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151 N 800 W

Salt Lake City, UT 84116
  • $699,000
  • STATUS: Active Under Contract
  • ON SITE: 18 Days
  • MLS #: 1841831
Under Contract
UPDATED: 50 min ago
$699,000
  • 8
    BEDS
  • 0.3
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,240
    SQFT
  • $216
    $/SQFT
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Description

Double Vision? Rare opportunity to own two side by side duplexes (151,153,155 & 157 N) on a huge .3 acre lot less than a block from TRAX and walking distance to downtown SLC.. Currently fully occupied with excellent turn key cap rate, monthly rents are $3,825 (full breakdown of each unit attached). Exterior could use significant rehab work and interiors are dated. Both roofs were completely replaced 10 years ago and have a 30 yr warranty on the shingles. The extremely low asking price takes the dated property condition into account as rents could be pushed significantly higher once those upgrades are done. Two Duplexes are far more valuable than a traditional 4plex as they only share one common wall with other tenants and no one above or below. Each unit is separately metered for gas and electric. All units have tile floors (kitchen/bath/halls), double paned windows and their own W/D hook ups. Square footage does not include basement utility/storage areas where each unit has its own furnace and water heater. Absolutely no showings until after an accepted offer! Do not disturb tenants. I have attached the Seller disclosures upfront, property to be sold AS-IS. Square footage figures are provided as a courtesy estimate only and were obtained from the County Assessor. Buyer is advised to obtain an independent measurement. Owner/Agent will be participating in a 1031 exchange.

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-10-05T17:39:42.233. 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 should be independently reviewed and verified for accuracy. 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. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
www.lawsonrealestateteam.com/homes/133157834
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151 N 800 W Salt Lake City, UT 84116

  • Price: $699,000
  • Status: Active Under Contract
  • On Site: 18 Days
  • Updated: 50 min ago
  • MLS #: 1841831
8
Beds
4
Baths
0
½ Baths
0.3
Acres
3,240
SQFT
$216
$/SQFT
1924
Built
Neighborhood:
Salt Lake City; Rose Park
County:
Salt Lake
Area:
Salt Lake City; Rose Park
Property Description
Double Vision? Rare opportunity to own two side by side duplexes (151,153,155 & 157 N) on a huge .3 acre lot less than a block from TRAX and walking distance to downtown SLC.. Currently fully occupied with excellent turn key cap rate, monthly rents are $3,825 (full breakdown of each unit attached). Exterior could use significant rehab work and interiors are dated. Both roofs were completely replaced 10 years ago and have a 30 yr warranty on the shingles. The extremely low asking price takes the dated property condition into account as rents could be pushed significantly higher once those upgrades are done. Two Duplexes are far more valuable than a traditional 4plex as they only share one common wall with other tenants and no one above or below. Each unit is separately metered for gas and electric. All units have tile floors (kitchen/bath/halls), double paned windows and their own W/D hook ups. Square footage does not include basement utility/storage areas where each unit has its own furnace and water heater. Absolutely no showings until after an accepted offer! Do not disturb tenants. I have attached the Seller disclosures upfront, property to be sold AS-IS. Square footage figures are provided as a courtesy estimate only and were obtained from the County Assessor. Buyer is advised to obtain an independent measurement. Owner/Agent will be participating in a 1031 exchange.
Exterior Features

Architectural Style Side By Side Attached Garage YN No Carport YN No Construction Materials Brick Construction Status Blt./Standing Covered Spaces 0 Exterior Features Double Pane WindowsPorch: Open Frontage Length 0.0 Garage YN No Horse Property YN No Lot Size Dimensions 0.0X0.0X0.0 Mobile Length 0 Mobile Width 0 Open Parking Spaces 4 Open Parking YN Yes Other Equipment Storage Shed(S) Parking Features Parking: Uncovered Parking Total 4 Patio And Porch Features Porch: Open Pool Private YN No Roof Asphalt RVParking Dimensions 0.00 Spa YN No Topography TerrainFlat View YN No Waterfront YN No

Interior Features

Bathrooms Partial 0 Bathrooms Total 4 Building Area Total 3240 Cooling YN No Fireplace YN No Flooring CarpetTile Heating Gas: Central Heating YN True Rooms Total 0 Window Features Blinds

Property Features

Association YN No Cross Street 800 Current Use Residential Exclusions See Remarks Inclusions Ceiling FanRangeRefrigeratorStorage Shed(S) Irrigation Water Rights Acres 0 Lease Considered YN No Listing Terms CashConventional New Construction YN No Ownership Owner/Agent Property Attached YN No Property Condition Blt./Standing Property Sub Type Quadruplex Senior Community YN No Sewer Sewer: Public Tax Annual Amount 2323 Utilities Natural Gas ConnectedElectricity ConnectedSewer: PublicWater Connected Water Source Culinary Zoning See RemarksMulti-Family Zoning Description 1208

Listing provided courtesy of Paras Real Estate: 801-560-0176. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2022 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-10-05T17:39:42.233. 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 should be independently reviewed and verified for accuracy. 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. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
 
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