Description
Investment opportunity in the highly desirable Avenues neighborhood of Salt Lake City. This well-maintained fourplex is full of practical updates. The attractive brick exterior, newer asphalt shingle roof, and the corner lot provide lasting curb appeal. Each unit has separate gas and electric meters that make management straightforward and efficient. Covered parking and individual storage closets add convenience and value for tenants. The property's location offers unbeatable proximity to downtown, the University of Utah, the hospital, city parks, and shopping and dining. This fourplex rents easily and consistently, with a strong history of occupancy. Current rental rates are below market, offering immediate potential for increased cash flow and long-term growth. Whether you're a seasoned investor or looking to begin your multifamily portfolio in one of Salt Lake City's most historic and stable neighborhoods, this property offers the perfect balance of reliability, charm, and upside.
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6BEDS
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0.17ACRES
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5BATHS
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01/2 BATHS
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3,113SQFT
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$369$/SQFT
School Information
Description
Investment opportunity in the highly desirable Avenues neighborhood of Salt Lake City. This well-maintained fourplex is full of practical updates. The attractive brick exterior, newer asphalt shingle roof, and the corner lot provide lasting curb appeal. Each unit has separate gas and electric meters that make management straightforward and efficient. Covered parking and individual storage closets add convenience and value for tenants. The property's location offers unbeatable proximity to downtown, the University of Utah, the hospital, city parks, and shopping and dining. This fourplex rents easily and consistently, with a strong history of occupancy. Current rental rates are below market, offering immediate potential for increased cash flow and long-term growth. Whether you're a seasoned investor or looking to begin your multifamily portfolio in one of Salt Lake City's most historic and stable neighborhoods, this property offers the perfect balance of reliability, charm, and upside.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-11-09T07:40:12.59. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.