928 S WASHINGTON, Salt Lake City, UT 84101

$4,250,000

bedrooms

bathrooms

square feet

12,584

Acreage

0.26

Open Houses

year built

2018

Full Baths

Half Baths

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An incredible investment opportunity in the heart of Salt Lake City! The current loan on the property is assumable at 4.67%! The 13 unit property sits on 0.26 acres and has 100% occupancy year-round. The neighborhood is incredibly diverse and is within short walking distance to downtown, restaurants, shops, and a Trax station. In current rental agreements, the tenant pays power and gas utilities; the owner pays water, sewer, trash, and internet utilities. Yearly costs are listed above. There are 5 parking spaces included and the owner has had tenants pay $100 extra per month for a parking spot. Extra rent is also charged for pets. Roof deicers are installed to melt the snow during the winter. There is a maintenance shed for the property in the back parking area. This property is fully landscaped and was designed to be very low maintenance. Current rents have been kept on the low-end, and are very competitive in this market. Each unit was designed with separate utilities, and can be easily converted to townhomes in the future. With the Olympics coming back to Salt Lake, this is the perfect time to jump at this opportunity!

Location
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Middle School	-
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Open houses

None scheduled.

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MLS number: 2025190

Listing agent: Joseph Ellis

Listing broker: Flat Rate Homes (801) 441-7283

Last update: Tuesday, April 22 2025 at 3:20 p.m. EDT

Kotohomes National