3678 S 500 E, Salt Lake City, UT 84106

$2,700,000
13,500
SqFt
List Price
$2,700,000
Status
ACTIVE
MLS#
1691800
Days on Market
147
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 Condos

Property Description

Tenants know the property is for sale, but we have assured them that they will not be disturbed until we make an appointment with them. Please respect that this is their home. 5 CAP AT EXISTING RENTS WITH GREAT UPSIDE! 10 separate platted condo units. All are completely remodeled and in perfect condition. 8 units are 2 bed/1.5 bath, Granite counters in kitchen and bathrooms, all new cabinets, new appliances, great trex decks, wonderful layout with lots of light. Two additional units with 4 bed/2 full baths each. All units have central A.C. No deferred maintenance with many recent capital improvements. New membrane roof on the larger duplex (with 4 bedrooms each side). These units sit on .98 acres with lush mature landscaping. 2 bed units have one car carport and the 4 bed units each have 2 car carport. $168,000/ year in Gross Income with established, great tenants! See agent remarks for tax ID numbers and two exemptions. All offers to be made subject to inspection. If you have interest in this property, as an agent or a principal, please email Sherry Topper at topper @chapmanrichards.com or Kym McClelland at kym@xmission.com for all the information on this property. Put Granite Condos in the subject line. Thank you.

Additional Information

Taxes
$10,025
Exterior
Brick
Exterior Features
Sliding Glass Doors
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
Water Features
Culinary

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Chapman Richards & Associates.

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