376 E 5TH AVE N new

Salt Lake City,UT 84103

$ 1599000

6 Beds

5 Baths

6240 SqFt


Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,240 sqft

Price per Sqft $256

Subdivision Avenues

MLS Listing ID 2033850

Style Five-Plex

Bedrooms 6

Construction Status Blt./Standing

HOA Y/N No

Year Built 1900

Annual Tax Amount $6,919

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 0.0x0.0x0.0

Property Description

$118,200 Gross Annual Rent. Fully occupied with 12 month leases. All 5 units newly renovated. Renovated kitchens, bathrooms, new boiler, new water line to the street, new electrical, new plumbing. Little to no maintenance given all the improvements. Net Operating Income: $97,592.96. CAP Rate: 6%. Perfect Location! Curb appeal! Turn-key.

Location

State UT

County Salt Lake

Area Salt Lake City: Avenues Area

Zoning Multi-Family

Interior

Interior Features Alarm: Fire,Dishwasher: Built-In

Heating Forced Air,Gas: Central,Hot Water

Inclusions Dryer, Refrigerator, Washer, Window Coverings

Equipment Window Coverings

Fireplace No

Window Features Blinds,Drapes

Exterior

Exterior Feature Basement Entrance,Entry (Foyer),Porch: Open

Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected

Waterfront No

View Y/N No

Roof Type Asphalt

Present Use Residential

Topography Corner Lot, Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Full

Handicap Access Accessible Doors,Accessible Hallway(s),Accessible Electrical and Environmental Controls,Single Level Living

Porch Porch: Open

Total Parking Spaces 5

Private Pool false

Building

Lot Description Corner Lot,Curb & Gutter,Fenced: Part,Road: Paved,Sidewalks,Sprinkler: Auto-Full

Faces North

Sewer Sewer: Connected,Sewer: Public

Water Culinary

Structure Type Brick,Frame

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Ensign

Middle Schools Bryant

High Schools West

School District Salt Lake

Others

Senior Community No

Tax ID 09-31-409-007

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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