1127 East South Temple Street
- 7,607 SF building
- 8 units
- Fully Renovated in 2022
- Zoned RMF-35
- Potential to add more units
- Prime location
Property Description
100% rented turnkey 8-unit multifamily investment located on historic South Temple. This Tudor-style property underwent a FULL renovation in 2022, including all new electrical and plumbing throughout, remodeled kitchens and bathrooms, updated cabinetry, tile backsplashes, fresh paint, and high-efficiency mini-split HVAC systems in all units. Additional third-floor studio space and basement area provide future upside potential (buyer to verify). Prime location near downtown Salt Lake City and the University of Utah with long-term rental stability. Owner/Agent. In addition to the 8 units, there is an independent studio on the 3rd floor that could be rented separately or converted into another unit. There is also space in the basement to potentially add an additional second unit, totaling up to 10 units. Buyer to verify all. Owner/Agent This turnkey property is an incredible investment opportunity in a prime location, just minutes from downtown and Universities.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,695,000 |
| No. of Units: | 8 |
| Year Built: | 1906 |
| Lot Size: | 0.31 Acres |
| Opportunity Zone: | No |
| Price per unit: | $336,875 |
| Property Website | Click Here |
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