576 W Tiffany Town Dr S, Midvale

$1,095,000

8 Beds
8 Baths
4,334 Sqft
¼ Acre
0 Garage

**Over $150,000.00 in total annual gross rents!** This remodeled Quad-plex is being sold with it's sister building adjacent to it MLS # 2018818. Both buildings have had 100% occupancy rates. Potential 7%+ CAP Rate with rent increases. All of the units have been renovated and include individual fenced yards. The large common area is also fenced with a long private drive lane behind the complex for secure parking. These are some of the nicest units in the area and the private yards, large common area, and secluded parking have been a major draw for highly qualified tenants. The premises has two security cameras that been monitored via a phone app. The majority of tenants have been in these units for years with annual rent increases. There is still room for additional rent increases at lease renewal. Plenty of common area space to add storage sheds for additional income. This complex has a quaint, friendly feeling to it and the tenants have all been happy and love living here. These quad-plexes are a phenomenal value and are very low maintenance. The rent rolls, copy of leases, and tenant summaries are available upon request. **Preferred lender incentives are also being offered. Call the listing agent for more details.**

Essential Information
MLS® #2018818
Price$1,095,000
Bedrooms8
Bathrooms8.00
Square Footage4,334
Acres0.25
Year Built1977
TypeResidential
Sub-TypeQuadruplex
StyleStories: 2
StatusActive
Community Information
Address576 W Tiffany Town Dr S
AreaMurray; Taylorsvl; Midvale
CityMidvale
CountySalt Lake
StateUT
Zip Code84047
Amenities
ViewMountain(s)
Utilities

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

Interior
InteriorCarpet
HeatingForced Air,Gas: Central
Interior Features

Disposal,Kitchen: Updated,Range/Oven: Free Stdng.,Dishwasher: Built-In,Video Camera(s)

Exterior
WindowsBlinds
RoofAsphalt,Pitched
ConstructionBrick
Lot Description

Cul-De-Sac,Curb & Gutter,Fenced: Full,Sidewalks,Sprinkler: Auto-Full,View: Mountain

School Information
DistrictCanyons
ElementaryCopperview
MiddleMidvale
HighHillcrest
Additional Information
Date ListedAugust 22nd, 2024
Days on Market1
ZoningMulti-Family
Listing Details
AgentJeffrey Callahan
OfficeEquity Real Estate
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