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Salt Lake City,UT 84116
Key Details
Property Type Multi-Family
Sub Type > 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,208 sqft
Price per Sqft $543
MLS Listing ID 2083945
Style Stories: 2
Bedrooms 8
Construction Status Blt./Standing
HOA Y/N No
Year Built 1961
Annual Tax Amount $4,195
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type > 4 Units
Property Description
Northmarq is pleased to present this established 8-plex located in downtown Salt Lake City. The property consists of 8 studio apartments in an ideal location. The property is within walking distance of restaurants, shopping and public transit. The following and more make the 8-plex a great investment: 5-minute walk to the UTA TRAX Jackson/Euclid Station, Value-add opportunity, Less than a 10-minute drive to the University of Utah. With a young overall median age, high rate of college graduates, and the highest population growth rate in the country, demand for housing in Salt Lake City will continue to increase. Utah remains at the top of the list for national job growth and Salt Lake Valley has proven to be one of the nation's strongest multifamily markets. Easy access to both downtown and outdoor activities makes this property an incredible acquisition opportunity!
Location
State UT
County Salt Lake
Area Salt Lake City; Rose Park
Zoning Multi-Family
Interior
Flooring Carpet,Tile
Fireplace false
Exterior
View Y/N No
Present Use Residential
Total Parking Spaces 8
Private Pool false
Building
Faces East
Water Culinary
Structure Type Cinder Block
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Jackson
Middle Schools None/Other
High Schools West
School District Salt Lake
Others
Senior Community No
Tax ID 08-35-426-013
Acceptable Financing Cash,Commercial Fin. Req.
Horse Property No
Listing Terms Cash,Commercial Fin. Req.