1330 500, Salt Lake City, UT

1330 500, Salt Lake City, UT, 84116

$849,900
8 Bedrooms
3,600 sq. ft. Square Feet
1961 Year Built

Description

Discover rare Salt Lake City investment opportunity, 4-unit building in one of downtown's fastest-developing neighborhoods. Fantastic location-walking distance to the Fairgrounds, grocery, schools, and the future Salt Lake Entertainment District. Steps from bus lines, Frontrunner, and TRAX.

Three units are occupied by long-term tenants. The fourth has been run as a 30+ day rental and generates nearly double the rent of the long-term units. This unit is fully furnished and turnkey.

Each 900 sq ft unit offers 2 bedrooms, 1 bath, in-unit laundry, and multiple storage closets. Shared parking lot plus ample street parking. Mini-split A/C in the 30-day rental; swamp cooler in other upstairs unit.

Low maintenance cost, solid income, strong upside, and prime positioning in a high-growth area. Contact agent for full rental figures and details.

Property Details

Bedrooms 8
Square Footage 3,600 sq. ft.
Lot Size 284,621,040 sq ft
Year Built 1961
MLS # 2123560
Property Type Residential

Features & Amenities

  • Central A/C