175 E Helm Ave S

    South Salt Lake, UT 84115
    • $1,997,500
    • STATUS: Active Under Contract
    • ON SITE: 96 days
    • ID#: 1608227
    Under Contract
    UPDATED: 28 min ago
    $1,997,500
    • 12
      BEDS
    • 0.33
      ACRES
    • 12
      BATHS
    • 0
      1/2 BATHS
    • 7,200
      SQFT
    • $277
      $/SQFT
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    With the continued, extraordinary growth of downtown Salt Lake City and Sugarhouse, the South Salt Lake City area is perfectly positioned in the path of economic progress. Stella Flats is a turnkey, fully-remodeled portfolio piece that offers the opportunity to enjoy the probable growth levels of cash-flow and appreciation, with minimal foreseeable capital expenditures. This high-end, eco-friendly renovation features ALL NEW: Roof with R20 insulation, low E vinyl windows throughout, 90% furnaces and central air, luxury vinyl tile flooring, stainless appliances including counter-depth fridge, quartz countertops, IN-UNIT full-size washers and dryers, lighting and plumbing fixtures, and exterior paint. Features: covered parking with secure storage and Comcast internet package. Property is currently being leased up through Rize Property Management. ALL of the 12 units are leased at pro forma rent levels as of 7/1/19, and were signed within 7 weeks of beginning of marketing. PLEASE SEE ATTACHED OFFERING MEMORANDUM FOR FURTHER DETAILS AND PRO FORMA.

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    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2019-09-15T23:35:46.61. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
    www.colemererealty.com/homes/95793363

    175 E Helm Ave S South Salt Lake, UT 84115

    • Price: $1,997,500
    • Status: Active Under Contract
    • Updated: 28 min ago
    • ID#: 1608227
    12
    Beds
    12
    Baths
    0
    ½ Baths
    0.33
    Acres
    7,200
    SQFT
    $277
    $/SQFT
    1964
    Built
    Neighborhood:
    Salt Lake City; So. Salt Lake
    County:
    Salt Lake
    Area:
    Salt Lake City; So. Salt Lake
    Elementary School:
    Lincoln
    Middle School:
    Granite Park
    High School:
    Granite Peaks
    School District:
    Granite
    Property Description
    With the continued, extraordinary growth of downtown Salt Lake City and Sugarhouse, the South Salt Lake City area is perfectly positioned in the path of economic progress. Stella Flats is a turnkey, fully-remodeled portfolio piece that offers the opportunity to enjoy the probable growth levels of cash-flow and appreciation, with minimal foreseeable capital expenditures. This high-end, eco-friendly renovation features ALL NEW: Roof with R20 insulation, low E vinyl windows throughout, 90% furnaces and central air, luxury vinyl tile flooring, stainless appliances including counter-depth fridge, quartz countertops, IN-UNIT full-size washers and dryers, lighting and plumbing fixtures, and exterior paint. Features: covered parking with secure storage and Comcast internet package. Property is currently being leased up through Rize Property Management. ALL of the 12 units are leased at pro forma rent levels as of 7/1/19, and were signed within 7 weeks of beginning of marketing. PLEASE SEE ATTACHED OFFERING MEMORANDUM FOR FURTHER DETAILS AND PRO FORMA.
    Exterior Features

    Carport Capacity 12 Driveway Asphalt Exterior Building Materials Brick Exterior Features AtriumPorch: Open Frontage Facing S Garage Parking Features DetachedParking: Covered Landscaping Landscaping: Full Length In Feet Of Back Of Property 0.0 Length In Feet Of Front Of Property 0.0 Length In Feet Of Side Of Property 0.0 Lot Facts SidewalksSprinkler: Auto-Full Parking Capacity 12 Roof Features See RemarksMembrane Storage Carport Style 2 - Story

    Interior Features

    Floor Coverings See RemarksVinyl Heating Features Forced AirGas: Central Interior Features Kitchen: UpdatedRange/Oven: Free Stdng. Windows Blinds

    Property Features

    Accessibility 32" Wide DoorwaysFrnt-Cntrld Stove/Oven Additional Information See RemarksLeases: YearlySep. Air ConditioningSep. Gas MetersSep. Power MetersSep. Water HeatersSome Utilities In RentTenant Pays Utilities Amenities Cable Tv WiredElectric Dryer HookupLaundry: Hookups Animals Pets < 20 Lbs. Community Pool No Gross Scheduled 159120 Hoa No Hoa Fee 0 Inclusions Ceiling FanDryerMicrowaveRangeRefrigeratorWasherWindow Coverings Multifamily Property Type > 4 Units Owner Type Owner/Agent Pool No Possession Recording Spa No Taxes 7347 Telecommunications Broadband Cable Terms CashConventional Utilities Gas: ConnectedPower: ConnectedSewer: ConnectedSewer: PublicWater: Available Water Culinary Water Shares 0.00 Year Remodeled 2019 Yearly Occupancy 100 Zoning Multi-Family Zoning Code Mf

    Listing provided courtesy of Equity Real Estate - Premier Elite Branch. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2019 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2019-09-15T23:35:46.61. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
     
    Colemere Realty Associates
    9661 South 700
    East Sandy UT, 84070