Active
928 S WASHINGTON ST
Salt Lake City UT, 84101
$4,250,000
$337.73 per sqft
Active
26 Beds
39 Baths
12,584 sqft
Residential
Built in 2018
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!
2025190
MLSⓇ ID
September 24, 2024
Listed
November 22, 2024
Updated
Map
928 S WASHINGTON ST
Salt Lake City UT, 84101
Interior Features
Total Stories
0
Bedrooms
26
Total Bathrooms
39
Interior Features
Bath: Master, Disposal, Range/Oven: Free Stdng, Dishwasher: Built-In
Floor Description
Carpet, Laminate, Tile
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Gas: Central
Exterior/Building Features
Lot Size
0.26 Acres
Exterior Features
Patio: Open
Lot Features
Fenced: Full, Private
Architectual Style
Stories: 2
Roof
Flat
Sewer
Sewer: Public
School Information
School District
Salt Lake
High School
Highland
Elementary School
Liberty
Other Property Details
Area Name
Salt Lake City; So. Salt Lake
Taxes
$19,650
Tax Frequency
Annually
Days on Market
48
Garage
No
Parking Total
5
View
No
County
Salt Lake
Water Source
Culinary
Pool
No
Zoning
Multi-Family
Courtesy of Flat Rate Homes
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10:21 PM UTC, 11/22/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Tyson Leavitt shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Wasatch Front Regional MLS, Inc. All rights reserved.