Location
Agent Comments
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.
Interior Features
- Heat System: Electric, Forced Air
- Floors: Carpet, Tile
- Interior: Range: Gas
Exterior Features
- Siding: Brick
- Roof: Asphalt
- Pool: false
- Exterior: Double Pane Windows, Patio: Covered, Storm Doors
Additional Features
- County: Salt Lake
- Property Type: > 4 Units
- Tax Number: 09-32-353-021
- Water/Sewer: Sewer: Connected
- Stories: 0
- Year Built: 1917