1162 E 400 South
Salt Lake City, UT 84102
$2,300,000 See similar homes
MLS #2071896
Status: Available
By the Numbers
| 16 Bedrooms | 9,563 sq ft |
| 8 Bathrooms | $11,645/year taxes |
| 2 car garage | |
| .27 acres | |
Listed 219 days ago |
|
| Price per Sq Ft = $241 ($241 / Finished Sq Ft) | |
| Year Built: 1973 | |
Rooms / Layout
| Square Feet | Beds | Baths | Laundry |
|---|
Dining Areas
| No dining information available |
Schools & Subdivision
| Subdivision: Plat F | |
| Schools: Salt Lake School District | |
| Elementary: Bennion (M Lynn) | |
| Middle: Bryant | |
| High: East |
Realtor® Remarks:
**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.Schedule a showing
The
Nitty Gritty
Disposal
Free Standing Range/Oven
Find out more info about the details of MLS #2071896 located at 1162 E 400 South in Salt Lake City.
Disposal
Free Standing Range/Oven
Microwave
Range
Refrigerator
Range
Refrigerator
Sidewalks
Auto Sprinklers - Full
Mountain View
Auto Sprinklers - Full
Mountain View
This listing is provided courtesy of my WFRMLS IDX listing license and is listed by seller's Realtor®:
Joseph Mills
and Porter Criddle, Brokered by: Investment Realty Advisors LLC
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