475 N WALL ST Under Contract

Salt Lake City,UT 84103

$ 2192000

16 Beds

8 Baths

7000 SqFt


Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Under Contract

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $313

MLS Listing ID 2109934

Style Stories: 2

Bedrooms 16

Year Built 1963

Annual Tax Amount $9,400

Lot Size 0.330 Acres

Property Sub-Type > 4 Units

Property Description

8 Plex located in the coveted area of Capitol Hill. Rarely available turn key complex that is always rented. The owner has taken great pride in these units which are all remodeled. The exterior has been recently remodeled with modern features and off street parking. Priced at $2,192,000, this is a rare chance to acquire a stabilized asset with remaining upside in one of Salt Lake's most desirable urban area. # of Units 8 Current monthly Income RENT $12,155 Other Monthly Income $480 Total Possible Annual Income $151,620 Price per Door $274,000

Location

State UT

County Salt Lake

Area Salt Lake City: Avenues Area

Interior

Heating Forced Air

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Balcony,Lighting,Sliding Glass Doors

Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected

View Y/N Yes

View Lake

Roof Type Tar/Gravel

Building

Lot Description Corner Lot,Fenced: Full,Road: Paved,View: Lake

Sewer Sewer: Connected,Sewer: Public

Water Culinary

Structure Type Brick,Stone

New Construction No

Schools

Elementary Schools None/Other

Middle Schools None/Other

High Schools None/Other

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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