1427-1431 2100, Salt Lake City, UT 84105

8 Unit Apartment Building | $1,895,000 ($236,875/Unit) | 6.24% Cap Rate | Salt Lake City, UT 84105

Asking Price $1,895,000

Property Type: Multifamily
Square Feet: 4,826 SF

Listing Contacts

James Quinn

Verified Profile

Mike Jensen

Verified Profile

Property Info

Property Overview

Premium location! 8 units in the heart of Sugarhouse. Directly across the street from Sugarhouse park. Two buildings with 4 units each. Many recent upgrades including new roof, electrical upgrades, updated kitchens/bathrooms, flooring, and paint. Coin op laundry. 8 uncovered parking stalls. This property is always in high demand with it's proximity to parks, restaurants, entertainment and amenities all within walking distance. 5 units come furnished. Short term rental potential. Zoning is CN (neighborhood commercial). Great income right from the start, and always easy to rent. Seller is open to carrying a seller second mortgage. Seller is a licensed real estate broker in the state of Utah. Listing agents are related to seller. Buyer to verify all information including square footage.

Property Details

Class: C
Year Built: 1944
Stories: 2
Lot Size (sq. ft): 8,276 SF
Units: 8

Highlights

Located across from Sugarhouse Park
Great income
CN Zoning

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