DEVELOPER TEST TENANT

Stories: 3

679 E 2ND AVE N

Salt Lake City , UT 84103

MLS#: 2115644

$1,725,000

Status: Active
Listing number: 2115644
Listing provided by: Partlow Investment Properties, Inc
Listing agent phone: None
Last update: 4 days ago
On site: 4 days ago
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Property

Beds

11

Full Baths

None

1/2 Baths

None

Year Built

1917

Sq.Footage

5,287

TURN-KEY investment property in the Avenues! Fully occupied eight-plex. Easy to rent and easy to manage. Parcel 09-32-353-020 to the west is included in the sale and taxes for that parcel are included in estimated taxes. Scheduled annual rent and tenant paid utility income totals $112,140.00. Tenant's cover ALL utilities. Eight units: one grand 4 bd. 3 bath two level apartment (lease runs through 10/31/26), one studio/1 bd unit, six studio apartments. 97% occupancy rate, 4.6 CAP. The grand unit has forced heat, central air, and has been totally remodeled. The studio/1bd. units have FANTASTIC vintage finishes - honeycomb tile, built-ins, AND modern day, economical mini-split heating and A/C. This building has been meticulously cared for and professionally managed. Do not disturb tenants - no showings prior to an accepted offer. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain independent measurements. Buyer to verify all info.

Features & Amenities

Interior

  • Total Bedrooms

    11

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Patio and Porch Features

    Covered

  • Pool

    No

Area & Lot

  • Lot Features

    Secluded

  • Lot Size(acres)

    0.2

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Stories: 3

Price

  • Sales Price

    $1,725,000

  • Tax Amount

    6132.0

  • Zoning

    SR-1A

  • Sq. Footage

    5, 287

  • Price/SqFt

    $326

HOA

  • Association

    NO

School District

  • Elementary School

    Salt Lake

  • Middle School

    Bryant

  • High School

    West

Property Features

  • Senior Community YN

    NO

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Location

County

Salt Lake

Elementary School

Salt Lake

Middle School

Bryant

High School

West

Listing Courtesy of SAVANNAH CRACRAFT , Partlow Investment Properties, Inc

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Agent EugenePontecorvo

Principal Broker

EugenePontecorvo

Call Eugene today to schedule a private showing.

(815) 780-9623

(815) 780-9623

[email protected]


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TURN-KEY investment property in the Avenues! Fully occupied eight-plex. Easy to rent and easy to manage. Parcel 09-32-353-020 to the west is included in the sale and taxes for that parcel are included in estimated taxes. Scheduled annual rent and tenant paid utility income totals $112,140.00. Tenant's cover ALL utilities. Eight units: one grand 4 bd. 3 bath two level apartment (lease runs through 10/31/26), one studio/1 bd unit, six studio apartments. 97% occupancy rate, 4.6 CAP. The grand unit has forced heat, central air, and has been totally remodeled. The studio/1bd. units have FANTASTIC vintage finishes - honeycomb tile, built-ins, AND modern day, economical mini-split heating and A/C. This building has been meticulously cared for and professionally managed. Do not disturb tenants - no showings prior to an accepted offer. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain independent measurements. Buyer to verify all info.

679 E 2ND AVE N

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