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Key Details
Sold Price $1,190,000
Property Type Multi-Family
Sub Type > 4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,272 sqft
Price per Sqft $278
MLS Listing ID 1951615
Sold Date 12/16/23
Style Five-Plex
Bedrooms 6
Construction Status Blt./Standing
HOA Y/N No
Year Built 1940
Annual Tax Amount $6,435
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 0.0x0.0x0.0
Property Description
Exceptional 5-Plex Residence in the Avenues - Prime Investment Opportunity! Welcome to a remarkable investment opportunity nestled in the coveted Avenues neighborhood of Utah. This rarley vacant, 5-Plex offers a rare chance to own a piece of prime real estate in one of Salt Lake City's most sought-after locations, near the University of Utah. Please respect the privacy of our valued tenants, and no showings will be scheduled before an accepted offer is in place. Property Highlights: Recently Remodeled: This multi-unit property has been tastefully renovated, showcasing modern upgrades that enhance both functionality and aesthetics. Each unit reflects a fresh, contemporary style that appeals to tenants seeking comfort and convenience. With its thoughtful design and recent updates, this 5-Plex is easy to manage. This is an ideal investment opportunity for both seasoned investors and those new to real estate. In-Demand Location: Situated in the heart of the Avenues, this property benefits from the charm and convenience of this historic neighborhood. Tenants enjoy easy access to downtown Salt Lake City, parks, shopping, dining, and cultural attractions. The studio unit has just vacated but was paying $900/Month. Additional Information: Square Footage: Square footage figures are provided as a courtesy estimate only. Buyers are encouraged to conduct an independent measurement to confirm the exact dimensions of each unit. Don't miss out on this incredible investment opportunity in the Avenues! Properties of this caliber in such a prestigious location rarely become available. Act quickly, as this 5-Plex is expected to be in high demand. Contact us today to schedule a private showing upon acceptance of your offer. Invest wisely, and secure your foothold in one of Utah's most sought-after neighborhoods. This property may also be sold as a package with MLS#1951614
Location
State UT
County Salt Lake
Area Salt Lake City: Avenues Area
Zoning Multi-Family
Interior
Fireplace false
Exterior
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
View Y/N No
Present Use Residential
Private Pool false
Building
Sewer Sewer: Connected
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 09-32-309-009
Horse Property No
Financing Seller Financing
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Bought with 1st Class Real Estate Partners