x
Seller Financing
Address
404 E 5600 S Murray, UT
Price
$ 3,950,000
Property Attributes
  • MLS#1549354
  • TypeMulti-Family
  • CountySALT LAKE
  • CityMurray
  • AreaMurray
  • Zip84157
  • StyleHigh Rise
  • Year Built1969
  • Taxes14525
  • Price$ 3,950,000
  • Bedrooms32
  • Full Bathrooms29
  • Half Bathrooms0
  • Sqr Footage44532
  • Lot Size2.63 Acres
Listing Provided Courtesy Of:
Pristine Property of the West
Property Description

This Multi-Family Opportunity Is an Incredibly Rare Find For East Murray! Located Just 0.1 Mile From TOSH Orthopedic Hospital, 0.7 Miles From IMC Hospital, And 1 Mile From Fashion Place Mall, Your Tenants Have It All! Sitting On 2.62 Acres, In A Park-Like Setting, This 44.532 Square Foot, 3 Story Building Offers: 29 Apartment Units (23,335 SF), Occupying Most Of The 2nd, And All Of The 3rd Floor. These Apartments Are Currently Rented At 100% Occupancy, And All Tenants Are On A Month To Month Lease Basis. The Main Floor And Remainder Of The 2nd (19,200 SF) Are Home To Offices, Conference Rooms, Flex Space And Abundant Storage. The Professional Space Was Most Recently Occupied By Seller, As The Corporate Office Over Several "Utah Based" Skilled Nursing Facilities. It Is The Perfect Opportunity For Any Owner Occupied Business! The Current Parking Ratio Is 2.5 Stalls Per Dwelling Unit, With Ample Land Available To Expand Amenities. Historically, This Building Was Known as the Cottonwood Maternity Hospital Although Its Current Use Is Multi-Family; It's Design And Location Offers Excellent Opportunity For Use As Senior or Disabled Living Centers. Please See Attachments For Pro Forma Valuation. * Seller Is Willing To Explore Seller Financing Options With 25% Down. Parcel Is Zoned R-M-15, Tax ID #22-18-177-014: MLS#1549354.

Elementary School Middle School High School
McMillan Elementary School Hillcrest Middle School Murray High School
Price History
8/22/2018 Listed $8,575,000
12/4/2018 27% - $6,270,000
1/7/2019 20% - $5,037,000
6/6/2019 22% - $3,950,000

General Features

Accessibility See Remarks, Audible Alerts, Elevator, Fully Accessible, Ramp, Visible Alerts, Wheelchair Access
Amenities See Remarks
Animals None
Area Murray; Taylorsvl; Midvale
Front Facing No
Quadrant SE
School District Murray
Status Active
Style High Rise
Terms See Remarks, Cash, Conventional
Units 29
Year Built 1969
Zoning Multi-Family

Interior Features

Features Interior Alarm: Fire
Flooring Carpet, Vinyl
Heating Electric
Utilities Gas: Connected, Power: Connected, Sewer: Connected, Sewer: Public, Water: Connected

Exterior Features

Carport Capacity 16
Driveway See Remarks, Asphalt
Exterior Frame, Metal, Glass, Stucco
Features Exterior See Remarks, Entry (Foyer), Outdoor Lighting
Garage Parking: Covered, Parking: Uncovered
Landscape See Remarks, Landscaping: Full, Mature Trees
Roof Asphalt Shingles, Pitched
Water Culinary, Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 84157

Price
AVG $3.95M
$3.95M
Taxes
AVG $14,525
$14,525
Visits
AVG 61
61
Year Built
AVG 1969
1969
Walkscore
AVG 36
36
Data Provided by Walkscore ® not using MLS data

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