Description
Welcome to the SULA, a rarely available 7-plex in the heart of the Avenues near the University of Utah. Stunning historical architecture offers a sense of significance in this urban neighborhood within walking distance of downtown Salt Lake City. High quality tenants are drawn to the property because of the charming interior upgrades and the pristine brick exterior. Hardwood floors, original fireplaces, balconies straight out of the French Quarter, remodeled bathrooms and kitchens give the units a sense of modern appeal and functionality. Exposed brick walls on the interior warm the space up while the tall ceilings give the units a sense of grandeur. All units are fully rented and are equipped with fire escapes as needed. Three of the units have their own washer/dryer units and 5 of the units have dishwashers. Head next door to Java Joes for your morning coffee, swing down the street to Cucina's Deli on 2nd Ave for a light lunch or walk up to Wildwood for an elegant dining experience. The Avenues is a perfect walking destination. Finally an investment property that reflects your style! (Gross Rents annually $142,620. Inspections are subject to Offer, PLEASE DO NOT DISTURB TENANTS)
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12BEDS
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0.11ACRES
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7BATHS
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01/2 BATHS
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6,534SQFT
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$383$/SQFT
School Information
Description
Welcome to the SULA, a rarely available 7-plex in the heart of the Avenues near the University of Utah. Stunning historical architecture offers a sense of significance in this urban neighborhood within walking distance of downtown Salt Lake City. High quality tenants are drawn to the property because of the charming interior upgrades and the pristine brick exterior. Hardwood floors, original fireplaces, balconies straight out of the French Quarter, remodeled bathrooms and kitchens give the units a sense of modern appeal and functionality. Exposed brick walls on the interior warm the space up while the tall ceilings give the units a sense of grandeur. All units are fully rented and are equipped with fire escapes as needed. Three of the units have their own washer/dryer units and 5 of the units have dishwashers. Head next door to Java Joes for your morning coffee, swing down the street to Cucina's Deli on 2nd Ave for a light lunch or walk up to Wildwood for an elegant dining experience. The Avenues is a perfect walking destination. Finally an investment property that reflects your style! (Gross Rents annually $142,620. Inspections are subject to Offer, PLEASE DO NOT DISTURB TENANTS)
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-09-21T04:55:59.327. 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.