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18100462
18100463

35 Hillside Ave, Salt Lake City, UT 84103 For Sale

InterNet Properties Inc
Listed by InterNet Properties Inc
$1,550,000
775 days on market
Updated 50 days ago

35 E Hillside Ave

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,160
Units 5
Price per SqFt $252
Year Built 1961
Acreage 0.290
Zoning R-2
Investment Type Owner/User

Multifamily Investment Opportunity

Marketing description

Four-plex featuring two 2B/1B units and two 1B/1B units. Spacious units with plenty of natural light, private outdoor common area, covered private parking/storge, and in-unit laundry. Its prime location is just below the Utah Capitol building and minutes to downtown. One of the four units has been upgraded by the Owners, resulting in a 66% increase in monthly rent for that unit, demonstrating the potential for significant monthly increases with similar improvements. Recently replaced roof, HVAC, and windows. Considerable upside by adding a 5th unit in the unfinished basement, further enhancing the property's value and rental income potential.

Investment highlights

Well Maintained Four-Plex with Two 2B/1B Units and Two 1B/1B Units

Spacious Units with Plenty of Natural Light

Private Outdoor Common Area, Covered Parking/Storage & In-Unit Laundry

Conveniently Located Near Utah Capitol Building & Minutes from Downtown

Recently Replaced Roof, HVAC & Windows

Unfinished Basement Offers Added Rental Income Potential with 5th Unit

Listing Contacts

InterNet Properties Inc
Listed by InterNet Properties Inc

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