679 E 2ND AVE N new Save Request In-Person Tour Request Virtual Tour
Salt Lake City,UT 84103
Key Details
Property Type Multi-Family
Sub Type > 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,287 sqft
Price per Sqft $326
MLS Listing ID 2115644
Style Stories: 3
Bedrooms 11
Construction Status Blt./Standing
HOA Y/N No
Year Built 1917
Annual Tax Amount $6,132
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type > 4 Units
Property Description
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.
Location
State UT
County Salt Lake
Area Salt Lake City: Avenues Area
Zoning Multi-Family
Interior
Interior Features Range: Gas
Heating Electric,Forced Air
Flooring Carpet,Tile
Inclusions Dryer, Range, Refrigerator, Washer
Fireplace No
Window Features Blinds,Full
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Double Pane Windows,Patio: Covered,Storm Doors
Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
View Y/N No
Roof Type Asphalt
Present Use Residential
Topography Fenced: Part, Secluded Yard, Sidewalks, Sprinkler: Auto-Part, Terrain: Grad Slope
Porch Covered
Private Pool No
Building
Lot Description Fenced: Part,Secluded,Sidewalks,Sprinkler: Auto-Part,Terrain: Grad Slope
Faces South
Sewer Sewer: Connected
Water Culinary
Structure Type Brick
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Wasatch
Middle Schools Bryant
High Schools West
School District Salt Lake
Others
Senior Community No
Tax ID 09-32-353-021
Acceptable Financing Cash,Commercial Fin. Req.,Conventional
Listing Terms Cash,Commercial Fin. Req.,Conventional