Price Reduced

View of property exterior featuring stairway

View of parking lot

View of side of property featuring an outbuilding

Entrance to property with cooling unit

View of outdoor structure

View of asphalt street featuring sidewalks

View of home's exterior with fence, a balcony, and concrete block siding

Kitchen featuring white appliances, open shelves, a sink, a barn door, and light tile patterned floors

Kitchen with white appliances, a sink, a textured ceiling, glass insert cabinets, and light carpet

Unfurnished dining area featuring a textured ceiling, carpet floors, baseboards, and tile patterned floors

Half bathroom featuring toilet, vanity, and tile patterned floors

Full bath featuring a shower stall, tile patterned floors, a textured ceiling, and a textured wall

Listed By Northmarq Multifamily LLC, Mark D. Numbers. 801-201-8565
| Data Source: © 2023 Wasatch Front Regional Multiple Listing Service, Inc.

Description

Details

Schools

Northmarq is pleased to present this established 8-plex located in downtown Salt Lake City. Value-add opportunity, property consists of 8 studio apartments in an ideal location. The property is within walking distance of restaurants, shopping and public transit. The following and more make the 8-plex a great investment: 5-minute walk to the UTA TRAX Jackson/Euclid Station,Less than a 10-minute drive to the University of Utah. With a young overall median age, high rate of college graduates, and the highest population growth rate in the country, demand for housing in Salt Lake City will continue to increase. Utah remains at the top of the list for national job growth and Salt Lake Valley has proven to be one of the nation's strongest multifamily markets. Easy access to both downtown and outdoor activities makes this property an incredible acquisition opportunity!

UTILITIES

Heating

unspecified

Cooling

unspecified

Water/Sewer

Culinary

Electric

unspecified

Info

Year Built

1961

Garage

None

Style

Stories: 2

2020 Taxes

$4,195

NAME	GRADES	DISTANCE
Jackson Elementary	Pre - 6
None/Other Jr. High
West High School	7 - 12

$900,000

($408/SF) • $/month

Listing Price

$

Down payment

$

%

Length of Loan

Interest Rate

%

Property Taxes

$

/year

HOA

$

/month

Insurance

$

/year

estimated monthly payment:

$

Price Change: $-300,000 (11 Days Ago)

8 Bed •

8 Bath •

2,208 SF •

0.23 AC

241 N 800 W

Salt Lake City, UT 84116

Subdivision

MLS# 2083945

102 Days on Market

Contact Tia

Tia Monson Portrait

Tia Monson Tia@mountainluxury.com 801.540.5173 Realtor®

Description

Details

Schools

Northmarq is pleased to present this established 8-plex located in downtown Salt Lake City. Value-add opportunity, property consists of 8 studio apartments in an ideal location. The property is within walking distance of restaurants, shopping and public transit. The following and more make the 8-plex a great investment: 5-minute walk to the UTA TRAX Jackson/Euclid Station,Less than a 10-minute drive to the University of Utah. With a young overall median age, high rate of college graduates, and the highest population growth rate in the country, demand for housing in Salt Lake City will continue to increase. Utah remains at the top of the list for national job growth and Salt Lake Valley has proven to be one of the nation's strongest multifamily markets. Easy access to both downtown and outdoor activities makes this property an incredible acquisition opportunity!

UTILITIES

Heating

unspecified

Cooling

unspecified

Water/Sewer

Culinary

Electric

unspecified

Info

Year Built

1961

Garage

None

Style

Stories: 2

2020 Taxes

$4,195

NAME	GRADES	DISTANCE
Jackson Elementary	Pre - 6
None/Other Jr. High
West High School	7 - 12

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