1805 W 500 N, Salt Lake City, UT 84116

$809,000
8
BD
4
BA
3,584
SqFt

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List Price
$809,000
Status
ACTIVE
MLS#
2146266
Days on Market
122
Price Change
▼ $20,000 1779958978
Year Built
1973
Bedrooms
8
Bathrooms
4
Square Feet
3,584
Parcel Number
08-34-177-001
Acres
0.20
Terms
Cash, Conventional
County
Salt Lake
Region
Salt Lake City; Rose Park
Subdivision
Morton Meadows Plat

Property Description

Great investment opportunity in Salt Lake City's west-side near the North Temple corridor, an area seeing strong redevelopment, TRAX access, and continued appreciation. Convenient location with easy access to downtown, the airport, and major freeways. Property features include: Four 2 bed / 1 bath units with strong rental demand and consistent occupancy 2022 updates including exterior paint, new railings, doors, lighting, flooring, and appliances Additional value-add potential with opportunity to increase rents approximately 15% through further interior upgrades and repositioning Quiet street with mature trees Utilities = ~$210 / month average Trash = $148 / month (shared with 2 other buildings) Seller owns two additional fourplexes next door and is open to selling individually or together. Rare opportunity to acquire one, two, or all three properties for scale, management efficiency, and portfolio financing. Strong asset in a growing area with upside.

Additional Information

Taxes
$3,933
Interior Features
Range/Oven: Free Stdng.
Floor
Carpet, Laminate
Heating
Forced Air, Gas: Central
Roof
Asphalt
School District
Salt Lake
Elementary School
Escalante
Middle School
Northwest
High School
West
Style
Side By Side
Living Area
3,584

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Calculator source: Real Geeks

Listing courtesy of Equity Real Estate (South Valley).

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