25 W BURTON S South Salt Lake, UT 84115
12 studio apartments and 2 small commercial spaces. Clean brick building with brand new membrane roof. Each studio unit is approximately 490 square feet (sq. ft. from county records) . Main floor units have through-wall electric a.c. Second floor units have swamp coolers. Office/studio space was formerly leased to a management company, but is currently vacant. 2 Commercial units share one public restroom. Many long term tenants with low rents. New units renting for $550 per month. Property is situated in the newly designated South Salt Lake Downtown. It is part of the Center Pointe Urban Renewal Area which includes transportation hubs with 2 TRAX lines, retail, housing, parks and trails etc. Here is a link to the master plan: http://www.southsaltlakecity.com/uploads/departments/ComDevelopment/Downtown_Master_Plan_120215.pdf Owner has begun talks with South Salt Lake to convert the two commercial spaces into 2 additional residential studios. This has not been permitted yet, but has the potential of adding 2 additional units. Rent roll attached.
Interior Features Include:
Window Cov: Blinds
Heating: Hot Water
Exterior Features Include:
Acreage: 0.2200 Acres
Other Features Include:
Utilities Gas: Connected, Power: Connected, Sewer: Connected, Water: Connected
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