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5 Beds
5 Baths
3,195 SqFt
Key Details
Sold Price -
Property Type Multi-Family
Sub Type > 4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,195 sqft
Subdivision Avenues
MLS Listing ID 2168095
Sold Date -
Style Stories: 2
Bedrooms 5
Construction Status Blt./Standing
HOA Y/N No
Year Built 1904
Annual Tax Amount $4,467
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type > 4 Units
Property Description
Investment opportunity in Salt Lake City's highly desirable Avenues neighborhood. Located just minutes from Downtown Salt Lake City, the University of Utah, major hospitals, restaurants, and outdoor recreation, this five-unit property offers a rare chance to own multifamily real estate in a prime location. The property consists of five one-bedroom, one-bathroom units on a large lot with significant upside potential. While the building needs renovation, it presents an excellent opportunity for an investor looking to improve the property, increase rents, and add value over time. The Avenues continues to see strong rental demand thanks to its walkability, historic character, and close proximity to downtown and the University of Utah. The oversized lot may also offer future opportunities, subject to buyer verification. Whether you're looking for a value-add project, long-term investment, or redevelopment opportunity, this property offers a chance to invest in one of Salt Lake City's most established neighborhoods.
Location
State UT
County Salt Lake
Area Salt Lake City: Avenues Area
Zoning Multi-Family
Interior
Fireplace false
Exterior
Exterior Feature Basement Entrance, Patio: Covered
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
View Y/N No
Roof Type Asphalt
Present Use Residential
Porch Covered
Total Parking Spaces 10
Private Pool false
Building
Faces South
Sewer Sewer: Connected, Sewer: Public
Water Culinary
Architectural Style Stories: 2
Structure Type Brick,Concrete
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Wasatch
Middle Schools Bryant
High Schools West
School District Salt Lake
Others
Senior Community No
Tax ID 09-31-480-014
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Cash
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Bought with Skyline Real Estate Group
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Agent | License ID: 11026926-SA00
+1(801) 580-1844 | stephanie@bestutahproperty.com