438 E Garfield Ave S, Salt Lake City

$650,000

6 Beds
4 Baths
2,352 Sqft
.15 Acre
0 Garage

**Under Appraised Value. Don't miss the opportunity to own an incredible multifamily property! This legal side-by-side duplex is a prime investment in a sought-after location, with potential for an additional ADU in the spacious backyard. Both units have long-term tenants on month-to-month leases (14-20 years), offering significant upside potential for rent increases, or the option to live in one unit and rent the other. Each unit has a separate side door leading directly to the stairwell for easy access to either level. Features include: - Separate gas, power, meters for each unit, Individual laundry rooms, separate furnaces, water heaters, garage/storage unit and A/C units (one new as of June 2024). Units have updated electrical, plumbing, and basement double-paned vinyl windows. Conveniently located with easy access to downtown, Sugar House, universities, mountains, restaurants, shopping, freeways, and the airport, ensuring a hassle-free commute. Both units are currently occupied. Showings are available with 24 hour tenant notice. * Please do not disturb tenants.

Essential Information
MLS® #2012477
Price$650,000
Bedrooms6
Bathrooms4.00
Square Footage2,352
Acres0.15
Year Built1930
TypeResidential
Sub-TypeDuplex
StyleSide By Side
StatusBackup
Community Information
Address438 E Garfield Ave S
AreaSalt Lake City; So. Salt Lake
SubdivisionEAST WATERLOO
CitySalt Lake City
CountySalt Lake
StateUT
Zip Code84115
Utilities

Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected

Interior
HeatingForced Air,Gas: Central
Interior

Carpet,Hardwood,Laminate,Linoleum,Tile

Interior Features

Disposal,Range/Oven: Free Stdng.

Exterior
WindowsBlinds,Part
RoofAsphalt
ConstructionBrick
Exterior Features

See Remarks,Double Pane Windows,Out Buildings

Lot Description

Fenced: Part,Sidewalks,Sprinkler: Auto-Full

School Information
DistrictGranite
ElementaryWhittier
MiddleEvergreen
HighGranger
Additional Information
Date ListedJuly 19th, 2024
Days on Market30
ZoningMulti-Family
Listing Details
AgentElaine Andreasen
OfficeRealtypath LLC (Prestige)
Contact Details801-386-5908
Property History
Price Increased from $635,000 to $650,000
Price Reduced from $650,000 to $635,000
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