Average square foot calculated using Size range provided by listing agent.
Description
Investment Opportunity Prime Location Near U of U & Downtown SLC- Don't miss this exceptional opportunity to own two classic Tudor-style 5-plexes in a highly desirable area-just minutes from the University of Utah, multiple hospitals, and downtown Salt Lake City. Each building showcases timeless charm, featuring main floor 9.5-foot ceilings and original hardwood floors. Updates include newer roofs, fresh paint and carpet in some units, and excellent recently blacktopped off-street parking. Some of the HVAC systems have been upgraded with a combination of radiant and forced-air. All 10 units have separate electrical meters with shared gas and water. Rents are currently below market and on month-to-month leases, offering incredible upside potential for value-add improvements or rent increases. Whether you're an investor looking to expand your portfolio or seeking a unique owner-occupant opportunity, these properties offer strong fundamentals, a premier location, and long-term growth potential. Both 233 & 237 S. 1100 E. Must be purchased together.Show Description