$980,000
$950,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
2,200 SqFt
SOLD DATE : 05/03/2021
Key Details
Sold Price $980,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $445
Subdivision Warehouse District C
MLS Listing ID 1733109
Sold Date 05/03/21
Style Condo; Top Level
Bedrooms 4
Full Baths 2
Construction Status Blt./Standing
HOA Fees $457/mo
HOA Y/N Yes
Year Built 1910
Annual Tax Amount $4,321
Lot Size 435 Sqft
Acres 0.01
Lot Dimensions 0.0x0.0x0.0
Property Description
The Warehouse District Lofts are truly a unique space with the charm of the early 1900s combined with updated, modern finishes. Exposed brick and venting, wood beams throughout the building and unit, large open kitchen and dining area, spacious rooms and 2 parking spots (each unit usually only has one). Endless downtown attractions such as the Gateway Mall, Vivint Smart Home Arena, restaurants, farmers markets, coffee shops, and theaters are close by as well as access to recreational activities and Trax. This top-level penthouse has access to the atrium as well as the roof for 360-degree views of the surrounding city and mountains. Condo is sold fully furnished and outfitted for Airbnb business. Currently scheduled bookings can transfer to new buyer or be canceled. The second entrance through the atrium allows access to the second unit (405). The units have been separated into two units for individual rental with a lockable door between. You are buying both #404 and #405 with this purchase! It can be rented as one big unit, or two separate units nightly. All figures are provided as a courtesy and cannot be guaranteed--together this property averages $8k a month in revenue with months as high as $11k! And the last $11k month was just in February 2021, post COVID!
Location
State UT
County Salt Lake
Area Salt Lake City; So. Salt Lake
Zoning Single-Family
Rooms
Basement None
Interior
Interior Features Alarm: Fire, Disposal, Range/Oven: Free Stdng.
Heating Forced Air, Gas: Central
Cooling Central Air
Flooring Carpet, Hardwood, Slate
Equipment Window Coverings
Fireplace false
Window Features Full
Appliance Range Hood, Refrigerator
Laundry Electric Dryer Hookup
Exterior
Exterior Feature See Remarks, Atrium, Double Pane Windows, Lighting, Secured Building, Secured Parking
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Waterfront No
View Y/N Yes
View Mountain(s), Valley
Roof Type Rolled-Silver
Present Use Residential
Topography Fenced: Full, Road: Paved, Sidewalks, Terrain, Flat, View: Mountain, View: Valley
Accessibility Accessible Elevator Installed, Accessible Entrance, Ramp, Single Level Living, Customized Wheelchair Accessible
Parking Type Covered, Parking: Uncovered, Secured
Total Parking Spaces 2
Private Pool false
Building
Lot Description Fenced: Full, Road: Paved, Sidewalks, View: Mountain, View: Valley
Sewer Sewer: Connected
Water Culinary
Structure Type Brick
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Washington
Middle Schools Bryant
High Schools East
School District Salt Lake
Others
HOA Name Community Management
Senior Community No
Tax ID 15-01-261-029
Security Features Fire Alarm
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Cash
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Bought with NON-MLS