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Salt Lake City,UT 84103
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,663 sqft
Price per Sqft $394
MLS Listing ID 2089780
Style Stories: 2
Bedrooms 4
Year Built 1916
Annual Tax Amount $3,507
Lot Size 6,534 Sqft
Property Sub-Type Triplex
Property Description
Charming Triplex in the Sought-After Avenues Here's your chance to acquire a timeless investment in one of Salt Lake City's most desirable neighborhoods-the Avenues. This character-rich triplex is ideally situated minutes from downtown, the University of Utah, shopping, and the serene trails of City Creek Canyon. Originally built in 1916, the property includes three tastefully updated and fully leased units: two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, all on flexible month-to-month terms. The upper 1-bedroom unit features an additional enclave-perfect as a home office, study, or extra living space-adding a unique appeal that has consistently attracted quality tenants. With gross annual income currently over $50,000 and area rents trending upward, this property presents a compelling opportunity to enhance returns through thoughtful rent adjustments while benefiting from steady demand. Don't miss this rare opportunity to own a well-located, income-generating asset with proven performance and room to grow. Buyer is responsible to verify all information.
Location
State UT
County Salt Lake
Area Salt Lake City: Avenues Area
Zoning Single-Family, Multi-Family
Interior
Heating Forced Air,Gas: Central
Flooring Carpet,Hardwood
Inclusions Ceiling Fan, Dryer, Microwave, Range, Refrigerator, Storage Shed(s), Washer
Equipment Storage Shed(s)
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Patio: Covered
Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
View Y/N No
Roof Type Asphalt
Building
Lot Description Corner Lot,Sprinkler: Auto-Full
Sewer Sewer: Connected
Water Culinary,Irrigation
Structure Type Brick,Stucco
New Construction No
Schools
Elementary Schools Wasatch
Middle Schools Bryant
High Schools West
School District Salt Lake
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan