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237 MONTGOMERY ST Salt Lake City, UT 84104
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Key Details
Sold Price $520,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,448 sqft
Price per Sqft $150
MLS Listing ID 1569497
Sold Date 02/11/19
Style Up And Down
Bedrooms 8
Construction Status Blt./Standing
HOA Y/N No
Year Built 1979
Annual Tax Amount $2,473
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 50.0x154.0x50.0
Property Sub-Type Quadruplex
Property Description
Very positive response, multiple offers received. Sellers planning to decide by 6:00 PM, on Friday November 30th. Submit highest and best offers by 6PM. Nicest apartments that demand the highest rents in the area. Less maintenance and more cash flow for you. Selling at an incredible 6.5% capitalization rate! Fully remodeled 4-plex in dynamic up-and-coming, Salt Lake City neighborhood (new developments throughout the area). Close to all transportation options, including light-rail and airport. Minutes from downtown and the best entertainment, shopping and dining in the state. New paint outside and in, new cherry laminate floors in living areas and new tile floors in bathrooms. Kitchen cabinets and countertops refinished, washer/dryer hook-up in each unit and each unit is wired for Direct TV (tenant pays). Tenant pays power and gas. Pets allowed. Parking lot restriped and two parking stalls for each unit! For tax reasons owners need to maintain ownership through 8 February 2019, however, they are willing to go under contract now, which is great for a 1031 exchange.
Location
State UT
County Salt Lake
Area Salt Lake City; Rose Park
Zoning Multi-Family
Interior
Heating Forced Air, Gas: Central
Fireplace false
Laundry Electric Dryer Hookup
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N No
Roof Type Asphalt
Present Use Residential
Topography Fenced: Part, Road: Paved, Terrain, Flat
Total Parking Spaces 4
Private Pool false
Building
Lot Description Fenced: Part, Road: Paved
Sewer Sewer: Connected
Water Culinary
Architectural Style Up And Down
Structure Type Aluminum
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Edison
Middle Schools Glendale
High Schools West
School District Salt Lake
Others
Senior Community No
Tax ID 15-03-260-004
Acceptable Financing Cash, Conventional, Exchange, FHA, VA Loan
Horse Property No
Listing Terms Cash, Conventional, Exchange, FHA, VA Loan
Financing Conventional
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Bought with Equity Real Estate (Premier Elite)
Nearby Locations
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