6 Beds | 4 Baths | 0 Garage | 3,600 Sq Ft
Avenues triplex in peaceful, well-cared for neighborhood. Yet still close to downtown, University of Utah, hospitals, Capitol, parks. The building gets plenty of natural light, has high ceilings throughout, and loads of character. Each unit has unique features and amenities. Unit #1 (on the ground floor) is spacious, with three bedrooms, full living room, full dining room, and full kitchen. One bathroom has been renovated with tile up to the ceiling, designer shower, and new motion sensor wall urinal in addition to toilet. A newer central AC and furnace keep the unit comfortable year-round. Unit #2 (upstairs) has refinished wood floors and mountain views from the living room and kitchen. The kitchen has been renovated with new cabinets, tile floor, quartz countertops, and some new appliances (dishwasher and oven). The bathroom has a shower tower having various settings. The loft is accessible by a ladders/stairs, with plenty of storage space in closets. A roof hatch from the loft allows convenient/safer access to service the roof. Unit #2 also features two ductless mini-split systems, in addition to a dated but effective gas-powered wall heater. Unit #3 (also upstairs) has a gas fireplace and quaint kitchen solarium overlooking the front yard and street. Stairs lead up to third floor bedroom with skylight. It is also serviced by a ductless mini-split. A shed and basement provide plenty of storage space, in addition to a small exercise room. The back is fenced and the yard is xeriscaped (assisting with water conservation). Washer hookups have been recently installed in shed but not yet used due to convenience of laundromat next door. Units are separately metered for electricity, and tenants essentially pay their own gas bills. One water heater for whole building. While there have been many improvements to the building, including updating much (but not all) of electric and plumbing, there is still room to add even greater value through additional remodelling. Great rental history--rarely vacant. Current rents are below market but tenants are awesome. To not disturb them, showings are by approved appointment only. Agent is owner. FHA loan is assumable at low interest rate (basically 2.5%). Buyer to do own diligence. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
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