Perfect investment opportunity in Salt Lake City. Long term tenant. Unit is well taken care of. The property is currently involved with a rental cap agreement that expires in 2025. When the agreement expires, the property rents are subject only to free market forces and then at that point can be owner occupied. Current rental cap is $1,000 and the tenant pays $995 on a month to month lease. The property is managed by a property manager, so very little owner involvement needed. Square footage from county records and provided as a courtesy estimate only, buyer to verify. Non-owner occupied investment property under section 42.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.