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1318 S 500 E
Salt Lake City, UT 84105

Liberty Wells · Multifamily Property For Sale · 8 Units

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.44 AC
Construction Status Demolished
Building Size 9,342 SF
No. Stories 2
Year Built/Renovated 1962/2007
Parking Ratio 0.86/1,000 SF

Site Amenities

  • Laundry Facilities
  • Laundry Service

About 1318 S 500 E , Salt Lake City, UT 84105

Next to Liberty Park. Zoned Commercial at "CN". This is a well managed 8-Plex. All units are Extra Large at 750 Sq.Ft. New bedroom windows in all units, new roof, community washing/drying machines for the tenants use, off street parking. All current rents, good quality tenants. Most recent unit rented at $820. New development next door will allow new owner to further increase rents or redevelop the site. With this large units, we always have waiting list for the tenants ready to move. Newly contracted townhouses across the street sold within weeks at $400K plus per unit. This building pays for its self with close to zero in owner's expenses and time. We have excellent history and book keeping, this property is easy to finance. Additional information is available here: https://www.rentler.com/landlord/#/community/20050/property/1603836/listings Call or email: (801)-839-4679 E-MAIL: 1100EAST@GMAIL.COM

zoning

Zoning Code CN
  • Listing ID: 12432695

  • Date on Market: 5/2/2018

  • Last Updated:

  • Address: 1318 S 500 E, Salt Lake City, UT 84105