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Existing Home
241 S 1200 E , Salt Lake City, Salt Lake County, UT 84102

The Home

Status: Sold / Style: Five-Plex /

/SQF 1,075,000

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5 Plex Apartment Complex next to U of U! Amazing view of Downtown SLC on a quiet tree lined street. Tons of Parking with pull through garage & HUGE Driveway. Investor Special. Come great some amazing sweat equity. Handyman would love the discounted price to make it their own. 6 Power Meters. Front & Alleyway Access from back. 4 Pallets of LVP Included. Extra Tile Included. Walking Distance to Eccles Theatre & the Pie Pizzeria. Needs TLC. Tons of Potential & ARV up to 1.6 Million. Unit Set Up: 2 - 3 Bed Units. 2 - 2 Bed Units. 1 - 1 Bed Units. Some work needs to be completed or closed in to have this set up. Projected Rents with needed updates: 2 - 2 Bed & 1 Bath Units at $2,000 a month 2 - 3 Bed & 1 Bath Unit at $2,500 a month. 1 - 1 Bed & 1 Bath Unit at $1,500 a month. =$10,500 a month in Rents
MLS#: 2101127

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  • 6969.6 Lot Size Sq. Ft.
  • 5047 Finished Sq. Ft.
  • 11 Beds
  • 5 Baths
  • 2 Garages
  • 1,075,000
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* Estimated Mortgage based on an average mortgage rate of 6.42 30 Year Fixed. This rate is offered with 20% down and a credit score of 740+ Taxes and Insurance not included.
Property Listed By Ulrich REALTORS, Inc.
Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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