The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-12-21
IRVING TERRACE
CHANGES OWNERS
Handsome Residence Property
Purchased by Ben Davis
and 10 Levitt.
OVER FIFTY THOUSAND
DOLLARS INVOLVED
NJ. B. LichtenStein Pays $55,-
900 for Valuable Property
On Market Street.

What rs perhaps the largest deal in
residence property that has been con
summated during the past several
months was closed Wednesday after
noon when the Irving Investment com
pany sold the handsome Irving terrace
to Ben Davis and 10 Levitt for $53.-
800. A. Richter, the real estate man.
was instrumental in bringing about the
sale. The terrace is located at the
southeast corner of Third South and
Second East streets The property has
les feet frontage on Third South
street and l24% feet on Second East
street
This is one Of the best appointed
aud most pretentious terraces in the
city. as IT covers the entire Third South
street frontage. except what rs need
ed for driveway on the east side 1t
contains seven houses. two stories and
basement, each containing from seven
to ten rooms, all finished in entirely
modern style. Brick and stone com
bine in the architectural structure of
the building and it is said that the
concrete foundation was made TO sup
port ten stories
Each house is complete unity. in
asmuch as il contains an individual
plumbing, electric light and hell svs-
tenn, besides a gas system, both for
lighting and cooking. sewer connection,
and in fact everything by way of CON
venlence that the city affords.
Have Confidence in Zion.
AS the purchasers of the terrace are
citizens of Salt Lake, and sagacious
in business way ut that, it is evi-
dent that they had got their bearings
before they consented to close the deal.
Their newly acquired property is one
block east of the Knutsford hotel, one
block north of the city and county
building, and two blocks east of the
Federal building-right in the terri.
tory in which most activity has been
manifested in real estate transactions
during the past few weeks. IT has been
learned that Mr. Richter has several
other important deals pending, but he
refuses to disclose their purport until
they have been definitely disposed of.
The above deal was a cash transaction
An option deal which is thought TO
have been undertaken as an invest
ment. has been sealed by a small de-
posit. by which Browning Bros and Da-
vld Eccles. VINO own extensive inter
ests in Ogden, acquire title to the W.
n. Dickson property. which runs east
and west. almost directly through tho
center OF lne DlOcR pounded DS second
South and Third South streets and Sec
ond West and Third West streets. be-,
ing strip ten rods wide and exactly
block, or forty rods, deep AS the
property is in close proximity to the
site of the proposed Rio Grande depot,
and for that reason one Of the choice
warehouse properties, it is thought by
real estate men to be shrewd move
on the part of the Ogden investors.
Browning Bros, were strictly non-com.
initial when questioned regarding their
intentions respecting this, and from
what could be ascertained it is not
probable that any extended improve
ments are to be made on the acquisi-
tion IN the immediate future.
Matter Of $4,000.
M, B, Llchtenstein has again added
to his Salt Lake holdings by buying
the Charles Deere property on Market
street, Immediately west of the Fed
eral building, for S55, 900, The proper
ty has frontage of 100 feet on Market
street and is 132 feet deep. 1t was
purchased as a matter Of speculation.
and Mr.. Lichtepstein contemplates the
forming of a syndicate for the purpose
of erecting, a commodious office build
ing on the lot