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Coldwell Banker Real Estate Services
(724) 776-2900

3678 S 500 E, Salt Lake City, UT 84106

  • $2,450,000

  • MLS#: 1615827
  • beds: 24
  • baths: 16

Listing Presented By

Joseph Walker
KW Utah Realtors Keller Williams
(801) 858-0000

> 4 Units, 2 - Story - Salt Lake City, UT

Once in a lifetime opportunity to own 10 rental units right in the heart of SLC. WELL LOCATED 5 Duplex property with 1 duplex configured 1750 sqft 4bed/2bath and 4 duplexes configured 1250 soft 2/bed/1.5bath. Huge potential to raise rents. Zero deferred maintenance. Fully occupied. Owner has kept rents low to keep long term tenants. Rents include $50 per mon. lease signing and late payment collections that owner collects on an annual basis on top of rent. 5% Cap with 7.5% management fee factored in (see attachment for Cap Rate calculation). Recently repaved parking with 6" of asphalt instead of the 4" required and new curbing. Fully-remodeled, well maintained units offers probable growth levels of cash-flow and appreciation, with minimal foreseeable capital expenditures. Features: covered parking, central air, remodeled kitchens with new appliances, cabinets, and granite countertops.

  • $2,450,000
  • Multi-family
  • MLS#: 1615827
  • 24 Bedrooms
  • 16 Full Bathrooms
  • Square Footage: 13,500
  • Built In: 1973
  • Last Updated: July 12, 2019
  • Posted: July 12, 2019

3678 S 500 E, Salt Lake City, UT 84106 MLS#: 1615827

3678 S 500 E, Salt Lake City, UT 84106 is an bedroom: 24, bathroom: 16 Multi-family in Salt Lake City, Utah for $2,450,000 with MLS#: 1615827 and offered by Joseph Walker of KW Utah Realtors Keller Williams. To learn more about 3678 S 500 E, Salt Lake City, UT 84106 contact Joseph Walker for more information or to request a showing.


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