Northmarq is pleased to present this established 8-plex located in downtown Salt Lake City. Value-add opportunity, property consists of 8 studio apartments in an ideal location. The property is within walking distance of restaurants, shopping and public transit. The following and more make the 8-plex a great investment: 5-minute walk… Read More to the UTA TRAX Jackson/Euclid Station,Less than a 10-minute drive to the University of Utah. With a young overall median age, high rate of college graduates, and the highest population growth rate in the country, demand for housing in Salt Lake City will continue to increase. Utah remains at the top of the list for national job growth and Salt Lake Valley has proven to be one of the nation's strongest multifamily markets. Easy access to both downtown and outdoor activities makes this property an incredible acquisition opportunity! Read Less
Courtesy of Mark D. Numbers, Northmarq Multifamily LLC 801-201-8565
Listing Snapshot
Days Online
10
Last Updated
Property Type
> 4 Units
Beds
8
Square Ft.
2,208
Lot Size
0.23 Acres
Year Built
1961
MLS Number
2083945
Additional Details
Building
Architectural Style: Stories: 2, Building Area Total: 2208, Construction Materials: Cinder Block, Living Area: 2208, Living Area Units: Square Feet, Year Built: 1961
Property
Current Use: Residential, Direction Faces: East, Parcel Number: 08-35-426-013, Property Condition: Blt./Standing, Property Sub Type: > 4 Units, Property Type: Residential, Vegetation: Landscaping: Full
Floors
Flooring: Carpet, Tile
Lot
Lot Size Acres: 0.23, Lot Size Area: 0.23, Lot Size Dimensions: 0.0x0.0x0.0, Lot Size Square Feet: 10018, Lot Size Units: Acres
Garage
Open Parking Spaces: 8
Parking
Parking Total: 8
Taxes
Tax Annual Amount: 4195
Water Features
Water Source: Culinary
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