$4,250,000

928 S Washington , Salt Lake City, UT 84101

 
Bedrooms:26 beds
Bathrooms:0 baths
Residential:12,584 sqft
Lot:0.26
Year Built:2018
Listing Status:Active

Listing Agent

Joseph Ellis
http://www.flatratehomes.com
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

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!

Detailed Items

Other Information

928 S Washington, Salt Lake City, UT, 84101 is a residential listing of 12,584 sqft on a lot of 0.26. This residential listing has 26 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property928 S Washington, Salt Lake City, UT
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