Great investment opportunity to own a fourplex that provides easy access to downtown, sugarhouse and recreation.The property is currently fully leased with recent rent increases. Act swiftly as this fourplex is certain to attract investors. All appliances owned by the landlord are included.
Property Details
Property Features
Property Information:
Architectural Style: Side By Side
Year Built: 1961
Stories: 0
Living Area: 3,180 SqFt
Listing Office:
Office Name: Summit Sotheby's International Realty
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,546
$558,800
2020
$3,546
$290,015
2019
$3,058
$295,295
2017
$3,158
$403,100
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,032
Per Month
Principal & Interest
$5,965
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,649
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Hawthorne School
1675 S 600 E
Distance between this listing and this school0.91 miles
Public District Grades KG-6
6
/10
Whittier School
1600 S 300 E
Distance between this listing and this school1.23 miles
Public District Grades PK-6
5
/10
Woodrow Wilson Elementary School
2567 S Main St
Distance between this listing and this school1.25 miles
Public District Grades KG-5
Nearby Schools
5
/10
Nibley Park School
2785 S 800 E
Distance between this listing and this school0.80 miles
Public District Grades PK-8
2
/10
Granite Park Junior High School
3031 S 200 E
Distance between this listing and this school1.47 miles
Public District Grades 6-8
7
/10
Clayton Middle School
1470 S 1900 E
Distance between this listing and this school1.94 miles
Public District Grades 7-8
Nearby Schools
3
/10
Utah Connections Academy
675 E 2100 S
Distance between this listing and this school0.41 miles
Public Charter Grades KG-12
4
/10
Highland High School
2166 S 1700 E
Distance between this listing and this school1.27 miles
Public District Grades 9-12
5
/10
Innovations High School
1700 S State St
Distance between this listing and this school1.33 miles
The neighbors living near this home have an average income of $47,669. The majority of Salt Lake City, UT residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 2271 S 800 E in Salt Lake City, UT and zip code 84106 in the Fairmont neighborhood. This 3,180 square foot home, which was built in 1961, sits on a 0.18 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $1,195,000.
Between September 2024 and October 2024, Salt Lake City, UT real estate market has seen increase in the number of listings by 43%. While the average time on the market in October 2024 was 73 days, the median list price was $599,158.
From Rocket Homes Real Estate and based on county public records data.