125 W 800 S new Save Request In-Person Tour Request Virtual Tour
Salt Lake City,UT 84101
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,492 sqft
Price per Sqft $267
Subdivision Walkers Sub
MLS Listing ID 2084535
Style Stories: 2
Bedrooms 10
Construction Status Blt./Standing
HOA Y/N No
Year Built 1910
Annual Tax Amount $2,479
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Duplex
Property Description
125 is vacant and available to show. Please do not disturb tenants in 127. INVESTMENT OPPORTUNITY: TURNKEY DUPLEX IN PRIME URBAN LOCATION 125 W 800 S, SALT LAKE CITY PROPERTY OVERVIEW: Discover a rare investment opportunity in the heart of Salt Lake City with this expansive duplex located at 125 W 800 S. Built in 1910 and offering approximately 4,492 square feet of living space, the property consists of two spacious units: East Unit: 5 Bedrooms / 2 Bathrooms West Unit: 5 Bedrooms / 2.5 Bathrooms Both units have been tastefully remodeled to include modern cabinetry, countertops, flooring, appliances, and fixtures. Significant capital improvements have been completed, including: Replacement of plumbing lines with PEX Updated electrical systems Modernized HVAC systems Zoned for both residential and commercial use, the property is adjacent to a convenience store and ideally situated just south of downtown, within walking distance to TRAX light rail, and minutes from freeway access. INVESTMENT HIGHLIGHTS Turnkey Condition: Major systems upgraded plumbing, electrical, and HVAC Attractive Unit Mix: Two large 5-bedroom units ideal for tenants seeking space and comfort Prime Central Location: Steps from public transit and just minutes to Liberty Park, 9th & 9th, and Trolley Square Value-Add Potential: Current average rents of $2,665/unit vs. Rentometer market average of $3,179/unit Tenant-Favored Amenities: Private laundry facilities, individual patios and backyards, and expansive floor plans MARKET RENTAL ANALYSIS According to Rentometer, 5BD/2BA units in the area command average rents of approximately $3,179. With current rents averaging $2,665 per unit, this asset
Location
State UT
County Salt Lake
Area Salt Lake City; So. Salt Lake
Interior
Fireplace No
Exterior
View Y/N No
Present Use Residential
Private Pool No
Building
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools None/Other
Middle Schools None/Other
High Schools None/Other
Others
Senior Community No
Tax ID 15-12-276-002