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Listed By Flat Rate Homes, Joseph Ellis. 801-441-7283
| Data Source: © 2023 Wasatch Front Regional Multiple Listing Service, Inc.

Description

Details

Schools

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!

UTILITIES

Heating

Gas: Central

Cooling

unspecified

Water/Sewer

Culinary, Sewer: Public

Electric

unspecified

Info

Year Built

2018

Garage

None

Style

Stories: 2

2020 Taxes

$19,650

NAME	GRADES	DISTANCE
Liberty Elementary	Pre - 6	4.6 miles
Clayton Jr. High	7 - 8	6.5 miles
Highland High School	9 - 12	5.4 miles

$4,250,000

($338/SF) • $/month

Listing Price

$

Down payment

$

%

Length of Loan

Interest Rate

%

Property Taxes

$

/year

HOA

$

/month

Insurance

$

/year

estimated monthly payment:

$

26 Bed •

39 Bath •

12,584 SF •

0.26 AC

928 S Washington St

Salt Lake City, UT 84101

Subdivision

Hunter's

MLS# 2025190

218 Days on Market

Tia Monson Portrait

Tia Monson Tia@mountainluxury.com 801.540.5173 Realtor®

Description

Details

Schools

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!

UTILITIES

Heating

Gas: Central

Cooling

unspecified

Water/Sewer

Culinary, Sewer: Public

Electric

unspecified

Info

Year Built

2018

Garage

None

Style

Stories: 2

2020 Taxes

$19,650

NAME	GRADES	DISTANCE
Liberty Elementary	Pre - 6	4.6 miles
Clayton Jr. High	7 - 8	6.5 miles
Highland High School	9 - 12	5.4 miles

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