Strategically located in the heart of the East Central neighborhood, this eight-plex represents a premier opportunity to acquire a turnkey, stabilized asset in one of Salt Lake City's most high-demand rental corridors. This property consist of Eight fully renovated One Bed / One Bath Units. Having undergone a comprehensive… Read More remodel in 2021, the property features modern interiors and updated systems. Fully updated interiors, plumbing, electrical, individual central air units, new roof, new water and sewer main line, and a new parking lot drainage system was installed to carry surface water around the building and out to the street, significantly reducing near-term capital expenditure risks for a new owner. Positioned perfectly between the University of Utah and Downtown Salt Lake City, the property caters to a high-quality tenant base of young professionals and students, ensuring consistently high occupancy. Read Less
Courtesy of Jacob S Nielson, Newmark Mountain West 801-456-8800
Listing Snapshot
Days Online
11
Last Updated
Property Type
> 4 Units
Beds
8
Square Ft.
5,175
Lot Size
0.21 Acres
Year Built
1960
MLS Number
2150580
Additional Details
Building
Architectural Style: Stories: 2, Building Area Total: 5175, Construction Materials: Composition, Stucco, Living Area: 5175, Living Area Units: Square Feet, Year Built: 1960