928 S WASHINGTON ST Active Save Request In-Person Tour Request Virtual Tour
Salt Lake City,UT 84101
Key Details
Property Type Multi-Family
Sub Type > 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 12,584 sqft
Price per Sqft $337
Subdivision Hunter'S
MLS Listing ID 2025190
Style Stories: 2
Bedrooms 26
Construction Status Blt./Standing
HOA Y/N No
Year Built 2018
Annual Tax Amount $19,650
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 0.0x0.0x0.0
Property Description
An incredible investment opportunity in the heart of Salt Lake City! The current loan on the property is assumable at 4.67%! The 13 unit property sits on 0.26 acres and has 100% occupancy year-round. The neighborhood is incredibly diverse and is within short walking distance to downtown, restaurants, shops, and a Trax station. In current rental agreements, the tenant pays power and gas utilities; the owner pays water, sewer, trash, and internet utilities. Yearly costs are listed above. There are 5 parking spaces included and the owner has had tenants pay $100 extra per month for a parking spot. Extra rent is also charged for pets. Roof deicers are installed to melt the snow during the winter. There is a maintenance shed for the property in the back parking area. This property is fully landscaped and was designed to be very low maintenance. Current rents have been kept on the low-end, and are very competitive in this market. Each unit was designed with separate utilities, and can be easily converted to townhomes in the future. With the Olympics coming back to Salt Lake, this is the perfect time to jump at this opportunity!
Location
State UT
County Salt Lake
Area Salt Lake City; So. Salt Lake
Zoning Multi-Family
Interior
Interior Features Bath: Master,Disposal,Range/Oven: Free Stdng.,Dishwasher: Built-In
Heating Gas: Central
Flooring Carpet,Laminate,Tile
Inclusions Dryer, Microwave, Range, Refrigerator, Washer
Fireplace No
Window Features Blinds
Exterior
Exterior Feature Patio: Open
Utilities Available Natural Gas Connected,Electricity Connected,Sewer: Public,Water Connected
Waterfront No
View Y/N No
Roof Type Flat
Present Use Residential
Topography Fenced: Full, Terrain, Flat, Private
Porch Patio: Open
Total Parking Spaces 5
Private Pool false
Building
Lot Description Fenced: Full,Private
Sewer Sewer: Public
Water Culinary
Structure Type Composition,Stucco
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Liberty
Middle Schools Clayton
High Schools Highland
School District Salt Lake
Others
Senior Community No
Tax ID 15-12-257-027
Acceptable Financing Assumable,Cash,Conventional
Listing Terms Assumable,Cash,Conventional