Address
507 E ACOMA RD Midvale, UT
Price
$ 624,900
Property Attributes
  • MLS#1769736
  • TypeMulti-Family
  • CountySALT LAKE
  • CityMidvale
  • AreaMurray
  • NeighborhoodCENTENNIAL ESTATES #
  • Zip84047
  • StyleSide By Side
  • Year Built1978
  • Taxes$ 3328
  • Price$ 624,900
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3328
  • Lot Size11,326 SqFt
Listing Provided Courtesy Of:
Stonebrook Real Estate
Data Source:
Wasatch Front Regional MLS (WFRMLS) - 183 - UT
Property Description

SALE FAILED; BUYER UNABLE TO PERFORM! Very low vacancy rate. There is a possibility of making this a non-conforming 4-plex. Making this a 4-plex increases your cashflow pretty significantly. Based on a similar property that has done this you could get close to the $1,195 for each unit. Times that by 4 and you're sitting at $4,780 in gross income. Whereas right now it is $3,300. Property does need some updating to get these kind of rental rates. Great area close to everything. Fence to be replaced in November. Make offers subject to inspection. Units will not be shown until offer is accepted. PLEASE DO NOT DISTURB THE TENANTS. No interior pictures available

Elementary School Middle School High School
East Midvale Midvale Middle School Hillcrest High School
Price History
9/18/2021 Listed $624,900

General Features

Architectural Style Side By Side
Association Y/N No
Attached Garage No
Carport Y/N No
Current Use Residential
Elementary School District Canyons
Flooring Carpet
Garage Y/N No
Heating Forced Air, Gas: Central
High School District Canyons
Home Warranty Y/N No
Interior Features Range/Oven: Free Stdng., Dishwasher: Built-In
Lease Considered Y/N No
MLS Area Murray; Taylorsvl; Midvale
Middle/Junior School District Canyons
New Construction No
Private Pool No
Property Attached Y/N No
Property SubType Duplex
Property Type Residential
Roof Asphalt
Senior Community Y/N No
Sewer Sewer: Connected, Sewer: Public
Standard Status Active
Subdivision Name CENTENNIAL ESTATES #
Tax Annual Amount 3328.0
Topography Fenced: Part, Road: Paved, Terrain, Flat
Total Units 2
Utilities Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Year Built 1978
Zoning Multi-Family
Zoning Description 1208

Interior Features

Air Conditioning Y/N No
Fireplace Y/N No
Heating Y/N Yes
Living Area 3328.0

Exterior Features

Building Area Total 3328.0
Frontage Length 0.0
Horse Y/N No
Lot Dimensions 0.0x0.0x0.0
Lot Features Fenced: Part, Road: Paved
Lot Size Acres 0.26
Lot Size Area 0.26
Lot Size Square Feet 11325.6
Lot Size Units Acres
Open Parking Y/N No
RV Parking Dimensions 0.00
Spa No
Vegetation Landscaping: Full
View Y/N No
Water Source Culinary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 84047

Price
AVG $640K
$620K
Taxes
AVG $2,355
$3,328
Visits
AVG 69
21
Year Built
AVG 1964
1978

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