Under contract

423 E 1ST Ave N, Salt Lake City, UT 84103

Beds
5
Baths
5
Sqft
3,195

View property features, location on map, relevant school information and overview from seller's agent.

Listed byWindermere Real Estate
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Overview

Investment opportunity in Salt Lake City's highly desirable Avenues neighborhood. Located just minutes from Downtown Salt Lake City, the University of Utah, major hospitals, restaurants, and outdoor recreation, this five-unit property offers a rare chance to own multifamily real estate in a prime location. The property consists of five one-bedroom, one-bathroom units on a large lot with significant upside potential. While the building needs renovation, it presents an excellent opportunity for an investor looking to improve the property, increase rents, and add value over time. The Avenues continues to see strong rental demand thanks to its walkability, historic character, and close proximity to downtown and the University of Utah. The oversized lot may also offer future opportunities, subject to buyer verification. Whether you're looking for a value-add project, long-term investment, or redevelopment opportunity, this property offers a chance to invest in one of Salt Lake City's most established neighborhoods.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
5
Number of bathrooms
5
Square feet
3,195
Lot size (acres)
0.16
Year built
1904

Utilities

Heating
None
Cooling
None
Sewer
Public Sewer

Taxes

Tax Annual Amount
$4,467

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Utah Real Estate (Wasatch Front) MLS®#: 2168095 Last checked:

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of . 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.