640 E VINE ST Murray, UT 84107

The home for sale at 640 E VINE ST Murray, UT 84107 has been listed at $1,200,000 and has been on the market for 20 days.

**Do not disturb tenants** 640 Vine St is a well-located fourplex right on the southwest intersection of Vine St and 5300 S in Murray. The property has significant value-add potential, as only one of the units has been renovated and the rents are well below market. That renovated unit has been left vacant so that someone can house-hack the property or live in the unit while renting the other three to help pay for the mortgage. The property was built in 1970. The units are all desirable 2BD/1.5BA units with stackable washer and dryers. They are large 2-story units that are roughly 1,036 SF. There are 6 covered parking stalls and 4 storage units for the tenants. There is also a shed on site, with electrical power, that an owner can use for storage or rent to tenants for auxiliary income. The average rent is $1,514/month. The average rent of similar units in the area is $1,795. There is therefore a value-add opportunity available by taking the rents to market. An investor can also charge for utility reimbursement, storage, and parking. 640 Vine is conveniently located just minutes from I-15 and I-215. Murray City offers freeway access at two entrance/exits on I-15 and three entrance/exits on I-215. There are three TRAX light rail stations, and the UTA FrontRunner goes through Murray as well. Many retail destinations are very close to the property including Costco, the Oakwood Village Shopping Center and the very popular Sports Mall. The Sports Mall is a premier athletic and tennis club that has tennis courts, sand volleyball courts, indoor basketball courts, swimming pools, fitness classes and much more. World class skiing can be found only 30 minutes from the property at Snowbird, Solitude, Brighton and just a little further is Park City.

General Information

Building and Construction

• Roof:
• Exterior:
• Construction:
• Foundation Basement: d d

Garage and Parking

• Garage Type: No
• Garage Spaces: 0

LOVE THIS HOME?

Schedule a showing or ask a question.

Lance
Goddard

801-410-7917

Lance
Goddard

801-410-7917

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Other Property Info

• Area: Murray; Taylorsvl; Midvale
• Zoning:
• State: UT
• County: Salt Lake
• This listing is courtesy of: David A GalantPathway Properties, LLC. 385-423-8589.

Schools

• Highschool: None/Other
• Jr High: None/Other
• Intermediate: None/Other
• Elementary: None/Other

This data is updated on an hourly basis. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. If you need more information on this property please email info@blgrealestate.com with the MLS number 1993234.

PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.