$4,250,000
Beds:
26
Sqft:
12,584
Sqft lot:
11,325
Acre lot:
0.26
59 Days On Market -
Courtesy of Joseph Ellis, Flat Rate Homes 801-441-7283
Status:
Active
Property Type:
> 4 Units
Year Built:
2018
Neighborhood:
Hunter's
Days On Website:
59
Description
An incredible investment opportunity in the heart of Salt Lake City! The current loan on the property is assumable at 4.67%! The 13 unit property sits on 0.26 acres and has 100% occupancy year-round. The neighborhood is incredibly diverse and is within short walking distance to downtown, restaurants, shops, and a Trax station. In current rental agreements, the tenant pays power and gas utilities; the owner pays water, sewer, trash, and internet utilities. Yearly costs are listed above. There are 5 parking spaces included and the owner has had tenants pay $100 extra per month for a parking spot. Extra rent is also charged for pets. Roof deicers are installed to melt the snow during the winter. There is a maintenance shed for the property in the back parking area. This property is fully landscaped and was designed to be very low maintenance. Current rents have been kept on the low-end, and are very competitive in this market. Each unit was designed with separate utilities, and can be easily converted to townhomes in the future. With the Olympics coming back to Salt Lake, this is the perfect time to jump at this opportunity!
Features
Building
- Architectural Style: Stories: 2
- Building Area Total: 12584
- Construction Materials: Composition,Stucco
- Living Area: 12584
- Living Area Units: Square Feet
- Year Built: 2018
Bathrooms
- Bathrooms Total Integer: 39
Bedrooms
- Bedrooms Total: 26
Location
- City: Salt Lake City
- Country: US
- County Or Parish: Salt Lake
- Cross Street: 250
- MLS Area Major: Salt Lake City; So. Salt Lake
- Postal City: Salt Lake City
- Postal Code: 84101
- State Or Province: UT
- Street Dir Prefix: S
- Street Name: WASHINGTON
- Street Number: 928
- Street Number Numeric: 928
- Street Suffix: ST
- Subdivision Name: HUNTER'S
- Unparsed Address: 928 S WASHINGTON ST
Property
- Current Use: Residential
- Parcel Number: 15-12-257-027
- Property Condition: Blt./Standing
- Property Sub Type: > 4 Units
- Property Type: Residential
- Vegetation: Landscaping: Full,Xeriscaped
Schools
- Elementary School: Liberty
- Elementary School District: Salt Lake
- High School: Highland
- High School District: Salt Lake
- Middle Or Junior School: Clayton
- Middle Or Junior School District: Salt Lake
Exterior Features
- Exterior Features: Patio: Open
- Patio And Porch Features: Patio: Open
Floors
- Flooring: Carpet,Laminate,Tile
Heating
- Heating: Gas: Central
- Heating YN: t
Interior Features
- Interior Features: Bath: Master,Disposal,Range/Oven: Free Stdng.,Dishwasher: Built-In
Listing
- Listing Id: 2025190
- Listing Terms: Assumable,Cash,Conventional
- List Price: 4250000
- Mls Status: Active
- Number Of Units Total: 13
- Standard Status: Active
Lot
- Lot Features: Fenced: Full,Private
- Lot Size Acres: 0.26
- Lot Size Area: 0.26
- Lot Size Dimensions: 0.0x0.0x0.0
- Lot Size Square Feet: 11325
- Lot Size Units: Acres
- Topography: Fenced: Full, Terrain, Flat, Private
Garage
- Open Parking Spaces: 5
Parking
- Parking Total: 5
Taxes
- Tax Annual Amount: 19650
Utilities
- Utilities: Natural Gas Connected,Electricity Connected,Sewer: Public,Water Connected
Water Features
- Water Source: Culinary
Windows
- Window Features: Blinds
Property Map
Map View
$4,250,000 - 928 S Washington St, Salt Lake City, UT 84101
Street View
Directions
928 S Washington St
Salt Lake City, UT 84101
City: Salt Lake City