125 W 800 S - Multi-Family FOR SALE


Salt Lake City, UT 84101- Central Salt Lake City
$899,900 USD
801-879-4642
125 W 800 S, Salt Lake City, UT for Sale
$899,900 USD
Multi-Family - FOR SALE
1/30
null | 5.85% Cap Rate

125 W 800 S
Salt Lake City, UT 84101
Central Salt Lake City


OVERVIEW

VALUE ADD opportunity in downtown SLC, priced at only $200 per square foot! Compare to $348 per square foot for active multi-unit properties in the competitive area, & $312 psf for sold properties! TURNKEY: fully leased w/excellent rental history, with 1 month-to-month tenant allowing for either INVESTOR OR OWNER-OCCUPIED buyers. SPACIOUS square footage (4492) with TEN bedrooms and FLEXIBLE MIXED USE ZONING contributes to the many VALUE ADD opportunities & uses (e.g., nightly rental, commercial)! NUMEROUS UPDATES: plumbing lines (PEX throughout), water line from street to building (approx 2024), electrical, HVAC, flooring, cabinetry, counters, appliances, fixtures. PRIME DOWNTOWN LOCATION: walking distance to TRAX, downtown, shopping, restaurants & entertainment! Amenities: laundry, individual patios, & backyards. The property size, location, condition, amenities & flexible zoning provide opportunity to increase rents & value! Act now & add a Central Business District area property to your portfolio. (Please do not disturb tenants; offer subject to inspection. Buyer/agent to verify all.)

FOR SALE DETAILS

PRICE

$899,900 USD

PRICE/SF

$200 USD /SF

# OF UNITS

2

PRICE/UNIT

$449,950

CAP RATE

5.85%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

-

APN/PARCEL ID

15-12-276-002-0000

ASK ABOUT THIS PROPERTY

Ashley CurtisPrime Real Estate ExpertsMore Info
801-879-4642

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Ashley CurtisPrime Real Estate ExpertsMore Info
801-879-4642

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.