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Duplex

Active

12Days on Market

$899,900

$200/sqft+1.7%/yrHome values in the 84101 zip code have grown an average of 1.7% per year over the last 5 years.

Price history — protected

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About This Property

I'm interested

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.)

Property Features

Flooring

Carpet,Tile

Interior Features

Granite Countertops

Unit Breakdown

Type 1

5 bed · 2 bath · Square Feet: 2166

$2,750/mo

Type 2

5 bed · 3 bath · Square Feet: 2326

$2,850/mo

Total Actual Rent(2 units)

$5,600/mo

Location

Estimated Monthly Payment

$4,947/mo

Down Payment$179,980 (20%)

Principal & Interest$4,564

Property Tax$214/mo

Insurance (est.)$169/mo

Est. Total$4,947/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

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MLS# 2179041• Tax ID: 15-12-276-002

Courtesy of Niki R Worthington, Prime Real Estate Experts · nworthingtonrealestate@gmail.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.