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29817744
29817750

125 W 800 S, Salt Lake City, UT 84101

CW
5639688-AB00
Prime Real Estate Experts, LLC
Listed by Prime Real Estate Experts, LLC
$1,050,000
115 days on market
Updated 4 days ago
Opportunity zone

125 W 800 S

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 4,492
Units 2
Cap Rate 4.83%
NOI $50,746
Price per SqFt $234
Broker Co-Op Yes
Year Built 1910
Buildings 1
Acreage 0.100

Multifamily | 2 Units | $525,000/unit

Marketing description

VALUE ADD opportunity in downtown SLC, priced at only $234 per square foot! Average $/SF of $288 per recent sold / UC multi-unit properties, & $340 for active multi-unit properties in the competitive area! 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! 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.)

Listing Contacts

CW
5639688-AB00
Prime Real Estate Experts, LLC
Listed by Prime Real Estate Experts, LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$50,746.00
$4,228.83/mo

Valuation Metrics

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DSCR
4.83%
Cap Rate
4.83%
ROI

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