237 MONTGOMERY ST, Salt Lake City, UT 84104
$520,000
$549,900
5.4%
Est.Price: ?

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8 BD
4 BA
3,448 SqFt

237 MONTGOMERY ST Salt Lake City, UT 84104

Est. payment /mo
SOLD DATE : 02/11/2019

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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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Listed by Ask Andrew Real Estate
Bought with Equity Real Estate (Premier Elite)

Nearby Locations

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Clayton Morgan

Clayton Morgan

+1(801) 971-3441

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