245 S 800 E, Salt Lake City, UT 84102
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245 S 800 E, Salt Lake City, UT 84102
245 S 800 E, Salt Lake City, UT 84102
245 S 800 E, Salt Lake City, UT 84102
245 S 800 E, Salt Lake City, UT 84102
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Natalie Guilds

Natalie Guilds

+1(646) 407-7270
$ 1,999,000
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245 S 800 E Salt Lake City, UT 84102

8 Beds

8 Baths

5,175 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,175 sqft

Price per Sqft $386

Subdivision Plat B

MLS Listing ID 2150580

Style Stories: 2

Bedrooms 8

Construction Status Blt./Standing

HOA Y/N No

Year Built 1960

Annual Tax Amount $10,108

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

Strategically located in the heart of the "East Central" neighborhood, this eight-plex represents a premier opportunity to acquire a turnkey, stabilized asset in one of Salt Lake City's most high-demand rental corridors. This property consist of Eight fully renovated One Bed / One Bath Units. Having undergone a comprehensive remodel in 2021, the property features modern interiors and updated systems. Fully updated interiors, plumbing, electrical, individual central air units, new roof, new water and sewer main line, and a new parking lot drainage system was installed to carry surface water around the building and out to the street, significantly reducing near-term capital expenditure risks for a new owner. Positioned perfectly between the University of Utah and Downtown Salt Lake City, the property caters to a high-quality tenant base of young professionals and students, ensuring consistently high occupancy.

Location

State UT

County Salt Lake

Area Salt Lake City; So. Salt Lake

Zoning Multi-Family

Interior

Heating Gas: Central

Flooring Hardwood

Fireplace No

Window Features Blinds

Exterior

Carport Spaces 8

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

View Y/N No

Roof Type Composition

Present Use Residential

Total Parking Spaces 8

Private Pool No

Building

Sewer Sewer: Available

Water Culinary

Architectural Style Stories: 2

Structure Type Composition,Stucco

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Wasatch

Middle Schools Bryant

High Schools East

School District Salt Lake

Others

Senior Community No

Tax ID 16-05-164-002

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Listed by Newmark Mountain West

NEARBY SCHOOLS & PROPERTIES

Natalie Guilds

Natalie Guilds

Global Real Estate Advisor | License ID: 12957026-SA00

+1(646) 407-7270

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245 S 800 E