Listing Courtesy Of:
KW Utah Realtors Keller Williams, Joel Frost
Local Realty Services Provided By:
Keller Williams Salt Lake City
Overview
What It'll Cost
Neighborhood
Similar Homes
$1,299,000
913 E 600 S, Salt Lake City, UT 84102
5 Beds
4 Baths
2,697
sq ft
.14
ac
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$1,299,000
913 E 600 S, Salt Lake City, UT 84102
Estimation provided by Keller Williams Realty Inc.
5 Beds
4 Baths
2,697
sq ft
.14
ac
Active
For Sale
Property Description
Key Financials: Gross Rent Multiplier (GRM): Only 199 - immediate, strong cash flow with upside potential. 100% occupancy with market-rate, professionally screened tenants. Consistent rent roll with stable, long-term collections history. Property Highlights: Fully renovated 2 years ago - custom kitchens (new appliances), new bathrooms, new paint, solid surface flooring, updated lighting, and new HVAC systems in every unit. Energy-efficient windows throughout the building. Electric and sewer systems updated. On-site multi-unit laundry room for potential additional revenue. Low-maintenance xeriscaping. Location: Minutes from the University, downtown business district, and public transit (TRAX). Located in a highly desirable, low-vacancy rental corridor with strong rental trends. Investor Advantages: Parcel #1605379041000 included - providing dedicated tenant off-street parking, a rare amenity in this market. This parcel also offers significant future development potential, Turnkey, cash-flowing asset with minimal management required. One of the highest-income producing properties in the area, with measurable upside through additional development, paid parking, or storage unit, or ADU income
Assessed Value is a combination of the land and additions.
2023
$4,145
(+25.42%)
$742,900
Land 354,600 +
Additions 388,300
2021
$3,305
(-15.09%)
$726,600
Land 215,700 +
Additions 510,900
2019
$3,892
(+32.8%)
$281,490
No Breakdown Available
2016
$2,931
$405,400
Land 70,800 +
Additions 334,600
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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