646 E 1700 S, Salt Lake City, UT 84105

$2,600,000
24
BD
24
BA
12,048
SqFt

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List Price
$2,600,000
Status
ACTIVE
MLS#
2188058
Year Built
1979
Sq. Ft.
12,048
Property Type
> 4 Units
Bedrooms
24
Bathrooms
24
County
Salt Lake
City
Salt Lake City
Region
Salt Lake City; So. Salt Lake

Property Description

Great opportunity to acquire 12 units in the Liberty Wells neighborhood. The Monte Apartments consist of three four unit buildings situated on one parcel. Built in 1979, the property offers a newer vintage than many of the surrounding multifamily properties in the area and features a very desirable unit mix. Each unit is a spacious townhouse-style 2 bed / 1.5 bath with approximately 1,004 square feet, central heating and A/C, and its own washer/dryer hookups. The property also has ample off-street parking with 22 parking stalls. With large floor plans, individual HVAC, washer/dryer hookups, ample parking, and a great central Salt Lake location, this is a property with a lot of long-term upside. There is plenty of opportunity for a new owner to increase rents over time and add value through unit improvements. Measurements and information are provided as a courtesy only. Buyer to verify all information. Owner/Agent.

Additional Information

Taxes
$12,229
Acres
0.57
Elementary School
Hawthorne
Middle School
Hillside
High School
Highland
Heating
Forced Air

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Listing courtesy of Investment Realty Advisors LLC.