Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Address: 1150 E 500
County: Salt Lake
City: Salt Lake City
Neighborhood: Plat F
Property Taxes: $3,087
4-PLEX PLUS BARBERSHOP - Rare Mixed Use! Rental figures include the annual average of $24,000 gross from Barber receipts (not including 2020 numbers due to shop being closed due to COVID). All 4 apartment units are 1BD/1BA. Some long-term tenants are not at current market value (One tenant has been in building for 30 years). Leases: Unit 1-month to month (30 year tenant - market rent should be 1350-1450/mth); Unit 2-lease end Oct 31, 2021; Unit 3 month to month (4year tenant); Unit 4 lease end April 30, 2022 (6 yr tenant and does yard/snow for $50 off) Unique opportunity to own a small business, lease the shop space out, or talk to city and see what else can be done. Additional .04 acre parcel (tax ID 16-05-455-018-0000) used for barber shop parking in back to be included in sale. Parking passes available as well. DO NOT DISTURB TENANTS. Offer subject to inspection. Basement below shop has bathroom, storage and boiler and is not included in square footage. Square footage figures are provided as a courtesy estimate only and were obtained from appraisal (county includes basement) . Buyer is advised to obtain an independent measurement. Property type: retail mixed/fourplex per tax records - Buyer to verify all zoning. Square footage figures are provided as a courtesy estimate only and were obtained from appraisal. Buyer is advised to obtain an independent measurement. No laundry onsite (large storage off unit 1 has separate entrance and could house a laundry potentially).
Courtesy of: Realtypath LLC - Advantage Listing information provided courtesy of the Wasatch Front Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 16th June, 2021 8:22 PM