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1032 E 400 S , 206B

Salt Lake City, UT 84102
  • $259,900
  • STATUS: Active Under Contract
  • ON SITE: 15 Days
  • ID#: 1851959
Under Contract
UPDATED: 42 min ago
$259,900
  • 2
    BEDS
  • 0.01
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 950
    SQFT
  • $274
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1972
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Huge investment opportunity! Come take advantage of this extremely low pricing. The location of this condo cannot be beat!! This is a two bedroom condo within walking distance to the University of Utah campus! So why is this condo $100k under valued? Because it's currently undergoing renovations from a fire that took place in the complex over a year ago. The subject unit did not catch fire, but being on the main floor, it has heavy water damage. The HOA Insurance is currently in the works of getting the required permits to begin reconstruction. With the inability to occupy, this is a CASH only or seller financing deal. If you'd like to take advantage of the seller financing, the terms are simple, $20k down payment, 24 months, at 4%. Incredible investment opportunity with very little money down for those who are patient while the building is renovated.

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-12-03T10:39:22.043. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
www.powdermountainre.com/homes/134852649
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1032 E 400 S , 206B Salt Lake City, UT 84102

  • Price: $259,900
  • Status: Active Under Contract
  • On Site: 15 Days
  • Updated: 42 min ago
  • ID#: 1851959
2
Beds
1
Baths
0
½ Baths
0.01
Acres
950
SQFT
$274
$/SQFT
1972
Built
Neighborhood:
Incline Terrace
County:
Salt Lake
Area:
Salt Lake City; So. Salt Lake
Elementary School:
Bennion (M Lynn)
Middle School:
Bryant
High School:
East
School District:
Salt Lake
Property Description
Huge investment opportunity! Come take advantage of this extremely low pricing. The location of this condo cannot be beat!! This is a two bedroom condo within walking distance to the University of Utah campus! So why is this condo $100k under valued? Because it's currently undergoing renovations from a fire that took place in the complex over a year ago. The subject unit did not catch fire, but being on the main floor, it has heavy water damage. The HOA Insurance is currently in the works of getting the required permits to begin reconstruction. With the inability to occupy, this is a CASH only or seller financing deal. If you'd like to take advantage of the seller financing, the terms are simple, $20k down payment, 24 months, at 4%. Incredible investment opportunity with very little money down for those who are patient while the building is renovated.
Exterior Features

Architectural Style Condo; Main Level Attached Garage YN No Carport YN No Construction Materials BrickCedar Construction Status Blt./Standing Covered Spaces 0 Exterior Features Double Pane WindowsPatio: CoveredSliding Glass DoorsWalkoutPatio: Open Frontage Length 0.0 Garage YN No Horse Property YN No Lot Features Curb & GutterFenced: PartRoad: PavedSecludedSidewalksSprinkler: Auto-FullTerrain: Grad SlopePrivate Lot Size Dimensions 0.0X0.0X0.0 Mobile Length 0 Mobile Width 0 Open Parking Spaces 1 Open Parking YN Yes Parking Features Parking: Uncovered Parking Total 1 Patio And Porch Features CoveredPatio: Open Pool Features GuniteHeatedIn Ground Pool Private YN Yes Roof Asphalt RVParking Dimensions 0.00 Spa YN No Topography Curb & GutterFenced: PartRoad: PavedSecluded YardSidewalksSprinkler: Auto-FullTerrain: Grad SlopePrivate Vegetation Landscaping: FullMature TreesPines View YN No Waterfront YN No

Interior Features

Above Grade Finished Area 950 Accessibility Features Accessible Elevator Installed Basement None Bathrooms Total 1 Building Area Total 950 Cooling Central Air Cooling YN Yes Fireplace YN No Flooring CarpetHardwoodTile Heating Forced AirGas: Central Heating YN True Interior Features Alarm: FireDisposalKitchen: UpdatedRange/Oven: Free Stdng.Granite Countertops Main Level Bedrooms 2 Master Bedroom Level Floor: 1st Rooms Total 5

Property Features

Association Amenities BarbecueControlled AccessEarthquake InsuranceFitness CenterInsuranceMaintenanceOn Site SecurityManagementPoolSaunaSewer PaidSnow RemovalSpa/Hot TubStorageTrashWater Association Fee 245 Association Fee Frequency Monthly Association Fee Includes InsuranceMaintenance GroundsSewerTrashWater Association YN Yes Community Features Clubhouse Cross Street 400 Current Use Residential Exclusions See RemarksDryerRange HoodWasher Inclusions See Remarks Irrigation Water Rights Acres 0 Lease Considered YN No Listing Terms See RemarksCashSeller Finance New Construction YN No Ownership Property Owner Property Attached YN No Property Condition Blt./Standing Property Sub Type Condominium Senior Community YN No Sewer Sewer: ConnectedSewer: Public Tax Annual Amount 1000 Utilities Natural Gas ConnectedElectricity ConnectedSewer ConnectedSewer: PublicWater Connected Water Source Culinary Zoning Multi-Family Zoning Description Rmf-45

Listing provided courtesy of Kw Westfield: [IDXCONTACTINFORMATION]. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2022 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-12-03T10:39:22.043. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
 
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