Property
Beds
11
Full Baths
None
1/2 Baths
None
Year Built
1917
Sq.Footage
5,287
TURN-KEY investment property in the Avenues! Fully occupied eight-plex. Easy to rent and easy to manage. Parcel 09-32-353-020 to the west is included in the sale and taxes for that parcel are included in estimated taxes. Scheduled annual rent and tenant paid utility income totals $112,140.00. Tenant's cover ALL utilities. Eight units: one grand 4 bd. 3 bath two level apartment (lease runs through 10/31/26), one studio/1 bd unit, six studio apartments. 97% occupancy rate, 4.6 CAP. The grand unit has forced heat, central air, and has been totally remodeled. The studio/1bd. units have FANTASTIC vintage finishes - honeycomb tile, built-ins, AND modern day, economical mini-split heating and A/C. This building has been meticulously cared for and professionally managed. Do not disturb tenants - no showings prior to an accepted offer. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain independent measurements. Buyer to verify all info.
Features & Amenities
Interior
-
Total Bedrooms
11
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Patio and Porch Features
Covered
-
Pool
No
Area & Lot
-
Lot Features
Secluded
-
Lot Size(acres)
0.2
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Stories: 3
Price
-
Sales Price
$1,725,000
-
Tax Amount
6132.0
-
Zoning
SR-1A
-
Sq. Footage
5, 287
-
Price/SqFt
$326
HOA
-
Association
No
School District
-
Elementary School
Salt Lake
-
Middle School
Bryant
-
High School
West
Property Features
-
Senior Community YN
NO
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Location
County
Salt Lake
Elementary School
Salt Lake
Middle School
Bryant
High School
West
Listing Courtesy of SAVANNAH CRACRAFT , Partlow Investment Properties, Inc
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President / Real Estate Advisor
DamonLuke
Call Damon today to schedule a private showing.
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