Salt Lake City, UT 84101,928 S WASHINGTON ST
Salt Lake City, UT 84101,928 S WASHINGTON ST
Salt Lake City, UT 84101,928 S WASHINGTON ST
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$4,250,000
Est. payment /mo
26 Beds
39 Baths
12,584 SqFt
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UPDATED:

09/25/2024 10:14 PM

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 12,584 sqft

Price per Sqft $337

Subdivision Hunter'S

MLS Listing ID 2025190

Style Stories: 2

Bedrooms 26

Construction Status Blt./Standing

HOA Y/N No

Year Built 2018

Annual Tax Amount $19,650

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 0.0x0.0x0.0

Property Description

An incredible investment opportunity in the heart of Salt Lake City! The current loan on the property is assumable at 4.67%! The 13 unit property sits on 0.26 acres and has 100% occupancy year-round. The neighborhood is incredibly diverse and is within short walking distance to downtown, restaurants, shops, and a Trax station. In current rental agreements, the tenant pays power and gas utilities; the owner pays water, sewer, trash, and internet utilities. Yearly costs are listed above. There are 5 parking spaces included and the owner has had tenants pay $100 extra per month for a parking spot. Extra rent is also charged for pets. Roof deicers are installed to melt the snow during the winter. There is a maintenance shed for the property in the back parking area. This property is fully landscaped and was designed to be very low maintenance. Current rents have been kept on the low-end, and are very competitive in this market. Each unit was designed with separate utilities, and can be easily converted to townhomes in the future. With the Olympics coming back to Salt Lake, this is the perfect time to jump at this opportunity!

Location

State UT

County Salt Lake

Area Salt Lake City; So. Salt Lake

Zoning Multi-Family

Interior

Interior Features Bath: Master, Disposal, Range/Oven: Free Stdng., Dishwasher: Built-In

Heating Gas: Central

Flooring Carpet, Laminate, Tile

Inclusions Dryer, Microwave, Range, Refrigerator, Washer

Fireplace No

Window Features Blinds

Exterior

Exterior Feature Patio: Open

Utilities Available Natural Gas Connected, Electricity Connected, Sewer: Public, Water Connected

Waterfront No

View Y/N No

Roof Type Flat

Present Use Residential

Topography Fenced: Full, Terrain, Flat, Private

Porch Patio: Open

Total Parking Spaces 5

Private Pool false

Building

Lot Description Fenced: Full, Private

Sewer Sewer: Public

Water Culinary

Structure Type Composition,Stucco

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Liberty

Middle Schools Clayton

High Schools Highland

School District Salt Lake

Others

Senior Community No

Tax ID 15-12-257-027

Acceptable Financing Assumable, Cash, Conventional

Listing Terms Assumable, Cash, Conventional


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Listed by Flat Rate Homes
Amanda Schleininger

Agent | License ID: 8287219-SA00

+1(801) 430-2517 | amanda@hustleandheartrealestategroup.com

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928 S WASHINGTON ST