3678 S 500 E, Salt Lake City, UT 84106

$2,590,000
13,500
SqFt
List Price
$2,590,000
Status
ACTIVE
MLS#
1643008
Days on Market
92
Price Change
▼ $50,000 1581464133
Year Built
1977
Square Feet
13,500
Acres
0.98
Terms
Cash, Commercial Fin. Req., Conventional, Exchange
County
Salt Lake
Region
Salt Lake City; So. Salt Lake
Subdivision
Granite Duplexes

Property Description

Recent price improvement. Unique opportunity to own 10 rental units right in the heart of SLC. WELL-LOCATED 5-Duplex property with 1 duplex configured 1750 sqft 4bed/2bath and 4 duplexes configured 1250 sqft 2/bed/1.5bath. Potential to raise rents. Zero deferred maintenance due to proactive owner. Fully occupied. Owner has kept rents low to keep long-term tenants. **Recent Capital Improvements include: Repaved parking, curbing, new decks, updated kitchens & baths, new furnaces. Well maintained units offers probable growth levels of cash-flow and appreciation, with minimal foreseeable capital expenditures. Additional features: covered parking, central air, remodeled kitchens with new appliances, cabinets, and granite countertops. ***ALL 10 INDIVIDUAL UNITS ARE SEPARATELY PLATTED AS "GRANITE CONDOMINIUMS." *** SEE ALSO ATTACHED SUMMARY OVERVIEW, RENT ROLL, & OVERHEAD PARCEL VIEW***

Additional Information

Taxes
$10,025
Floor
Carpet, Tile
Garage Features
Parking: Covered, Parking: Uncovered
Heating
Forced Air
Roof
Asphalt Shingles
School District
Granite
Elementary School
Lincoln
Middle School
Granite Park
High School
Cottonwood
Style
2 - Story
Living Area
13,500

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Select Group Realty LLC.

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