Utah's Premier | OnX Realty

141 E 1ST AVE

Salt Lake City, UT 84103

High Rise

Salt Lake City, UT 84103

141 E 1ST AVE

$6,550,000

MLS#: 2136339

Status: Active

Listing provided by: Investment Realty Advisors LLC

Listing agent phone: None

Last update: a month ago

On site: 4 months ago

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About

Located in the heart of downtown Salt Lake City's Avenues neighborhood, Castle Heights Apartments is one of the cities most iconic multifamily buildings. 32-units just steps from Temple Square, City Creek, dining, employment, and public transit. The property includes 27 one-bedroom units, 4 studios, and 1 two-bedroom. Some interior cosmetic upgrades were completed in 2021, including new cabinets, countertops, and stainless steel appliance, but more work remains. Offered at UNDER $210,000 per unit, this is a compelling value-add opportunity in a premier, walkable downtown location with strong long-term upside.

Property

Beds

30

Full Baths

None

1/2 Baths

None

Year Built

1930

Sq.Footage

30,838

Features

Features & Amenities

Interior

  • Total Bedrooms

    30

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Radiant

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Stone

  • Parking

    Covered

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.38

  • Lot Size(square feet)

    16552.8

  • Property Type

    Residential

  • Property Sub Type

    Multi Family

  • Architectural Style

    High Rise

Price

  • Sales Price

    $6,550,000

  • Tax Amount

    $30,739

  • Zoning

    RMF-75

  • Sq. Footage

    30, 838

  • Price/SqFt

    $212

HOA

  • Association

    No

School District

  • Elementary School

    Salt Lake

  • Middle School

    Bryant

  • High School

    West

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

Schedule

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Location

  • County

    Salt Lake

  • Elementary School

    Salt Lake

  • Middle School

    Bryant

  • High School

    West

Listing Courtesy of Cory Waddoups , Investment Realty Advisors LLC

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141 E 1ST AVE

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