For Sale:
1162 E 400 South
Salt Lake City,
UT
84102
- MLS #2071896
Townhome for Sale in Salt Lake City
Utah MLS # 2071896
0 Bathrooms
2 Garage
Price per sq ft: $241
Price / finished sq ft: $241
Year Built: 1973
.27 Acres (11,761 sq ft)
$11,645 / year taxes
No basement
Rooms / Layout
| Sq Ft | Beds | Baths | Laundry |
|---|
Features and Schools
To view homes, call (801) 829-1560. Your voice message will be delivered immediately. Tony or an
agent from his team will get back with you ASAP.
Or, REQUEST A PERSONAL SHOWING of 1162 E 400 South with Tony Fantis or his team of Realtors®. Listing courtesy of Joseph Mills with Investment Realty Advisors LLC.
1162 E 400 South - $2,300,000
Home Description
**PRICE IMPROVEMENT** Don't miss this rare chance to own a large 8-plex in one of Salt Lake City's most desirable rental markets! Ideally located within 5 minutes walking distance to the University of Utah, near public transit, and downtown Salt Lake City, this property offers an unbeatable location for tenants. Each of the eight units boasts a spacious 1,100 sq. ft. layout featuring 2 bedrooms and 1 bathroom. With cosmetic renovation potential, there is a great opportunity to increase rents and maximize returns. No Seller Financing Available. Prior owner rented to students by the bed with four beds per two bedroom up to 32 beds. A buyer could explore going back to this option, and may be able to get around $600/bed x 32 = $19,200/mo x 12 = $230,400/yr. This option is not guaranteed but may be something to look into. Currently the units are rented individually, some by the room. All measurements are provided as a courtesy. Buyer to verify all information independently. Owner/Agent.
Statistics
Townhome Prices in Salt Lake City
Price per Square Foot in Salt Lake City
Townhome Prices in 84102
Price per Square Foot in 84102
1162 E 400 South, Salt Lake City, UT - MLS # 2071896
Price per square foot and price per finished square foot are estimated based on data supplied by the listing broker. Square footage should be confirmed by a licensed appraiser. Google street view is approximate and historical, which may not reflect the most current view of a neighborhood. Price history data for homes and condos reflects the date the information was received from the MLS.
