool No

Building

Lot Description Sidewalks, Sprinkler: Auto-Full

Faces South

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Architectural Style Stories: 1

Structure Type Brick

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 16-08-155-017

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.utahrealestate.com/report/display/report/photo/listno/2193277/type/2/pub/0

Listed by Windermere Real Estate

Dao Ly

Attorney & Principal Broker License ID: 9389384-PB00

+1(801) 341-9092 | dao@lrgcollective.com

Dao Ly

922 S LAKE ST E Salt Lake City, UT 84105

Key Details

Location

Interior

Exterior

Building

Schools

Others

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922 S LAKE ST E