141 E 1ST Ave
Property Description
Located in the heart of downtown Salt Lake City's Avenues neighborhood, Castle Heights Apartments is one of the cities most iconic multifamily buildings. 32-units just steps from Temple Square, City Creek, dining, employment, and public transit. The property includes 27 one-bedroom units, 4 studios, and 1 two-bedroom. Some interior cosmetic upgrades were completed in 2021, including new cabinets, countertops, and stainless steel appliance, but more work remains. Offered at UNDER $210,000 per unit, this is a compelling value-add opportunity in a premier, walkable downtown location with strong long-term upside.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $6,550,000 |
| No. of Units: | 32 |
| Year Built: | 1930 |
| Lot Size: | 30,838.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $204,688 |
| Property Website | Click Here |
| Number of Bedrooms: | 30 |
| Number of Bathrooms: | 32 |
ID: 3yd-WFRMLSUT-2136339
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