Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1959
Sq.Footage
4,160
An exceptional investment opportunity awaits at 3139 South 300 East, Salt Lake City. This fully-renovated 8-unit multifamily complex consists of two side-by-side fourplexes, making it a prime asset for any investor's portfolio. Seven of the eight units have been completely renovated with modern upgrades, including new flooring, stainless steel appliances, and updated fixtures. Each unit is a highly efficient 520 square foot, 1-bedroom, 1-bathroom layout, appealing to a wide range of renters. One unit remains to be renovated, providing a clear value-add opportunity to further increase income. This property is a turnkey asset in a thriving market, offering immediate cash flow and strong appreciation potential. Located in a desirable Salt Lake City neighborhood with excellent access to public transit and downtown, it promises high demand and low vacancy rates. This is a rare chance to acquire a stabilized, high-quality asset with built-in growth potential. This property is currently professionally managed by Logic Property Management.
Features & Amenities
Interior
-
Total Bedrooms
8
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Other Exterior Features
Lighting
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.33
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$1,550,000
-
Tax Amount
7244.0
-
Zoning
R1
-
Sq. Footage
4, 160
-
Price/SqFt
$372
HOA
-
Association
No
School District
-
Elementary School
Granite
-
Middle School
Granite Park
-
High School
Cottonwood
Property Features
-
Senior Community YN
NO
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Location
County
Salt Lake
Elementary School
Granite
Middle School
Granite Park
High School
Cottonwood
Listing Courtesy of Jameson Kroll , Logic Real Estate LLC
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