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$1,229,000

Est. payment - /mo

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11 BD

4 BA

5,099 SqFt

Pending

603 E FIRST AVE N Salt Lake City, UT 84103

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Element Real Estate Brokers

admin@elementreb.com +1(435) 200-1991

UPDATED:

10/27/2024 02:33 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 5,099 sqft

Price per Sqft $241

MLS Listing ID 2010747

Style Up And Down

Bedrooms 11

Construction Status Blt./Standing

HOA Y/N No

Year Built 1937

Annual Tax Amount $5,967

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 0.0x0.0x0.0

Property Description

SALE FAILED DUE TO FINANCING. INVESTOR'S DREAM OPPORTUNITY IN THE AVENUES! Step back in time with this rare 1937 Art Deco style four-plex, nestled in the heart of the historic Avenues neighborhood. This architectural gem boasts timeless elegance with its bold geometric forms, rich decorative details, and vintage charm. Features *Four spacious units, each offering unique period details and abundant natural light. *Original hardwood floors, high ceilings, and large windows reflecting the Art Deco era. *Well-maintained exterior with striking facade, intricate moldings, and lush, mature landscaping. *Prime location in The Avenues, known for its vibrant community, tree-lined streets, and proximity to downtown amenities. Investment Highlights: **Consistent rental income with strong tenant demand in a highly sought-after area. Potential for modernization and value-add upgrades to maximize rental yields. Ideal for long-term hold or renovation project to enhance property value. Seize this exceptional investment opportunity to own a piece of architectural history in one of the city's most desirable neighborhoods. Don't miss out on this rare chance to invest in The Avenues' unique and enduring charm. Square footage figures are provided as a courtesy estimate only and were obtained from County records. Buyer is advised to obtain an independent measurement.

Location

State UT

County Salt Lake

Area Salt Lake City: Avenues Area

Zoning Multi-Family

Interior

Interior Features Range/Oven: Free Stdng.

Heating Steam

Flooring Hardwood, Linoleum, Tile

Inclusions See Remarks, Range, Refrigerator

Fireplace No

Exterior

Carport Spaces 4

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

Waterfront No

View Y/N No

Roof Type Membrane

Present Use Residential

Topography Corner Lot, Sprinkler: Auto-Full

Parking Type Covered

Total Parking Spaces 8

Private Pool false

Building

Lot Description Corner Lot, Sprinkler: Auto-Full

Faces South

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Structure Type Stucco

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Ensign

Middle Schools Bryant

High Schools West

School District Salt Lake

Others

Senior Community No

Tax ID 09-32-356-011

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Berkshire Hathaway HomeServices Utah Properties (Salt Lake)

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Element Real Estate Brokers

Broker | License ID: 13589667-CN00

+1(435) 200-1991

Element Real Estate Brokers

603 E FIRST AVE N Salt Lake City, UT 84103

Element Real Estate Brokers

Key Details

Location

Interior

Exterior

Building

Schools

Others

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603 E FIRST AVE N