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Laurel Simmons
Summit Sotheby's International Realty
Summit Sotheby's International Realty home

3175 900
3175 900 Salt Lake City, Utah 84106 United States

$5,900,000
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This development consists of 5 Duplexes (5bd/3ba,2 car garage units.) One single-family home (5 bd/2ba) and a second single-family home (2bd/1ba). This is a highly desirable area and these units offer high rental rates with relatively low...

MS2 & Associates, L.L.C.

Listing Courtesy of MS2 & Associates, L.L.C.
$5,900,000
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10
Bedrooms
3,900 Sq Ft.
Interior
.32 Acres
Exterior
Single Family Homes
Property type
2005
Year Built
1770202
Web Id
Salt Lake City
School District
Nibley Park
Elementary
Hillside
Middle
Highland
High
34
days ago
This Property is Currently Contract Pending

About 3175 900

This development consists of 5 Duplexes (5bd/3ba,2 car garage units.) One single-family home (5 bd/2ba) and a second single-family home (2bd/1ba). This is a highly desirable area and these units offer high rental rates with relatively low expenses. The rents are currently priced well under current rental rates for the area. Increasing the rents of the duplexes to $2800 - $3000 per unit will dramatically increase the cash flow. One single-family home is also priced well below current rental rates. It should be noted that there is room for expansion in this development. Since it is already zoned for multi-unit properties, a buyer could tear down the two-family homes and replace them with triplex units on each side. This will dramatically increase the monthly rental income. Each duplex and single-family home has its own parcel number.16-29-329-041, 16-29-329-063, 16-29-329-055, 16-29-329-058, 16-29-329-062, 16-29-329-061, 16-29-329-056.

Listing Courtesy of MS2 & Associates, L.L.C. ,WFR MLS

features

Style
Stucco
Additional Listing Type
In Contract

PROPERTY INFORMATION

Garage Info
2

ADDITIONAL INFORMATION

Number of Units
2
Listing Courtesy of MS2 & Associates, L.L.C.

MS2 & Associates, L.L.C.

Listing Courtesy of MS2 & Associates, L.L.C.
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