An incredible investment opportunity in the heart of Salt Lake City! The current loan on the property is assumable at 4.67%! The 13 unit property sits on 0.26 acres and has 100% occupancy year-round. The neighborhood is incredibly diverse and is within short walking distance to downtown, restaurants, shops, and a Trax station. In current rental agreements, the tenant pays power and gas utilities; the owner pays water, sewer, trash, and internet utilities. Yearly costs are listed above. There are 5 parking spaces included and the owner has had tenants pay $100 extra per month for a parking spot. Extra rent is also charged for pets. Roof deicers are installed to melt the snow during the winter. There is a maintenance shed for the property in the back parking area. This property is fully landscaped and was designed to be very low maintenance. Current rents have been kept on the low-end, and are very competitive in this market. Each unit was designed with separate utilities, and can be easily converted to townhomes in the future. With the Olympics coming back to Salt Lake, this is the perfect time to jump at this opportunity!
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$16,416
$2,779,700
2020
$16,416
$1,342,605
2019
$7,633
$1,053,305
2017
$1,586
$201,590
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Liberty School
1090 S Roberta St
Distance between this listing and this school0.80 miles
Public District Grades PK-6
6
/10
Whittier School
1600 S 300 E
Distance between this listing and this school1.24 miles
Public District Grades PK-6
3
/10
Franklin School
1115 W 300 S
Distance between this listing and this school1.61 miles
Public District Grades PK-6
Nearby Schools
8
/10
Salt Lake Arts Academy
844 S 200 E
Distance between this listing and this school0.63 miles
Public Charter Grades 5-8
3
/10
Dual Immersion Academy
1155 S Glendale Dr
Distance between this listing and this school1.77 miles
Public Charter Grades KG-8
4
/10
Glendale Middle School
1430 W Andrew Ave
Distance between this listing and this school1.90 miles
Public District Grades 6-8
Nearby Schools
1
/10
Horizonte Instruction & Training Center
1234 S Main St
Distance between this listing and this school0.54 miles
Public District Grades 7-12
5
/10
Innovations High School
1700 S State St
Distance between this listing and this school1.17 miles
Public District Grades 9-12
6
/10
City Academy
555 E 200 S
Distance between this listing and this school1.65 miles
The neighbors living near this home have an average income of $24,331. Typical income of Salt Lake City, UT residents is less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
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This home is located at 928 S Washington St in Salt Lake City, UT and zip code 84101 in the Ballpark District neighborhood. This 12,584 square foot home, which was built in 2018, sits on a 0.26 acre lot. Features: 26 bedrooms, 39 bathrooms. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $4,250,000.
In October 2024 in Salt Lake City, UT there were 43% more homes for sale than in September 2024. In October 2024 median list price was $599,158 and the average listing age was 73 days.
From Rocket Homes Real Estate and based on county public records data.