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… Read More 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. Read Less
Courtesy of Jameson Kroll, Logic Real Estate LLC 385-379-8005
Listing Snapshot
Days Online
17
Last Updated
Property Type
> 4 Units
Beds
8
Square Ft.
4,160
Lot Size
0.33 Acres
Year Built
1959
MLS Number
2104448
Additional Details
Building
Building Area Total: 4160, Construction Materials: Brick, Living Area: 4160, Living Area Units: Square Feet, Year Built: 1959
Property
Current Use: Residential, Parcel Number: 16-30-330-002, Property Condition: Blt./Standing, Property Sub Type: > 4 Units, Property Type: Residential, Vegetation: Landscaping: Full
Lot Features: Sprinkler: Auto-Full, Lot Size Acres: 0.33, Lot Size Area: 0.33, Lot Size Dimensions: 0.0x0.0x0.0, Lot Size Square Feet: 14374, Lot Size Units: Acres, Topography: Sprinkler: Auto-Full
Garage
Open Parking Spaces: 10
Parking
Parking Total: 10
Taxes
Tax Annual Amount: 7244
Water Features
Water Source: Culinary
Windows
Window Features: Blinds
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