**PRICE IMPROVEMENT** Don't miss this rare chance to own a large 8-plex in one of Salt Lake City's most desirable rental markets! Ideally located within 5 minutes walking distance to the University of Utah, near public transit, and downtown Salt Lake City, this property offers an unbeatable location for tenants. Each of the eight units boasts a spacious 1, 100 sq. Ft. Layout featuring 2 bedrooms and 1 bathroom. With cosmetic renovation potential, there is a great opportunity to increase rents and maximize returns. No Seller Financing Available. Prior owner rented to students by the bed with four beds per two bedroom up to 32 beds. A buyer could explore going back to this option, and may be able to get around $600/bed x 32 = $19, 200/mo x 12 = $230, 400/yr. This option is not guaranteed but may be something to look into. Currently the units are rented individually, some by the room. All measurements are provided as a courtesy. Buyer to verify all information independently. Owner/Agent.Show Description MLS® Number2071896
Laundry Level
Central VacNo
FireplaceNo
Acreage0.27
Exterior
GarageYes
Approx. Age1973
Basement
DrivewayCovered
Garage Spaces
HeatGas: Central
A/C
Heating Fuel
Microwave, Range, Refrigerator
