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Incredible investment opportunity located in the heart of Murray! Three properties in a row all zoned commercial, Residential, and MCCD. Which allows for opportunities for potential residents, investors or business owners. This property allows for many options and the zoning has already been approved for either (buyer to verify all). The location is prime and within walking distance from a variety of both historic buildings and new amenities such as the new Murray City Hall, the upcoming remodeled Murray Theater, the Murray Park, Murray Museum, restaurants, hotels, bars, the hospital, and much more. Additional information: The purchase price includes parcel number's 22-07-111-013 (149 E. Vine Street). 22-07111-016 (163 E Vine Street). All need to be sold together as is. (1) No showings prior to making an offer- make offer contingent based on a walkthrough/due diligence. Feel free to drive by but please don't disturb the tenants. (2) Serious offers received will be reviewed by the Seller to finalize showings for potential buyers. (3) Seller has plans for what was intended to be built in all three lots which can be viewed in attachments. (4) Leases on all 4 buildings are until June 2024. (5) Sale price is negotiable if seller can be involved in the development of the property. Square footage figures are provided as a courtesy estimate only and were obtained from county records . Buyer is advised to obtain an independent measurement. and to verify all, including zoning and any potential development. Rents: 149 E Vine: Duplex rents for each side $1,200 a month plus utilities. 155 E. Vine: Duplex rents for each side $1,200 a month plus utilities. 157 E. Vine office space behind 157 E. rents for $800.00 a month plus utilities. 163 E. Vine single family home rents at $1,800 a month plus utilities.
DAYS ON MARKET | 140 | LAST UPDATED | 4/29/2024 |
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YEAR BUILT | 1903 | COMMUNITY | Murray; Taylorsvl; Midvale |
COUNTY | Salt Lake | STATUS | Pending |
PROPERTY TYPE(S) | Multi Family |
Elementary School | Parkside |
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Jr. High School | Hillcrest |
High School | Murray |
PRICE HISTORY | |
Prior to Mar 6, '24 | $840,000 |
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Mar 6, '24 - Today | $1,790,000 |
ADDITIONAL DETAILS | |
AREA | Murray; Taylorsvl; Midvale |
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HEAT | None |
LOT | 0.25 acre(s) |
LOT DIMENSIONS | 0.0x0.0x0.0 |
STYLE | Side By Side |
TAXES | 4131 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with K Real Estate
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