$1,270,000

527 N DEXTER ST Salt Lake City, UT 84116

Beds: 0
Baths:
Sq Ft: 9750
Type: Multi Unit
MLS#: 1409000
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Estimated Monthly Payment

$5,051
Interest Rate %
Down Payment
5 year
15 year
30 year

This twelve-unit complex has a fantastic location at the edge of the growing Marmalade District-a hard-to-find opportunity in a location that's worth your investment! The twelve units are spread among three four-plex buildings on a half-acre lot with mature trees, nice landscaping, and ample parking. All units are spacious with two bedrooms, one bathroom, laundry hookups, carport parking, and exterior storage units. This property was purchased with deferred maintenance, vacancies, past due rents, problem tenants, and with all units needing some extent of repair or complete renovation. With professional management, significant capital improvement, extensive repairs, and tenant cycling, the property has been transitioned to a reliable and secure investment. Mix of long term and month-to-month leases. Recent leases signed at $725 / month. Tenants pay gas, electric, and cable; owner pays water, common area electricity, and garbage. Please do not disturb tenants. Offer subject to showing.

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DescriptionInterior & Exterior Features

Interior Features Include:

Disposal, Range/Oven: Built-In

Window Cov: Blinds

Heating: Forced Air, Gas: Central

Floor Type: Carpet, Linoleum


Exterior Features Include:

Balcony

Acreage: 0.5500 Acres

Lot: Fenced: Part, Road: Paved, Secluded Yard, Sidewalks, Sprinkler: Auto-Part, Terrain, Flat, View: Mountain
Landscape Landscaping: Full, Mature Trees

Roof: Asbestos Shingles

Exterior: Aluminum/Vinyl, Brick

Garage/Parking: Detached, Parking: Covered
Driveway Asphalt

Carport Capacity: 12

Other Features Include:

Inclusions: Range, Refrigerator, Window Coverings

Amenities: Cable Tv Wired

Water: Culinary


Utilities Gas: Connected, Power: Connected, Sewer: Connected, Sewer: Public, Water: Connected
Storage Carport
Taxes 6647


School District: Salt Lake

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Information deemed reliable but not guaranteed accurate. Buyer to verify all information.The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2014 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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