Skip To Content

2455 S 500 E

Salt Lake City, UT 84106
  • $969,500
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 1812095
Price Reduced
$969,500
  • 5
    BEDS
  • 0.48
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,254
    SQFT
  • $298
    $/SQFT
Type:
Multi-Family
Built:
1900
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

GREAT INVESTMENT OPPORTUNITY W UPSIDE POTENTIAL W A 5.8% CAP RATE + 120% DSCR - THIS IS SOLID!! loads of character. great location, close to everything, property renders decent returns as long-term rentals, but with furnished unit offerings, returns could be significantly higher - see unit#4 (all furnishings in unit 4 are included in transaction - other units contain tenants belongings. brand new roof late 2021 on main structure and garages. current leases in place. Seller holds real estate licenses in Colorado and Georgia. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement. UNITS WILL ONLY BE MADE AVAILABLE TO VIEW AND INSPECT ONCE WE HAVE AN EXECUTED CONTRACT

Monthly Payment Calculator



Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-05-22T23:37:45.05. 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/128601513
Print Image

2455 S 500 E Salt Lake City, UT 84106

  • Price: $969,500
  • Status: Active
  • On Site: 11 Days
  • MLS #: 1812095
5
Beds
4
Baths
0
½ Baths
0.48
Acres
3,254
SQFT
$298
$/SQFT
1900
Built
Neighborhood:
Salt Lake City; So. Salt Lake
County:
Salt Lake
Area:
Salt Lake City; So. Salt Lake
Elementary School:
Nibley Park
Middle School:
Hillside
High School:
Highland
School District:
Salt Lake
Property Description
GREAT INVESTMENT OPPORTUNITY W UPSIDE POTENTIAL W A 5.8% CAP RATE + 120% DSCR - THIS IS SOLID!! loads of character. great location, close to everything, property renders decent returns as long-term rentals, but with furnished unit offerings, returns could be significantly higher - see unit#4 (all furnishings in unit 4 are included in transaction - other units contain tenants belongings. brand new roof late 2021 on main structure and garages. current leases in place. Seller holds real estate licenses in Colorado and Georgia. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement. UNITS WILL ONLY BE MADE AVAILABLE TO VIEW AND INSPECT ONCE WE HAVE AN EXECUTED CONTRACT
Exterior Features

Architectural Style Up And Down Attached Garage YN No Carport YN No Construction Materials Brick Construction Status Blt./Standing Covered Spaces 4 Exterior Features Awning(S)Deck; CoveredEntry (Foyer)LightingPorch: Open Frontage Length 0.0 Garage YN Yes Horse Property YN No Lot Features Curb & GutterFenced: PartRoad: PavedSecludedSidewalksView: MountainView: ValleyWooded Lot Size Dimensions 0.0X0.0X0.0 Mobile Length 0 Mobile Width 0 Open Parking Spaces 8 Open Parking YN Yes Other Equipment Window Coverings Parking Features CoveredParking: Uncovered Parking Total 12 Patio And Porch Features Porch: Open Pool Private YN No Roof See RemarksAsphalt RVParking Dimensions 0.00 Spa YN No Topography Curb & GutterFenced: PartRoad: PavedSecluded YardSidewalksTerrainFlatView: MountainView: ValleyWooded Vegetation Fruit TreesLandscaping: FullMature Trees View Mountain(S)Valley View YN Yes Waterfront YN No

Interior Features

Bathrooms Partial 0 Bathrooms Total 4 Building Area Total 3254 Cooling YN No Fireplace YN No Flooring CarpetTileVinyl Heating Forced AirGas: Central Heating YN True Interior Features Kitchen: UpdatedRange: GasRange/Oven: Free Stdng.Dishwasher: Built-In Laundry Features Electric Dryer Hookup Rooms Total 0 Window Features BlindsDrapesPart

Property Features

Association YN No Cross Street 500 Current Use Residential Exclusions See Remarks Inclusions Ceiling FanDryerRangeRange HoodRefrigeratorWasherWindow Coverings Irrigation Water Rights Acres 0 Lease Considered YN No Listing Terms CashCommercial Fin. Req.Conventional New Construction YN No Ownership Property Owner Property Attached YN No Property Condition Blt./Standing Property Sub Type Quadruplex Senior Community YN No Sewer Sewer: ConnectedSewer: Public Tax Annual Amount 3675 Utilities Natural Gas ConnectedElectricity ConnectedSewer ConnectedSewer: PublicWater Connected Water Source Culinary Zoning Multi-Family

Listing provided courtesy of Remax Alliance: 801-360-6424. 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 2022-05-22T23:37:45.05. 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.
 
https://bt-photos.global.ssl.fastly.net/wasatch/orig_boomver_1_1812095-1.jpg https://bt-photos.global.ssl.fastly.net/wasatch/orig_boomver_1_1812095-1.jpg https://bt-photos.global.ssl.fastly.net/wasatch/orig_boomver_1_1812095-1.jpg
Logo
Lawson Real Estate Team - Engel & Völkers
900 Main Street Suite 6118
Park City UT, 84060