3139 S 300 E new Save Request In-Person Tour Request Virtual Tour
South Salt Lake,UT 84115
Key Details
Property Type Multi-Family
Sub Type > 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,160 sqft
Price per Sqft $372
Subdivision Plat A Big Field Sur
MLS Listing ID 2104448
Bedrooms 8
Construction Status Blt./Standing
HOA Y/N No
Year Built 1959
Annual Tax Amount $7,244
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type > 4 Units
Property Description
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 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.
Location
State UT
County Salt Lake
Area Salt Lake City; So. Salt Lake
Zoning Multi-Family
Interior
Interior Features Disposal,Range/Oven: Free Stdng.,Dishwasher: Built-In
Heating Electric
Inclusions Dryer, Range, Refrigerator, Washer
Fireplace No
Window Features Blinds
Exterior
Exterior Feature Lighting
View Y/N No
Roof Type Asphalt
Present Use Residential
Topography Sprinkler: Auto-Full
Total Parking Spaces 10
Private Pool No
Building
Lot Description Sprinkler: Auto-Full
Water Culinary
Structure Type Brick
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Woodrow Wilson
Middle Schools Granite Park
High Schools Cottonwood
School District Granite
Others
Senior Community No
Tax ID 16-30-330-002
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan