679 E 2ND AVE N, Salt Lake City, UT 84103 - MLS#2115644

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Jerome Bennett

jerome@utahhomelistings.com +1(801) 913-1385

$1,725,000

Est. payment - /mo

11 Beds

10 Baths

5,287 SqFt

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UPDATED:

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

Construction Status Blt./Standing

HOA Y/N No

Year Built 1917

Annual Tax Amount $6,132

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 0.0x0.0x0.0

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

Interior Features Range: Gas

Heating Electric, Forced Air

Flooring Carpet, Tile

Inclusions Dryer, Range, Refrigerator, Washer

Fireplace No

Window Features Blinds,Full

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

Present Use Residential

Topography Fenced: Part, Secluded Yard, Sidewalks, Sprinkler: Auto-Part, Terrain: Grad Slope

Porch Covered

Private Pool No

Building

Lot Description Fenced: Part, Secluded, Sidewalks, Sprinkler: Auto-Part, Terrain: Grad Slope

Faces South

Sewer Sewer: Connected

Water Culinary

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Wasatch

Middle Schools Bryant

High Schools West

School District Salt Lake

Others

Senior Community No

Tax ID 09-32-353-021

Acceptable Financing Cash, Commercial Fin. Req., Conventional

Listing Terms Cash, Commercial Fin. Req., Conventional

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Listed by Partlow Investment Properties, Inc

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Jerome Bennett

+1(801) 913-1385

Principal Broker | License ID: 5451352-PB00

Principal Broker License ID: 5451352-PB00

679 E 2ND AVE N Salt Lake City, UT 84103

Jerome Bennett

Key Details

Location

Interior

Exterior

Building

Schools

Others

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