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$118,200 Gross Annual Rent. Fully occupied with 12 month leases. All 5 units newly renovated. Renovated kitchens, bathrooms, new boiler, new water line to the street, new electrical, new plumbing. Little to no maintenance given all the improvements. Net Operating Income: $97,592.96. CAP Rate: 6%. Perfect Location! Curb appeal! Turn-key.
DAYS ON MARKET | 2 | LAST UPDATED | 11/12/2024 |
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TRACT | AVENUES | YEAR BUILT | 1900 |
COMMUNITY | Salt Lake City: Avenues Area | COUNTY | Salt Lake |
STATUS | Active | PROPERTY TYPE(S) | Multi Family |
Elementary School | Ensign |
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Jr. High School | Bryant |
High School | West |
ADDITIONAL DETAILS | |
AIR | None |
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APPLIANCES | Dishwasher |
AREA | Salt Lake City: Avenues Area |
CONSTRUCTION | Brick, Frame |
HEAT | Central, Forced Air, Hot Water, Natural Gas |
LOT | 6098 sq ft |
LOT DESCRIPTION | Corner Lot |
LOT DIMENSIONS | 0.0x0.0x0.0 |
SEWER | Public Sewer |
STYLE | Five-Plex |
SUBDIVISION | AVENUES |
TAXES | 6919 |
UTILITIES | Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected |
ZONING | SR-1 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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