3139 300, South Salt Lake, UT

3139 300, South Salt Lake, UT, 84115

$1,550,000
8 Bedrooms
4,160 sq. ft. Square Feet
1959 Year Built

Description

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.

Property Details

Bedrooms 8
Square Footage 4,160 sq. ft.
Lot Size 14,375 sq ft
Year Built 1959
MLS # 2104448
Property Type Residential

Features & Amenities

  • Fixer Upper
  • Stainless Steel Appliances