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125 W 800 S 2 Unit Apartment Building Offered at $1,050,000 at a 4.85% Cap Rate Salt Lake City, UT 84101
Executive Summary
VALUE ADD opportunity in downtown SLC, priced at only $234 per square foot! Average $/SF of $288 per recent sold / UC multi-unit properties, & $340 for active multi-unit properties in the competitive area! TURNKEY: fully leased w/excellent rental history, with 1 month-to-month tenant allowing for either INVESTOR OR OWNER-OCCUPIED buyers. SPACIOUS square footage (4492) with TEN bedrooms and FLEXIBLE MIXED USE ZONING contributes to the many VALUE ADD opportunities & uses! NUMEROUS UPDATES: plumbing lines (PEX throughout), water line from street to building (approx 2024), electrical, HVAC, flooring, cabinetry, counters, appliances, fixtures. PRIME DOWNTOWN LOCATION: walking distance to TRAX, downtown, shopping, restaurants & entertainment! Amenities: laundry, individual patios, & backyards. The property size, location, condition, amenities & flexible zoning provide opportunity to increase rents & value! Act now & add a Central Business District area property to your portfolio. (Please do not disturb tenants; offer subject to inspection. Buyer/agent to verify all.)
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,050,000 | Property Type | Multifamily |
| Price Per Unit | $525,000 | Lot Size | 0.10 AC |
| Sale Type | Investment | Building Size | 4,492 SF |
| Cap Rate | 4.85% | No. Stories | 2 |
| Sale Condition | 1031 Exchange | Year Built | 1910 |
| No. Units | 2 | Opportunity Zone |
Yes
|
| Price | $1,050,000 |
| Price Per Unit | $525,000 |
| Sale Type | Investment |
| Cap Rate | 4.85% |
| Sale Condition | 1031 Exchange |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.10 AC |
| Building Size | 4,492 SF |
| No. Stories | 2 |
| Year Built | 1910 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 10+4.5 | 2 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 15-12-276-002-0000 | Improvements Assessment | $327,800 |
| Land Assessment | $177,600 | Total Assessment | $505,400 |
Property Taxes
Parcel Number
15-12-276-002-0000
Land Assessment
$177,600
Improvements Assessment
$327,800
Total Assessment
$505,400
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125 W 800 S
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