$1,810,000
$1,950,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
15 Beds
8 Baths
6,176 SqFt
SOLD DATE : 11/07/2022
Key Details
Sold Price $1,810,000
Property Type Multi-Family
Sub Type > 4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 6,176 sqft
Price per Sqft $293
Subdivision Plat A Big Field Sur
MLS Listing ID 1828338
Sold Date 11/07/22
Style Stories: 3
Bedrooms 15
Construction Status Blt./Standing
HOA Y/N No
Year Built 1967
Annual Tax Amount $6,850
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 105.0x110.0x105.0
Property Description
Well maintained and managed property by owner for over 30+ years. Located in an "up and coming" neighborhood with many properties having been renovated and updated. The apartments are on a quiet street with exceptional access to retail services, State Street, light rail (Trax) station, and the I-80 freeway. All units have been renovated with the past 18 months, with four within the past 60 days. Three new furnaces have been installed. Has an 800+/-SF concrete block two car garage that can be rented out or used by a new owner. Two of the recently renovated units are currently vacant and ready to rent. Existing rents are below market, with month-to-month terms, and rents can be increased immediately. Potential monthly gross rental income is projected at $8,300+ per month. Property has a small underground well (with water rights) for irrigating some of the landscaping.
Location
State UT
County Salt Lake
Area Salt Lake City; So. Salt Lake
Zoning Single-Family
Interior
Heating Forced Air, Gas: Central
Flooring Carpet, Tile, Vinyl
Fireplace false
Window Features Blinds
Exterior
Exterior Feature Out Buildings
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Waterfront No
View Y/N No
Roof Type Flat,Membrane
Present Use Residential
Topography Curb & Gutter, Fenced: Part, Sidewalks, Sprinkler: Manual-Part, Terrain, Flat
Total Parking Spaces 12
Private Pool false
Building
Lot Description Curb & Gutter, Fenced: Part, Sidewalks, Sprinkler: Manual-Part
Faces North
Sewer Sewer: Connected
Water See Remarks, Culinary, Well
Structure Type Brick,Stucco
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Woodrow Wilson
Middle Schools Granite Park
High Schools Cottonwood
School District Granite
Others
Senior Community No
Tax ID 16-19-177-007
Horse Property No
Financing Other
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Bought with NON-MLS