Photo 1 of 1162 E 400 S

Photo 2 of 1162 E 400 S

Photo 3 of 1162 E 400 S

Photo 4 of 1162 E 400 S

Photo 5 of 1162 E 400 S

Photo 6 of 1162 E 400 S

Photo 7 of 1162 E 400 S

Photo 8 of 1162 E 400 S

Photo 9 of 1162 E 400 S

Photo 10 of 1162 E 400 S

Photo 11 of 1162 E 400 S

Photo 12 of 1162 E 400 S

Photo 13 of 1162 E 400 S

Photo 14 of 1162 E 400 S

Listed By Investment Realty Advisors LLC, Joseph Mills. 435-485-7070
| Data Source: © 2023 Wasatch Front Regional Multiple Listing Service, Inc.

$2,900,000

($303/SF) • $/month

Listing Price

$

Down payment

$

%

Length of Loan

Interest Rate

%

Property Taxes

$

/year

HOA

$

/month

Insurance

$

/year

estimated monthly payment:

$

16 Bed •

8 Bath •

9,563 SF •

0.27 AC

1162 E 400 S

Salt Lake City, UT 84102

Subdivision

Plat F

MLS# 2071896

16 Days on Market

Tia Monson Portrait

Tia Monson Tia@mountainluxury.com 801.540.5173 Realtor®

Description

Details

Schools

Don't miss this rare chance to own a large 8-plex in one of Salt Lake City's most desirable rental markets! Ideally located within 5 minutes walking distance to the University of Utah, near public transit, and downtown Salt Lake City, this property offers an unbeatable location for tenants. Each of the eight units boasts a spacious 1,100 sq. ft. layout featuring 2 bedrooms and 1 bathroom. With cosmetic renovation potential, there is a great opportunity to increase rents and maximize returns. No Seller Financing Available. Prior owner rented to students by the bed with four beds per two bedroom up to 32 beds. A buyer could explore going back to this option, and may be able to get around $600/bed x 32 = $19,200/mo x 12 = $230,400/yr. This option is not guaranteed but may be something to look into. Currently the units are rented individually, some by the room. All measurements are provided as a courtesy. Buyer to verify all information independently. Owner/Agent.

UTILITIES

Heating

Gas: Central

Cooling

unspecified

Water/Sewer

Sewer: Connected

Electric

unspecified

Info

Year Built

1973

Garage

2 Spaces

Style

Stories: 3

2020 Taxes

$11,645

NAME	GRADES	DISTANCE
Bennion (M Lynn) Elementary	Pre - 6	1.1 miles
Bryant Jr. High	7 - 8	1.7 miles
East High School	9 - 12	1.1 miles

Points of Interest

Similar Properties

Photo 1 of 324 E SECOND

Photo 2 of 324 E SECOND

Photo 3 of 324 E SECOND

Photo 4 of 324 E SECOND

Photo 5 of 324 E SECOND

Photo 6 of 324 E SECOND

Photo 7 of 324 E SECOND

Photo 8 of 324 E SECOND

Photo 9 of 324 E SECOND

Photo 10 of 324 E SECOND

Photo 11 of 324 E SECOND

Photo 12 of 324 E SECOND

Photo 13 of 324 E SECOND

Photo 14 of 324 E SECOND

Exterior space featuring fence and a chimney

View of building exterior with a residential view

Residential

$2,850,000

324 E Second

Salt Lake City, UT

11 Bed
11 Bath
5,370 SF
0.22 AC

Greek revival inspired property featuring brick siding

Doorway to property featuring brick siding

View of property exterior with a balcony, a porch, and brick siding

Interior space with wood finished floors

Hallway with baseboard heating, wood finished floors, and electric panel

Unfurnished room featuring baseboards, a healthy amount of sunlight, baseboard heating, and wood finished floors

Carpeted empty room featuring a baseboard radiator

Unfurnished room with baseboard heating and wood finished floors

Empty room with baseboards, a baseboard heating unit, and dark wood-type flooring

Living room featuring baseboard heating and baseboards

Empty room featuring a baseboard radiator, baseboards, and wood finished floors

Kitchen featuring black microwave, a sink, light wood-style floors, light countertops, and white range with electric stovetop

Kitchen featuring freestanding refrigerator, light countertops, a sink, and range with electric stovetop

Full bath featuring a stall shower, wood finished floors, and vanity

Corridor featuring baseboards and hardwood / wood-style flooring

Rear view of property with stairs and a chimney

Residential

$2,850,000

653 E 300 S

Salt Lake City, UT

18 Bed
14 Bath
8,176 SF
0.22 AC

Under Construction

View of property with fence private yard

View of property featuring fence

View of property

Not applicable space

View of building exterior with a garage

Miscellaneous document

View of building exterior featuring an attached garage

View of home's exterior with fence

View of misc room

View of misc room

View of misc room

View of misc room

View of patio featuring a mountain view

View of miscellaneous room

Residential

$2,999,990

4344 S Main St

Salt Lake City, UT

11 Bed
12 Bath
10,941 SF
0.22 AC

Under Contract

View of front of property

Residential

$2,500,000

215 S 300 E

Salt Lake City, UT

20 Bed
15 Bath
7,711 SF
0.15 AC