Mikel Spight
S.0205421

1131 W Arapahoe Ave, Salt Lake City, UT 84104

$565,000
  • 1131 W Arapahoe Ave, Salt Lake City, UT 84104 Main Photo

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Active
BEDS5 BATHS SQUARE FEET2,230 MLS#2164743
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONJ H WHALONS ADD SCHOOLSalt Lake

Property Description

Solid income-producing triplex with a strong unit mix and upside potential. Unit 1 is a 2 bed / 1 bath currently rented for $1,120/month, Unit 2 is a 2 bed / 1 bath rented for $1,375/month, and Unit 3 is a vacant 1 bed / 1 bath listed for $995/month. Potential gross rental income of approximately $3,490/month once fully leased. Great opportunity for an investor seeking immediate cash flow with additional upside through lease-up of the vacant unit. SELLER FINANCING AVAILABLE!! Owner/Agent.

1131 W Arapahoe Ave | MLS# 2164743

This multi-family property located at 1131 W Arapahoe Ave, Salt Lake City, UT 84104 is currently listed for sale with an asking price of $565,000. W Arapahoe Ave is located within the Salt Lake school district. Search Salt Lake City real estate on mikelspight.wardleyre.com today.

Property Features

Property Type: Multi Unit - Multiple
Heating: Forced Air, Gas: Central
Home Style: Front And Rear
Lot Size: 0.14 Acres
Roof Type: Asphalt, Pitched
Taxes: $2,648
Year Built: 1962

Amenities

Range/Oven: Free Stdng.
Basement Entrance

Feature Descriptions

Days on Site: 11
Exterior: Brick, Frame
Flooring: Carpet, Vinyl
Laundry: Electric Dryer Hookup
Lot: Curb & Gutter, Road: Paved, Sidewalks
Lot Dimensions: 0.0x0.0x0.0
Parcel#: 15-11-126-025
Parking: Covered, Parking: Uncovered
Parking Notes: Covered, Parking: Uncovered
Sewer: Sewer: Connected, Sewer: Public
Topography: Curb & Gutter, Road: Paved, Sidewalks, Terrain, Flat
Units: 3
Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Water: Culinary
Window: Blinds

Local Schools

High School: East
Middle School: Bryant
Elementary School: Franklin
School District: Salt Lake

Listed By / Shown By

Listed By

Agency Name: Investment Realty Advisors LLC
Agency Phone: 435-485-7070

Shown By

Agent Name: Mikel Spight
Agent Phone: (702) 256-4900
Agency Title: Wardley Real Estate

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Estimated Payment

$ 2,543.38 per month $2,157.92 Principal & Interest $220.67 Property Tax $164.79 Homeowner's Insurance

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