1680 S 700 W $650,000

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    1680 S 700 W Salt Lake City, UT 84104

    Active Under Contract
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    • 7 Beds
    • 4 Baths
    • 4,225 sq. ft.
    • Multi-Family
    • MLS# 1709725
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    Views: 3 Days On Site: 173

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    Property Details

    Amazing income-producing property at a 5.93% CAP Rate! Check out this great 4-plex, This is a legal non-conforming 4-Plex that is located within a manufacturing district. It is located close to I-15, and is 4 minutes out of downtown. Please do not disrupt tenants. Income stated here is actual monthly income for each unit, not projected. It is suggested to drive by the property first before scheduling a showing. Seller must accompany all showings. All information is provided as a courtesy. Buyer/Buyers agent to verify all info.

    • General Features
      • Association Fee 0
      • Construction Status Blt./Standing
      • County Or Parish Salt Lake
      • New Construction Y/N No
      • Number Of Units Total 4
      • Open Parking Y/N Yes
      • Property Sub Type Quadruplex
      • Senior Community Y/N No
      • Subdivision Name PLAT B, BIG FIELD
      • Tax Annual Amount 3428.0
      • View Y/N No
      • Waterfront Y/N No
      • Year Built 1909
    • Building Features
      • Architectural Style Up And Down
      • Attached Garage Y/N No
      • Full Bathrooms 0
      • Half Bathrooms 0
      • Building Area Total 4225.0
      • Cooling Y/N No
      • Exterior Features Porch: Open
      • Fireplaces Total 0
      • Flooring Carpet, Laminate, Tile
      • Garage Spaces 0
      • Garage Y/N Yes
      • Heating Forced Air,Gas: Central
      • Heating Y/N Yes
      • Living Area 4225.0
      • Living Area Units Square feet
      • Main Level Bedrooms 0
      • Patio And Porch Features Porch: Open
      • Roof Asphalt
      • Stories Total 0
      • Three-Qtr Bathrooms 0
    • Property Features
      • Carport Spaces 0
      • Carport Y/N No
      • Covered Spaces 0
      • Lot Size Acres 0.19
      • Lot Size Dimensions 0.0x0.0x0.0
      • Lot Size Square Feet 8276.4
      • Lot Size Units Acres
      • Parking Features Parking: Uncovered
      • Parking Total 0
      • Pool Private Y/N No
      • Sewer Sewer: Connected, Sewer: Public
      • Utilities Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
    • Schools
      • Elementary School Riley
      • High School East
      • High School District Salt Lake
      • Middle Or Junior School Glendale

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    Neighborhood

    84104 (Salt Lake City) Demographics

    27 Median Age
    1,213 Population Density (per sq. mile)
    22% College Educated
    $38,636 Estimated Median Income
    3,653 Estimated Total Home Owners
    3,935 Estimated Total Renters
    48% / 52% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    25,750 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    26 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $650,000
        3/17/2021 9:41:07 AM Status Changed Source New Value: Active Under Contract
        2/2/2021 3:12:00 PM Status Changed Source New Value: Active
        1/29/2021 10:11:40 AM Status Changed Source New Value: Pending
        1/21/2021 5:11:49 PM Price Reduced Source New Value: $650,000 -9.72%
        12/31/2020 12:31:49 PM Status Changed Source New Value: Active
        12/30/2020 10:31:54 AM Status Changed Source New Value: Backup
        10/28/2020 9:32:00 AM New in Database Source New Value: $720,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        The data relating to real estate for sale on this Web site comes in part from the Internet Data Exchange (IDX) program of the Wasatch Front Regional Multiple Listing Service, Inc. The information on this website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2021 Wasatch Front Regional Multiple Listing Service, Inc. All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.