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615 S Grand St, Salt Lake City, UT 84102
7 Beds
4 Baths
3,480 sqft

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*** Multiple Offer Received ***. Highest and best by Monday at 5pm ***** Please try to come to the open house on Friday and Saturday to avoid disturbing tenants. Perfect investment opportunity in one of the fastest growing hoods of Salt Lake City! Walk to 9th and 9th, Smiths, Whole Foods, University of Utah, and local eateries. Clean, well maintained 4-plex with long term tenants. Units have beautiful views of the mountains and a garage! 3 units currently are rented and the 4th is available. All leases are month to month. Current rents are below market value. Rents in sister building next door go for $1300+ a month. Unit #3 has been fully remodeled with beautiful countertops, updated utilities, a dishwasher, and bathroom remodel. New Carpet in foyer, and in Unit #2. Each unit has lots of storage and several shared storage spots. Property has a B-hyve automated watering system installed. Sellers have had 100% occupancies during the 20 years they have owned the property. Each unit has its own mechanical door accessed garage. New roof, gutters, and double paned windows in 2011. This property has had updates throughout recent years but still has room to add value to increase rents. Sellers have lovingly maintained this property and is a must see. *Maintenance cost high because owners live out of state and were using a property manager, this costs reflects his costs as well. * Water cost includes sewer and waste. *Square footage figures are provided as a courtesy estimate only and were obtained from Appraisal. Buyer is advised to obtain an independent measurement.
  • Price:
  • $790,000
  • Bedrooms:
  • 7
  • Square Footage:
  • 3,480
  • Acreage:
  • 0.13
  • Year Built:
  • 1951
  • Listing ID #:
  • 1615137
  • Street Address:
  • 615 S Grand St
  • City:
  • Salt Lake City
  • State:
  • Utah
  • Postal Code:
  • 84102
  • County:
  • Salt Lake
  • Community:
  • Salt Lake City; So. Salt Lake
  • Subdivision:
  • Douglas Neighborhood
  • Listing Status:
  • Backup
1
out of 5

East High School
Public
9-12
2000 students
23 student/
teacher
  • Amenities:
  • Cable Tv Wired, Laundry: Coin
  • Construction Description:
  • Brick
  • Ease Of Access:
  • 32 Wide Doorways, 36 Wide Hallways, Access To Elec. Outlets
  • Exterior Features:
  • Basement Entrance, Double Pane Windows, Entry (foyer), Outdoor Lighting, Secured Building
  • Flooring:
  • Carpet, Hardwood, Tile
  • Interior Features:
  • Kitchen: Updated
  • Style:
  • 1 - Story
  • Total Building Square Footage:
  • 3480
  • Type Of Roof:
  • See Remarks, Asphalt Shingles, Pitched
  • Windows:
  • Blinds, Full
  • Year Built:
  • 1951
  • Conforms To Zoning:
  • See Remarks, Multi-Family
  • Landscape Description:
  • See Remarks, Landscaping: Full, Mature Trees, Terraced Yard
  • Lot Description:
  • See Remarks, Secluded Yard, Sprinkler: Auto-Full, Terrain: Steep Slope
  • Total Available Acres:
  • 0.13
  • Days On Market:
  • 6
  • Included In Sale:
  • See Remarks, Ceiling Fan, Dishwasher: Portable, Microwave, Range
  • Terms:
  • Cash, Conventional
  • Property Taxes:
  • $3,838
  • Driveway:
  • Asphalt, Gravel
  • Garage Capacity:
  • 4
  • Garage Type:
  • Built-In, Parking: Covered
  • Existing Water:
  • Culinary
  • Heating:
  • Gas: Radiant, Hot Water
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Coldwell Banker Residential Brokerage-Sugarhouse
  • WFRMLS
  • Schools information provided by ATTOM

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