Utah's Premier | OnX Realty

Stories: 2

245 S 800 E

Salt Lake City, UT 84102

MLS#: 2150580

$1,999,000

Status: Active
Listing number: 2150580
Listing provided by: Newmark Mountain West
Listing agent phone: None
Last update: 2 days ago
New on site 2 days ago
Browse Properties
PLAT B - Residential Income

Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1960

Sq.Footage

5,175

Strategically located in the heart of the "East Central" neighborhood, this eight-plex represents a premier opportunity to acquire a turnkey, stabilized asset in one of Salt Lake City's most high-demand rental corridors. This property consist of Eight fully renovated One Bed / One Bath Units. Having undergone a comprehensive remodel in 2021, the property features modern interiors and updated systems. Fully updated interiors, plumbing, electrical, individual central air units, new roof, new water and sewer main line, and a new parking lot drainage system was installed to carry surface water around the building and out to the street, significantly reducing near-term capital expenditure risks for a new owner. Positioned perfectly between the University of Utah and Downtown Salt Lake City, the property caters to a high-quality tenant base of young professionals and students, ensuring consistently high occupancy.

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    Covered

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.21

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Stories: 2

Price

  • Sales Price

    $1,999,000

  • Tax Amount

    $10,108

  • Zoning

    RMF-35

  • Sq. Footage

    5, 175

  • Price/SqFt

    $386

HOA

  • Association

    No

School District

  • Elementary School

    Salt Lake

  • Middle School

    Bryant

  • High School

    East

Property Features

  • Senior Community YN

    NO

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Location

County

Salt Lake

Elementary School

Salt Lake

Middle School

Bryant

High School

East

Listing Courtesy of Jacob S Nielson , Newmark Mountain West

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Agent Summer Luke

Principal Broker | Realtor®

Summer Luke

Call Summer today to schedule a private showing.

(801) 882-3300

Summer@OnXrealty.com


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Strategically located in the heart of the "East Central" neighborhood, this eight-plex represents a premier opportunity to acquire a turnkey, stabilized asset in one of Salt Lake City's most high-demand rental corridors. This property consist of Eight fully renovated One Bed / One Bath Units. Having undergone a comprehensive remodel in 2021, the property features modern interiors and updated systems. Fully updated interiors, plumbing, electrical, individual central air units, new roof, new water and sewer main line, and a new parking lot drainage system was installed to carry surface water around the building and out to the street, significantly reducing near-term capital expenditure risks for a new owner. Positioned perfectly between the University of Utah and Downtown Salt Lake City, the property caters to a high-quality tenant base of young professionals and students, ensuring consistently high occupancy.

245 S 800 E

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