1127 E South Temple - Apartments FOR SALE


Salt Lake City, UT 84102- Greater Avenues
$2,750,000 USD
801-971-2542
1127 E South Temple, Salt Lake City, UT for Sale
$2,750,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

1127 E South Temple
Salt Lake City, UT 84102
Greater Avenues


OVERVIEW

Located on historic South Temple in the Avenues of Salt Lake City, this beautifully renovated Tudor-style 8-plex offers a rare blend of old-world charm and modern luxury. Fully remodeled in 2022, each unit boasts tall ceilings, beautiful stained glass windows, unique layouts, and stunning historic character. Updates include all new paint, new cabinets, stylish tile backsplashes, fully remodeled bathrooms, brand-new electrical and plumbing for the entire building, as well as high-efficiency mini-splits in every unit. In addition to the 8 units, there is an independent studio on the 3rd floor that could be converted into another unit or rented out separately as an art studio or equivalent. There is also space in the basement to potentially add an additional second unit, totaling up to 10 units. Buyer to verify all. This turnkey property is an incredible investment opportunity in a prime location, just minutes from downtown and Universities. Owner/Agent.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$527 USD /SF

# OF UNITS

9

PRICE/UNIT

$305,556

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1906

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

RMF-35

APN/PARCEL ID

09-32-459-015-0000

ASK ABOUT THIS PROPERTY

Joseph MillsInvestment Realty AdvisorsMore Info
801-971-2542

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Joseph MillsInvestment Realty AdvisorsMore Info
801-971-2542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.