679 E 2ND AVE N new Save Request In-Person Tour Request Virtual Tour
Salt Lake City,UT 84103
Key Details
Property Type Multi-Family
Sub Type > 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,287 sqft
Price per Sqft $326
MLS Listing ID 2115644
Style Stories: 3
Bedrooms 11
Year Built 1917
Annual Tax Amount $6,132
Lot Size 8,712 Sqft
Property Sub-Type > 4 Units
Property Description
TURN-KEY investment property in the Avenues! Fully occupied eight-plex. Easy to rent and easy to manage. Parcel 09-32-353-020 to the west is included in the sale and taxes for that parcel are included in estimated taxes. Scheduled annual rent and tenant paid utility income totals $112,140.00. Tenant's cover ALL utilities. Eight units: one grand 4 bd. 3 bath two level apartment (lease runs through 10/31/26), one studio/1 bd unit, six studio apartments. 97% occupancy rate, 4.6 CAP. The grand unit has forced heat, central air, and has been totally remodeled. The studio/1bd. units have FANTASTIC vintage finishes - honeycomb tile, built-ins, AND modern day, economical mini-split heating and A/C. This building has been meticulously cared for and professionally managed. Do not disturb tenants - no showings prior to an accepted offer. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain independent measurements. Buyer to verify all info.
Location
State UT
County Salt Lake
Area Salt Lake City: Avenues Area
Zoning Multi-Family
Interior
Heating Electric,Forced Air
Flooring Carpet,Tile
Inclusions Dryer, Range, Refrigerator, Washer
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Double Pane Windows,Patio: Covered,Storm Doors
Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
View Y/N No
Roof Type Asphalt
Building
Lot Description Fenced: Part,Secluded,Sidewalks,Sprinkler: Auto-Part,Terrain: Grad Slope
Sewer Sewer: Connected
Water Culinary
Structure Type Brick
New Construction No
Schools
Elementary Schools Wasatch
Middle Schools Bryant
High Schools West
School District Salt Lake
Others
Acceptable Financing Cash,Commercial Fin. Req.,Conventional
Listing Terms Cash,Commercial Fin. Req.,Conventional