Utah's Premier | OnX Realty

157 S 800 E

Salt Lake City, UT 84102

Stories: 2

Salt Lake City, UT 84102

157 S 800 E

$855,000

MLS#: 2183101

Status: Active

Listing provided by: Masters Utah Real Estate

Listing agent phone: None

Last update: 14 days ago

On site: 14 days ago

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About

Fabulous U of U and downtown multi-unit rental and/or group home facility with new paint and carpet! Fabulous value with room to increase rents throughout! Current rent rates are low and have not been raised in years! This multi-unit property was originally built as an elderly care facility that required overhead water sprinklers, which are currently in place. The property is licensed and used for multi-unit rentals that allow apartment and single-room tenants up to 10 Doors. There is one 2-Bedroom, one-bath and a 1-Bedroom, one-bath apartment on the main floor. There are 8 single room rentals on the second floor that share a common kitchen area and 2 1/2 full baths. This property is perfect "As Is" or can be developed into an Airbnb, Hostel Group Home, or Apartments. The boiler is only a couple of years old, is 90%+ efficient, and represents a $30,000 investment. The roof is also in excellent condition, providing additional peace of mind for the buyer.

Property

Beds

11

Full Baths

None

1/2 Baths

None

Year Built

1935

Sq.Footage

5,989

Features

Features & Amenities

Interior

  • Total Bedrooms

    11

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Hot Water, Radiant

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    5

  • Construction Materials

    Stucco

  • Other Exterior Features

    Lighting

  • Parking

    Detached

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Mountain(s)

Area & Lot

  • Lot Features

    Secluded, Private

  • Lot Size(acres)

    0.22

  • Lot Size(square feet)

    9,583

  • Property Type

    Residential

  • Property Sub Type

    Multi Family

  • Architectural Style

    Stories: 2

Price

  • Sales Price

    $855,000

  • Tax Amount

    $4,500

  • Zoning

    MR GRM

  • Sq. Footage

    5,989

  • Price/SqFt

    $142

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    Salt Lake

  • Middle School

    Bryant

  • High School

    East

Property Features

  • New Construction

    NO

  • Accessibility Features

    Accessible Doors

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

Schedule

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Location

  • County

    Salt Lake

  • Elementary School

    Salt Lake

  • Middle School

    Bryant

  • High School

    East

Listing Courtesy of Terry Cononelos, Masters Utah Real Estate

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157 S 800 E

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