The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-12-20
IRVING TERRACE
CHANGES OWNERS
Handsome Residence Property
Purchased by Ben Davis
and 10 Levitt.
OVER FIFTY THOUSAND
DOLLARS INVOLVED
NJ. B. Lichtenstein Pays $780,
900 for Valuable Property
on Market Street.

What is 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 S53,'
500. A Richter, the real estate man,
was instrumental in bringing about the
sale. The terrace is located Mt the
Second Fast streets. The property has
1e5 feet frontage on Third South
street and 124R 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 is need
cd 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 1t is said that the
concrete foundation was made to sup
port ten stories,
Each house is complete unity, In.
asmuch as 1t contains an individual
plumbing, electric light and bell sys-
tenn, besides a gas system, both for
lighting and cooking, sewer connection,
and in fact everything BIZ way of con.
venienae that the city affords.
Have Confidence in Zion
AS the purchasers of the terrace are
citizens Of Salt Lake, and sagacious
in business way at 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. II 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 rs an invest
ment, has been sealed by a small de
post, by which Browning Bros. and Da-
vid Ecclcs. who own extensive inter
esis in Ogden, acquire title to the W.
n. Dickson property, which runs east
and west. almost directly through the
center of the block bounded by Second
South and Third South streets and Sec
ond West and Third West streets he
ing strip ten rods wide and exactly
block. or forty rods, deep, AS the
property is in close proximity 10 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 a 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 il is not
probable that any extended improve
mcnts are to be made on the acquisi
tion in the immediate future.
Matter of $4,000,
NJ. B. Lichtenstein has again added
TO his Salt Lake holdings hy buying
the Charles Deere property on Market
street. Immediately west of the Fed
eral building, for $4,000. The proper.
ty has a frontage OF 100 feet on Market
street and is 1872 feet deep. 1t was
purchased as a matter OF speculation,
and Mr.. Lichtenstein contemplates the