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995 S Lincoln St

Salt Lake City, UT 84105
  • $1,245,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 1809774
Price Reduced
UPDATED: 55 min ago
$1,245,000
  • 9
    BEDS
  • 0.18
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 5,175
    SQFT
  • $241
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1911
County:

School Information

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

Description

Rare opportunity to own a Fourplex in the coveted 9th and 9th district. The property is currently 100% occupied and has gross rents of $72,780/yr with potential to raise rents to market and boost returns. Unit 1 lease ends 7/31/22, Unit 2 ends 7/31/22, Unit 3 ends 11/30/22, Unit 4 ends 7/31/22. It is incredibly easy to rent and is in walking distance to several restaurants, coffee shops, shops, and parks. Both water heaters for the building were replaced in 2021 and each unit has been updated within the past 3-5 years. All four unit have their own electrical meter that is paid for by the tenants. There is one Gas meter that is for the water heaters that the owner pays for. There is also a shared laundry room in the basement. Measurements are given as a courtesy and Buyer is advised to obtain an independent measurement. Owner/agent.

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-05-27T07:37:10.337. 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/128283718
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995 S Lincoln St Salt Lake City, UT 84105

  • Price: $1,245,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 55 min ago
  • MLS #: 1809774
9
Beds
5
Baths
0
½ Baths
0.18
Acres
5,175
SQFT
$241
$/SQFT
1911
Built
Neighborhood:
Belmont Sub
County:
Salt Lake
Area:
Salt Lake City; So. Salt Lake
Elementary School:
Emerson
Middle School:
Bryant
High School:
East
School District:
Salt Lake
Property Description
Rare opportunity to own a Fourplex in the coveted 9th and 9th district. The property is currently 100% occupied and has gross rents of $72,780/yr with potential to raise rents to market and boost returns. Unit 1 lease ends 7/31/22, Unit 2 ends 7/31/22, Unit 3 ends 11/30/22, Unit 4 ends 7/31/22. It is incredibly easy to rent and is in walking distance to several restaurants, coffee shops, shops, and parks. Both water heaters for the building were replaced in 2021 and each unit has been updated within the past 3-5 years. All four unit have their own electrical meter that is paid for by the tenants. There is one Gas meter that is for the water heaters that the owner pays for. There is also a shared laundry room in the basement. Measurements are given as a courtesy and Buyer is advised to obtain an independent measurement. Owner/agent.
Exterior Features

Architectural Style Up And Down Attached Garage YN No Carport YN No Construction Materials Frame Construction Status Blt./Standing Covered Spaces 0 Exterior Features Basement EntrancePorch: 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 6 Open Parking YN No Parking Total 6 Patio And Porch Features Porch: Open Pool Private YN No Roof Asphalt RVParking Dimensions 0.00 Spa YN No View YN No Waterfront YN No

Interior Features

Bathrooms Partial 0 Bathrooms Total 5 Building Area Total 5175 Cooling YN No Fireplace YN No Flooring CarpetHardwoodLinoleumVinyl Heating Electric Heating YN True Interior Features Range: Gas Rooms Total 0 Window Features Blinds

Property Features

Association YN No Cross Street 940 Current Use Residential Inclusions DryerRangeRefrigeratorWasher Irrigation Water Rights Acres 0 Lease Considered YN No Listing Terms CashConventionalFha 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: Connected Tax Annual Amount 5257 Utilities Natural Gas ConnectedElectricity ConnectedSewer ConnectedWater Connected Water Source Culinary Zoning Multi-Family Zoning Description R15000

Listing provided courtesy of Investment Realty Advisors Llc: 801-971-2542. 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 2022-05-27T07:37:10.337. 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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Lawson Real Estate Team - Engel & Völkers
900 Main Street Suite 6118
Park City UT, 84060