259 S Montgomery St, Salt Lake City, UT 84104

$785,000
8
BD
4
BA
3,448
SqFt

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Property Description

Excellent investment opportunity in a prime Salt Lake City location! This well-maintained four-unit property offers strong rental appeal with current rents ranging from $1,450$1,750 per unit. $1750 unit has a section 8 voucher paid by the government on the first of each month. Each unit features an open floor plan, in-unit washer and dryer, and central A/C installed approximately two years ago. The property also includes Google Fiber internet, an irrigation system (currently set to minimum due to the drought), eight dedicated parking stalls, a newly paved parking lot, a private dumpster, and four private storage units, providing valuable amenities for tenants and additional appeal for future residents. Ideally located just 8 minutes from Salt Lake City International Airport and 7 minutes from downtown Salt Lake City, with convenient access to major roads, employment centers, dining, shopping, and entertainment (including the newly proposed Power District Ballpark) . A compelling opportunity for investors seeking a well-located multifamily property with desirable tenant amenities and strong long-term potential. Listing Agent (Camden) is the owner, so please give me a call with any questions. Please do not disturb tenants.

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Listing courtesy of ABRAXIA REAL ESTATE, LLC.