201 N I St
Property Description
*Seller financing possible at 4.5% with $350K down.* Rare opportunity to own a well-maintained 5-Plex in Salt Lake City's desirable Avenues neighborhood. Just minutes from downtown, the University of Utah, hospitals, restaurants, shopping, and public transit, this property is ideally located for tenants who want to be close to work, school, and everything the city has to offer. The property has seen major updates, including new plumbing and electrical throughout, new windows and porch decking, along with other improvements that help reduce maintenance and keep the units attractive to renters. Its strong location has contributed to consistent tenant demand and low vacancy over the years. The Avenues continues to be one of Salt Lake City's most sought-after neighborhoods, making this an excellent opportunity for investors looking for a solid income-producing property with long-term upside. **Please do not disturb tenants. Showings require advance notice. Buyer to verify all information, including square footage.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,150,000 |
| No. of Units: | 5 |
| Year Built: | 1940 |
| Lot Size: | 4,272.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $230,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 5 |
ID: 3yd-WFRMLSUT-2164454
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