Description
This historic duplex occupies an incredible location, location, location on which it has sat since 1906. A city-dweller's paradise, this property is within a block of TRAX, four grocers, and a couple restaurants, with numerous other eateries, shops, and services minutes from your doors. In addition to excellent walkability, a dedicated bike lane on 300 S will take you all the way to the U, where you can be well inside the campus in 10 minutes. This property has great systems and upgrades, making your land lording life easier. Brand new 20k mini split heats and cools the front, while the back is heated with a 6 yr old 98% efficient furnace, and four newer window cooling units. Front unit features refinished hardwood floors and updated bathroom with new tile. Rear unit has newer paint, new bathroom flooring, new carpet, and lighting. Finally, its main sewer line has been replaced. What an excellent opportunity for a parent & student and/or investor to occupy and/or rent out this wonderful downtown Salt Lake City duplex. Rents are slightly low and easily able to achieve 5% CAP rate. Call Aaron today to find out more about how this property can work for you. All appliances to be included. Please write offers subject to inspection. Leases are currently month-to-month. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
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4BEDS
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0.11ACRES
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2BATHS
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01/2 BATHS
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3,012SQFT
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$262$/SQFT
School Information
Description
This historic duplex occupies an incredible location, location, location on which it has sat since 1906. A city-dweller's paradise, this property is within a block of TRAX, four grocers, and a couple restaurants, with numerous other eateries, shops, and services minutes from your doors. In addition to excellent walkability, a dedicated bike lane on 300 S will take you all the way to the U, where you can be well inside the campus in 10 minutes. This property has great systems and upgrades, making your land lording life easier. Brand new 20k mini split heats and cools the front, while the back is heated with a 6 yr old 98% efficient furnace, and four newer window cooling units. Front unit features refinished hardwood floors and updated bathroom with new tile. Rear unit has newer paint, new bathroom flooring, new carpet, and lighting. Finally, its main sewer line has been replaced. What an excellent opportunity for a parent & student and/or investor to occupy and/or rent out this wonderful downtown Salt Lake City duplex. Rents are slightly low and easily able to achieve 5% CAP rate. Call Aaron today to find out more about how this property can work for you. All appliances to be included. Please write offers subject to inspection. Leases are currently month-to-month. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-06-07T13:38:21.253. 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.