159 E 800, Salt Lake City, UT 84111

$3,250,000
8,335
SqFt
List Price
$3,250,000
Status
ACTIVE
MLS#
1710743
Days on Market
116
Year Built
2007
Square Feet
8,335
Acres
0.31
County
Salt Lake
Region
Salt Lake City; So. Salt Lake
Subdivision
Commonwealth Place

Property Description

Cascade Place was originally constructed as residential/office/commercial condominium community known as Commonwealth Place Condominiums in 2007. The property consists of three office/retail condominiums which are independently owned and The Cascade Apartments consists of 13 "live-work" residential dwellings all of which are being operated as rentals and is being marketed and sold as an apartment community. The Cascade Apartments controls 84% of the entire Commonwealth Place HOA which is transferred to the new owner upon the sale of the 13 apartments. The Cascade Apartments 84% controlling share of the HOA is based on the total square footage of the entire property. Constructed in 2007 renovated in 2019 - there is no deferred maintenance at this property. The Cascade is an attractive two-story, wood frame/stucco building with controlled-access garage parking and one space dedicated to each residential unit. The residential floorplans are spacious as all of the one bedroom configurations have an office/den which could be utilized as a second bedroom.

Additional Information

Taxes
$14,951
Hoa Fee
$110
HOA Amenities
Controlled Access, Insurance, Pet Rules, Pets Permitted, Sewer Paid, Trash, Water
Interior Features
Den/Office, Disposal, Range/Oven: Free Stdng., Dishwasher: Built-In
Floor
Carpet, Laminate, Tile
Garage Spaces
14
Heating
Gas: Central
Roof
Composition, Tar/Gravel
School District
Salt Lake
Elementary School
Lincoln
Middle School
Clayton
High School
Highland
Style
Other/See Remarks
Living Area
8,335

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Windermere Real Estate-Utah (Salt Lake Branch).