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
Year Built 1959
Annual Tax Amount $7,244
Lot Size 0.330 Acres
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
Heating Electric
Inclusions Dryer, Range, Refrigerator, Washer
Exterior
Exterior Feature Lighting
View Y/N No
Roof Type Asphalt
Building
Lot Description Sprinkler: Auto-Full
Water Culinary
Structure Type Brick
New Construction No
Schools
Elementary Schools Woodrow Wilson
Middle Schools Granite Park
High Schools Cottonwood
School District Granite
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan