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712 W Wasatch St. For Sale, Midvale UT Real Estate
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712 W Wasatch St.
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$ Reduced! 8 Plex 4 Sale. Will Look at all Offers!
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Midvale,
UT
84047
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<a style="color:#333333" href="javascript:GetThis('Just Listed: 712 W Wasatch St., Midvale, UT', '<table width=100% cellspacing=0 cellpadding=0 border=0><tr><td width=55 valign=top><img src=http://www.epropertysites.com/usr/12/58/67/85/55/1277161452_tn.jpg></td><td><img src=http://epropertysites.com/images/blank.gif width=10 height=1></td><td valign=top><b>Offered at $454,000</b><br>11 Br, 8 Ba, 5,248 SqFt<br><br>$ Reduced! 8 Plex 4 Sale. Will Look at all Offers!</td></tr></table>', 'http://712wwasatchst.epropertysites.com', 1)">
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Terrilee Fitz Assoc. Broker
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Mobile:
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801-867-2829
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Office:
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801-572-8818
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Website:
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Priced at $454,000
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Bedrooms
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11
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Bathrooms
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8
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Home Size
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5,248 sq.ft.
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Lot Size
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0.12 acres
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Property Type
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Income
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Year Built
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1969
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MLS Number
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1021094
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Property Description
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THIS 8 PLEX IS BEING SOLD BY TERRILEE FITZ AT EQUITY REAL ESTATE
<br>
<br>
Price reduced and seller is highly motivated! Will look at all offers!
<br>
$454,000 or $56,750 per door!
<br>
Actual Rental Income: $51,900 <br>
Gross Operating Income: $53,280
<br>
Expenses: $18,219
<br>
NOI: $35,061
<br>
8% Cap Rate
<br>
Coin Laundry - Extra income of $1,380 a year
<br>
Total income of rents and laundry: $53,280 annually
<br>
100% occupied with yearly leases. All tenants have been there long-term.
<br>
<br>
* 3 two bedroom apartments. Aprox 750 sq ft. Rented for $600/month.
<br>
* 5 one bedroom apartments. Aprox 600 sq ft. Rented for $500-525/month.
<br>
<br>
Beautifully maintained 8-units. Boiler. All new windows (aprox. 6 years old), most new stoves, fridge and carpet. Additional Coin-Op laundry Income. Rents haven't been raised in years, and there are lots of ways to increase rental cash flow!
<br>
<br>
MOTIVATED SELLER - PRICE IS NEGOTIABLE IF BUYER PROVIDES OWN FINANCING OR SELLER WILL CARRY WITH 20% DOWN FOR 3-4 YEARS WHICH WOULD BRING IT TO A 9% CAP RATE. <br>
<br>
-Part time on site manager
<br>
-Three 2 bedroom apartments
<br>
-Five 1 bedroom apartments
<br>
-Boiler: new pumps
<br>
-Beautifully maintained
<br>
-Coined Laundry: Web
<br>
-100% Occupied
<br>
-Well maintained
<br>
-Yearly Leases
<br>
-Text the number 48068 to 79564
<br>
-8% Cap Rate
<br>
Midvale generally sits between 6900 S. to 8200 S. and 700 W. to 1300 E.
<br>
Information about City:
<br>
Midvale City has a central location within the Salt Lake Metropolitan Area and has unparalleled access to regional transportation systems. It also provides commuter access via Interstate 15, I-215, State Street, Fort Union Blvd - 7200 South, 900 East, and Union Park Avenue for access to the entire Wasatch Front in a matter of minutes via automobile or direct access to public transportation via UTA bus or to the TRAX light-rail network. Midvale's access provides front door bus service up 7200 S/Fort Union Blvd. to four world class ski resorts from most of their motels and features two TRAX light-rail stops at 7200 South and Center Street for park-n-ride ease. This access separates Midvale apart and serves as a catalyst for the excellent mobility and movement of information, ideas, communications, data, people, services and goods. This is why Midvale City is home to so many businesses and retailers who appreciate strategic locations that allow their business to grow and prosper. <br>
<br>
Midvale will soon feature access to an open fiber optic infrastructure allowing true broadband establishing the technology platform for the future needs of successful companies. <br>
<br>
Midvale has developed a Community-Building-Community Initiative to improve the well being of Midvale residents. The CBC seeks to create solutions that both respond to the needs of the community and are implemented by the community.
<br>
The current population of Midvale is 26,784
<br>
<br>
Elevation is 4,383 feet.
<br>
<br>
Square miles: 5.8
<br>
<br>
Average age is 32.1
<br>
<br>
Midvale has affordable single family homes considering how close it is to down town Salt Lake City.
<br>
<br>
If need assistance with lending info, contact Joe Mardesich (801-822-6301) to prequalify.
<br>
<br>
Terrilee Fitz Associate Broker/GRI/CDPE/ARC/ABR
<br>
Call/Email/TEXT, I'm only a click away.
<br>
No Hype, No Pressure, Just Results!
<br>
Web: www.sell4utah.com or www.sell4utah.net
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Features List
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• Three 2 bedrooms
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• Well Maintained
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• Five 1 bedrooms
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• Yearly Leases
</td>
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• Three 2 bedrooms
</td>
<td>
• TEXT: 48068 to 79564
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• Central location
</td>
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• 8% Cap Rate
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• beautiful maintained
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• Easy to maintain
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• coined laundry: Web
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• Boiler:
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• 100% Occupied
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Equity Real Estate :
SLC
UT
84047
: 801-867-2829
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The broker, seller, builder, and/or developer does not guarantee the accuracy of information such as square footage, lot size, architectural images, or other information concerning the condition or features of subject property. Information is deemed reliable, but is not guaranteed. Information may have been obtained from public records and/or other sources, and all buyers are advised to independently verify the accuracy of any and all information through personal inspection with appropriate qualified professionals.
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