157 S 800 E, Salt Lake City, UT 84102
157 S 800 E, Salt Lake City, UT 84102
157 S 800 E, Salt Lake City, UT 84102
36
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$855,000
Est. payment /mo
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11 Beds
5 Baths
5,989 SqFt
New

157 S 800 E Salt Lake City, UT 84102

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Tim Giles

Tim Giles

+1(801) 602-1084

UPDATED:

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,989 sqft

Price per Sqft $142

MLS Listing ID 2183101

Style Stories: 2

Bedrooms 11

Construction Status Blt./Standing

HOA Y/N No

Year Built 1935

Annual Tax Amount $4,500

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

Fabulous U of U and downtown multi-unit rental and/or group home facility with new paint and carpet! Fabulous value with room to increase rents throughout! Current rent rates are low and have not been raised in years! This multi-unit property was originally built as an elderly care facility that required overhead water sprinklers, which are currently in place. The property is licensed and used for multi-unit rentals that allow apartment and single-room tenants up to 10 Doors. There is one 2-Bedroom, one-bath and a 1-Bedroom, one-bath apartment on the main floor. There are 8 single room rentals on the second floor that share a common kitchen area and 2 1/2 full baths. This property is perfect "As Is" or can be developed into an Airbnb, Hostel Group Home, or Apartments. The boiler is only a couple of years old, is 90%+ efficient, and represents a $30,000 investment. The roof is also in excellent condition, providing additional peace of mind for the buyer.

Location

State UT

County Salt Lake

Area Salt Lake City; So. Salt Lake

Zoning Multi-Family

Interior

Flooring Carpet, Hardwood, Linoleum, Vinyl

Fireplace No

Window Features Blinds,Drapes,Part

Exterior

Exterior Feature Entry (Foyer), Lighting

Garage Spaces 5.0

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

View Y/N Yes

View Mountain(s)

Roof Type Asphalt

Present Use Residential

Topography Curb & Gutter, Fenced: Part, Road: Paved, Secluded Yard, Sidewalks, Terrain, Flat, View: Mountain, Private

Handicap Access Accessible Doors

Total Parking Spaces 15

Private Pool No

Building

Lot Description Curb & Gutter, Fenced: Part, Road: Paved, Secluded, Sidewalks, View: Mountain, Private

Faces West

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Architectural Style Stories: 2

Structure Type Stucco

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Wasatch

Middle Schools Bryant

High Schools East

School District Salt Lake

Others

Senior Community No

Tax ID 16-05-161-005

Acceptable Financing Cash, Commercial Fin. Req., Seller Finance

Listing Terms Cash, Commercial Fin. Req., Seller Finance

Listed by Masters Utah Real Estate

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Tim Giles

Tim Giles

+1(801) 602-1084

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157 S 800 E