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679 E 2nd Ave N, Salt Lake City, UT, 84103

11beds
10baths
5,287sqft
$1,675,000
$317price/sqft
$9,871/moest. monthly cost
$394,840/yrincome needed

About This Home

TURN-KEY investment property in the Avenues! Easy to lease and easy to manage. Scheduled annual rent and tenant paid utility income totals $109,320.00. Tenant's cover ALL utilities. Eight units: one grand 4 bd. 3 bath two level apartment (lease runs through 09/30/26), one studio/1 bd unit, six studio apartments. 97% occupancy rate. The grand unit has forced heat, central air, and has been totally remodeled. The studio/1bd. units have FANTASTIC vintage finishes - honeycomb tile, built-ins, AND modern day, economical mini-split heating and A/C. This building has been meticulously cared for and professionally managed. Do not disturb tenants - no showings prior to an accepted offer. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain independent measurements. Parcel 09-32-353-020 to the west is included in the sale and taxes for that parcel are included in estimated taxes. Buyer to verify all info.

Getting Around

78
WalkingVery Walkable
52
TransitGood Transit
80
BikeVery Bikeable

Schools

6/10
Wasatch SchoolGrades K-60.6 mi
5/10
West High SchoolGrades 7-121.7 mi

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 1917

Materials

  • Roof: Asphalt
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 1993

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Range
  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 11
  • Bathrooms: 10

Features

  • Door features: Storm Door(s)
  • Window features: Blinds,Full,Double Pane Windows
  • Flooring: Carpet,Tile

Heating

  • Heating features: Electric,Forced Air

Interior Area

  • Total structure area: 5,287
  • Total interior livable area: 5,287 sqft

Property

Details

  • Parcel number: 0932353021
  • Zoning: SR-1A
  • Zoning description: Multi-Family

Features

  • Levels: Three Or More
  • Patio & porch: Covered,Covered Patio
  • Fencing: Partial
  • Topography of land: Terrain Grad Slope
  • Residential vegetation: Landscaping: Full,Mature Trees

Lot

  • Lot size: 8,712 sqft
  • Features: Secluded,Sprinkler: Auto-Part,Gentle Sloping
  • Lot size dimensions: 0.0 x 0.0 x 0.0