Skip To Content

937 E 300 S

Salt Lake City, UT 84101
  • $1,350,000
  • STATUS: Active Under Contract
  • ON SITE: 54 Days
  • ID#: 1847035
Under Contract
UPDATED: 33 min ago
$1,350,000
  • 10
    BEDS
  • 0.12
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 5,198
    SQFT
  • $260
    $/SQFT
Type:
Multi-Family
Built:
1911
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

This well-maintained fiveplex is a super unique and beneficial opportunity, with three above-market rate cash-flowing units (currently rented through AirBnB with approx. 90-day leases that have been consistently full of tenants here on short-term jobs) and two roughed-in, currently unfinished units to allow for insane equity potential! Current income ONLY accounts for the rented units, once finished out the other units would create an unheard of cap rate for a prime downtown multifamily property! This property cash flows very well with just three units, but the long-term potential for a qualified investor is unmatched! Please do NOT disturb tenants!

Monthly Payment Calculator



Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-12-08T21:39:04.813. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.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. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
www.viewhomesutah.com/homes/133977424
Print Image

937 E 300 S Salt Lake City, UT 84101

  • Price: $1,350,000
  • Status: Active Under Contract
  • On Site: 54 Days
  • Updated: 33 min ago
  • ID#: 1847035
10
Beds
5
Baths
0
½ Baths
0.12
Acres
5,198
SQFT
$260
$/SQFT
1911
Built
Neighborhood:
Salt Lake City; So. Salt Lake
County:
Salt Lake
Area:
Salt Lake City; So. Salt Lake
Elementary School:
Bennion (M Lynn)
Middle School:
Bryant
High School:
East
School District:
Salt Lake
Property Description
This well-maintained fiveplex is a super unique and beneficial opportunity, with three above-market rate cash-flowing units (currently rented through AirBnB with approx. 90-day leases that have been consistently full of tenants here on short-term jobs) and two roughed-in, currently unfinished units to allow for insane equity potential! Current income ONLY accounts for the rented units, once finished out the other units would create an unheard of cap rate for a prime downtown multifamily property! This property cash flows very well with just three units, but the long-term potential for a qualified investor is unmatched! Please do NOT disturb tenants!
Exterior Features

Architectural Style Five-Plex Attached Garage YN No Carport YN No Construction Materials BrickStone Construction Status Blt./Standing Covered Spaces 0 Exterior Features Patio: Covered Frontage Length 0.0 Garage YN No Horse Property YN No Lot Features Road: PavedSidewalksView: Mountain Lot Size Dimensions 0.0X0.0X0.0 Mobile Length 0 Mobile Width 0 Open Parking Spaces 5 Open Parking YN No Parking Total 5 Patio And Porch Features Covered Pool Private YN No Roof Rubber RVParking Dimensions 0.00 Spa YN No Topography Road: PavedSidewalksTerrainFlatView: Mountain Vegetation Landscaping: Full View Mountain(S) View YN Yes Waterfront YN No

Interior Features

Bathrooms Partial 0 Bathrooms Total 5 Building Area Total 5198 Cooling YN No Fireplace YN No Flooring CarpetTile Heating Forced Air Heating YN True Interior Features Basement ApartmentDisposalKitchen: UpdatedRange/Oven: Free Stdng.Dishwasher: Built-In Rooms Total 0 Window Features Part

Property Features

Association YN No Cross Street 300 Current Use Residential Inclusions RangeRefrigerator Irrigation Water Rights Acres 0 Lease Considered YN No Listing Terms Cash New Construction YN No Ownership Property Owner Property Attached YN No Property Condition Blt./Standing Property Sub Type > 4 Units Senior Community YN No Sewer Sewer: Connected Tax Annual Amount 5444 Utilities Natural Gas ConnectedElectricity ConnectedSewer ConnectedWater Connected Water Source Culinary Zoning Multi-Family Zoning Description 5-PLEX

Listing provided courtesy of Coldwell Banker Realty (Salt Lake-Sugar House): 801-488-5300. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2022 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-12-08T21:39:04.813. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.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. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
 
https://bt-photos.global.ssl.fastly.net/wasatch/orig_boomver_1_1847035-1.jpg https://bt-photos.global.ssl.fastly.net/wasatch/orig_boomver_1_1847035-1.jpg https://bt-photos.global.ssl.fastly.net/wasatch/orig_boomver_1_1847035-1.jpg
Logo
Gurr Real Estate
4548 S Atherton Dr., Suite 220
Salt Lake City UT, 84123