This four plex is just 7 blocks from the corner of 9th and 9th. The address is 273 East, 900 South in Salt Lake City, Utah.
It is in fantastic condition. Really! Sure the roof on the studio is not perfect... however the houses roof is new 2.5 years ago... Windows are new. HVAC and water heaters are pretty new as well. Three units are in fantastic shape... The fourth units tenant is sort of a hermit. It has not been updated but he has been there for something like a decade and it is in decent shape... and the rent comes every month.
The property IS a four plex as the 5th unit is usually rented as a practice studio for a band or something similar. It does not have kitchen facilities and only has no permanent heat. (I would put gas pad heaters in there if I was purchasing it or a reznor garage heater.) It is in exactly the condition that you would expect for the next Nirvana to rent and become famous working out of. It usually rents for between $400 and $600 a month on its own. Here is the deal, the landlord is pretty attached to these tenants of which two have BIG doggies... So, we made these Matterport 3D tours for you to walk through.
Actual in person showings will be arranged only after a qualified offer is received with financing in place.
Here are each of the three residential units (remember, one is totally missing) and the last tour is the commercial studio unit.
If you would like to make an offer or need more information please fill out the form below and we will get right back to you or you may call or text Drew Armstrong at 801-636-3739!