324 E SECOND N new

Salt Lake City,UT 84103

$ 2850000

11 Beds

11 Baths

5370 SqFt


Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,370 sqft

Price per Sqft $530

MLS Listing ID 2074376

Style Up And Down

Bedrooms 11

Year Built 1958

Annual Tax Amount $13,840

Lot Size 9,583 Sqft

Property Sub-Type > 4 Units

Property Description

Turn Key Multi Family investment property located in the highly desirable Avenues. Close to Downtown, UofU, Capitol Hill. Very walkable community. 2 buildings with off street parking. All units have been updated with solid surface counter tops, new cabinets, bathrooms, LVP, HVAC and in unit laundry. 100 % occupied with very little turnover. Units rent very quickly when available. Do not disturb tenants, must have an appointment to show Low maintenance and easy to manage GOI: $191,754 Total Expenses: $43,603 NOI: $148,151 CAP Rate: 5.2%

Location

State UT

County Salt Lake

Area Salt Lake City: Avenues Area

Zoning Multi-Family

Interior

Flooring Carpet,Tile

Inclusions Dryer, Refrigerator, Washer

Exterior

View Y/N No

Building

Structure Type Cinder Block

New Construction No

Schools

Elementary Schools None/Other

Middle Schools None/Other

High Schools None/Other

School District Salt Lake

Others

Acceptable Financing Cash,Commercial Fin. Req.,Conventional

Listing Terms Cash,Commercial Fin. Req.,Conventional

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