Rare opportunity to acquire a large-unit 8-plex steps from the University of Utah. Each of the eight units offers approximately 1,100 square feet with a 2-bedroom / 1-bathroom layout, an ideal configuration for both traditional leasing and student-oriented rental models. Strong location within walking distance to campus, transit, and downtown Salt Lake City supports consistent tenant demand. The property offers cosmetic value-add potential and operational upside through rental strategy improvements. Historically operated under multiple leasing structures, providing flexibility for investors to optimize income (buyer to verify). Owner/Agent.
96 days
|
109
|
3
|
Zillow last checked:
Listing updated:
Listed by:
Porter Criddle801-694-5291,
Investment Realty Advisors LLC,
Joseph Mills801-971-2542,
Investment Realty Advisors LLC
Source: UtahRealEstate.com,MLS#: 2155284
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 16
Bathrooms: 8
Heating
Central
Appliances
Included: Disposal, Free-Standing Range
Features
Flooring: Carpet, Laminate, Vinyl
Windows: Blinds
Has fireplace: No
Interior area
Total structure area: 9,563
Total interior livable area: 9,563 sqft
Property
Parking
Total spaces: 12
Parking features: Covered
Garage spaces: 2
Carport spaces: 8
Covered spaces: 10
Uncovered spaces: 2
Features
Levels: Three Or More
Has view: Yes
View description: Mountain(s)
Lot
Size: 0.27 Acres
Features: Sprinkler: Auto-Full
Topography: Terrain
Residential vegetation: Landscaping: Full
Details
Parcel number: 1605408055
Zoning: R-2
Zoning description: Multi-Family
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick
Roof: Membrane
Condition
Blt./Standing
New construction: No
Year built: 1973
Utilities & green energy
Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.