Utah's Premier | OnX Realty

Stories: 2

60 E ST

Salt Lake City, UT 84103

MLS#: 2148322

$2,050,000

Status: Active
Listing number: 2148322
Listing provided by: Utah Home Central
Listing agent phone: None
Last update: 3 days ago
On site: 8 days ago
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SULA APARTMENTS - Residential Income

Property

Beds

12

Full Baths

None

1/2 Baths

None

Year Built

1906

Sq.Footage

6,620

Introducing The SULA, a rare opportunity to own a 7-unit multifamily property in the highly sought-after Avenues neighborhood, just moments from the University of Utah, City Creek Canyon and within walking distance to downtown Salt Lake City. Rich in character, this historic gem showcases timeless architecture that stands out in one of the city's most vibrant urban settings. Tenants are consistently drawn to the property's blend of classic charm and thoughtful modern updates. These units feature unique touches such as hardwood floors, original fireplaces, exposed brick accents, and high ceilings that create an open, inviting atmosphere. Select units offer private balconies. Updated kitchens and bathrooms provide contemporary comfort and functionality. The property is fully leased with quality tenants in place, offering immediate income stability. Amenities include fire escapes where required, in-unit washer and dryers in three units, and dishwashers in five units-enhancing tenant convenience and appeal. A distinctive investment property that seamlessly combines historic elegance with modern livability-The SULA is as stylish as it is smart. Cap Rate of 5.7%

Features & Amenities

Interior

  • Total Bedrooms

    12

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Other Exterior Features

    Balcony, Lighting

  • Patio and Porch Features

    Covered

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.11

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Stories: 2

Price

  • Sales Price

    $2,050,000

  • Tax Amount

    $7,197

  • Sq. Footage

    6, 620

  • Price/SqFt

    $309

HOA

  • Association

    No

School District

  • Elementary School

    Salt Lake

  • Middle School

    Bryant

  • High School

    West

Property Features

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Salt Lake

Elementary School

Salt Lake

Middle School

Bryant

High School

West

Listing Courtesy of Matthew Sprunt , Utah Home Central

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Introducing The SULA, a rare opportunity to own a 7-unit multifamily property in the highly sought-after Avenues neighborhood, just moments from the University of Utah, City Creek Canyon and within walking distance to downtown Salt Lake City. Rich in character, this historic gem showcases timeless architecture that stands out in one of the city's most vibrant urban settings. Tenants are consistently drawn to the property's blend of classic charm and thoughtful modern updates. These units feature unique touches such as hardwood floors, original fireplaces, exposed brick accents, and high ceilings that create an open, inviting atmosphere. Select units offer private balconies. Updated kitchens and bathrooms provide contemporary comfort and functionality. The property is fully leased with quality tenants in place, offering immediate income stability. Amenities include fire escapes where required, in-unit washer and dryers in three units, and dishwashers in five units-enhancing tenant convenience and appeal. A distinctive investment property that seamlessly combines historic elegance with modern livability-The SULA is as stylish as it is smart. Cap Rate of 5.7%

60 E ST

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