1805 W 500 N, Salt Lake City, UT 84116
1805 W 500 N, Salt Lake City, UT 84116
1805 W 500 N, Salt Lake City, UT 84116
8
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$829,000
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8 Beds
4 Baths
3,584 SqFt
Active

1805 W 500 N Salt Lake City, UT 84116

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Ambry & Jesse Fisco

Ambry & Jesse Fisco

+1(801) 362-5983

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,584 sqft

Price per Sqft $231

Subdivision Morton Meadows Plat

MLS Listing ID 2146266

Style Side By Side

Bedrooms 8

Construction Status Blt./Standing

HOA Y/N No

Year Built 1973

Annual Tax Amount $3,933

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Quadruplex

Property Description

Great investment opportunity in Salt Lake City's west-side near the North Temple corridor, an area seeing strong redevelopment, TRAX access, and continued appreciation. Convenient location with easy access to downtown, the airport, and major freeways. Property features include: Four 2 bed / 1 bath units with strong rental demand and consistent occupancy 2022 updates including exterior paint, new railings, doors, lighting, flooring, and appliances Additional value-add potential with opportunity to increase rents approximately 15% through further interior upgrades and repositioning Quiet street with mature trees Utilities = ~$210 / month average Trash = $148 / month (shared with 2 other buildings) Seller owns two additional fourplexes next door and is open to selling individually or together. Rare opportunity to acquire one, two, or all three properties for scale, management efficiency, and portfolio financing. Strong asset in a growing area with upside.

Location

State UT

County Salt Lake

Area Salt Lake City; Rose Park

Zoning Multi-Family

Interior

Interior Features Range/Oven: Free Stdng.

Heating Forced Air, Gas: Central

Flooring Carpet, Laminate

Fireplace No

Window Features Blinds

Laundry Electric Dryer Hookup

Exterior

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

View Y/N Yes

View Mountain(s)

Roof Type Asphalt

Present Use Residential

Topography Corner Lot, Cul-de-Sac, Curb & Gutter, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain

Total Parking Spaces 8

Private Pool No

Building

Lot Description Corner Lot, Cul-De-Sac, Curb & Gutter, Sidewalks, Sprinkler: Auto-Full, View: Mountain

Faces North

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Architectural Style Side By Side

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Escalante

Middle Schools Northwest

High Schools West

School District Salt Lake

Others

Senior Community No

Tax ID 08-34-177-001

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Equity Real Estate (South Valley)

NEARBY SCHOOL & BUSINESS

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Ambry & Jesse Fisco

Ambry & Jesse Fisco

Agent | License ID: 10726232-SA00

+1(801) 362-5983

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1805 W 500 N