Property
Beds
27
Full Baths
None
1/2 Baths
None
Year Built
1971
Sq.Footage
13,128
Well-located 15-unit apartment building in the heart of Salt Lake City, just minutes from the University of Utah. The property features a highly desirable unit mix of twelve 2-bedroom/1-bath units and three 1-bedroom/1-bath units, all offering spacious, functional layouts that appeal to both student and professional tenants. The property was comprehensively renovated in 2022 by current ownership, with upgrades including modern cabinetry, countertops, flooring, paint, appliances, and HVAC systems. Units offer a clean, updated feel while maintaining a level of character that fits the surrounding neighborhood. Benefiting from its proximity to the University, hospital systems, and downtown, the property has consistently attracted strong tenant demand. This is an excellent opportunity to acquire a renovated, well-positioned asset in one of Salt Lake City's most reliable rental corridors.
Features & Amenities
Interior
-
Total Bedrooms
27
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Covered
-
Patio and Porch Features
Covered
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.31
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Stories: 2
Price
-
Sales Price
$4,450,000
-
Tax Amount
$20,597
-
Zoning
RMF-35
-
Sq. Footage
13, 128
-
Price/SqFt
$338
HOA
-
Association
No
School District
-
Elementary School
Salt Lake
-
Middle School
Bryant
-
High School
East
Property Features
-
New Construction
NO
-
Senior Community YN
NO
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Location
County
Salt Lake
Elementary School
Salt Lake
Middle School
Bryant
High School
East
Listing Courtesy of Porter Criddle , Investment Realty Advisors LLC
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