Midvale, a charming suburb located in Salt Lake County, Utah, is known for its convenient location and excellent amenities. If you are in the market for a new home or investment property, look no further than this recently listed 4-plex in Midvale.
Situated in a prime location, this 4-plex offers easy access to freeways, parks, schools, and shopping centers. Whether you are commuting to work or enjoying a day out with your family, everything you need is just a stone’s throw away.
One of the most appealing aspects of this property is the extensive updates that have been completed in recent years. The plumbing and electrical systems have been upgraded in each unit, ensuring that residents enjoy a safe and modern living environment. Additionally, the main sewer line from the building to the street has been replaced, providing peace of mind to both the owner and tenants.
The roof, only seven years old, offers protection from the elements and promises years of worry-free living. Furthermore, all windows and doors were replaced just three years ago, improving energy efficiency and enhancing the overall aesthetic appeal of the building.
Inside each unit, newer appliances have been installed, making daily chores a breeze. Three out of the four units boast new flooring and fresh paint, creating a clean and inviting atmosphere for residents. These updates add significant value to the property and make it an attractive choice for potential buyers or tenants.
Each unit is individually metered with gas and electric meters, providing convenience and flexibility for both the owner and tenants. Unit 1 includes a washer and dryer that belong to the owner, but there is also the potential to install a washer and dryer in the utility room. This additional feature could be coin-operated, generating revenue for the property and adding value for residents.
Unit 1 and Unit 2 are equipped with gas furnaces, providing efficient heating during the colder months. Unit 1 also benefits from central AC, ensuring comfort all year round. Unit 2, on the other hand, features a gas furnace and a mini-split system for cooling. Unit 3, located in the basement, stays fairly cool naturally, although it does not have AC. Lastly, Unit 4 utilizes electrical heaters for heating and the tenant has their own portable AC unit.
Parking for residents is conveniently located in the rear of the building, ensuring that tenants have easy access to their vehicles. Additionally, there is a fifth gas meter that services the water heaters, and the owner covers the cost of one gas meter for hot water, as well as water, sewer, and trash services. Each tenant has their own garbage cans, promoting cleanliness and organization.
If you have any questions or are interested in viewing this exceptional property, do not hesitate to contact the agent today. This updated 4-plex in Midvale offers a fantastic opportunity for both homeowners and investors. Don’t miss out on this chance to own a property that is centrally located, well-maintained, and truly provides value for both the owner and residents.
284 W CENTER ST, Midvale, UT 84047