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60 E Street, Salt Lake City, UT 84103

MS
UT 591803-PB00
$1,949,999
2 days on market
Updated 2 days ago

60 E Street

Details
APN 09-31-480-010
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,620
Cap Rate 5.70%
NOI $118,697
Occupancy 98%
Tenancy Multi
Price per SqFt $295
Broker Co-Op False
Year Built 1906
Buildings 1
Stories 2
Acreage 0.110
Zoning Multi-Family

100% Leased - close to downtown

Marketing description

Introducing The SULA, a rare opportunity to own a 7-unit multifamily property in the highly sought-after Avenues neighborhood, just moments from the University of Utah, City Creek Canyon and within walking distance to downtown Salt Lake City. Rich in character, this historic gem showcases timeless architecture that stands out in one of the city's most vibrant urban settings. Tenants are consistently drawn to the property's blend of classic charm and thoughtful modern updates. These units feature unique touches such as hardwood floors, original fireplaces, exposed brick accents, and high ceilings that create an open, inviting atmosphere. Select units offer private balconies. Updated kitchens and bathrooms provide contemporary comfort and functionality. The property is fully leased with quality tenants in place, offering immediate income stability. Amenities include fire escapes where required, in-unit washer and dryers in three units, and dishwashers in five units-enhancing tenant convenience and appeal. A distinctive investment property that seamlessly combines historic elegance with modern livability-The SULA is as stylish as it is smart. Cap Rate of 5.7%

Investment highlights

Cap Rate of 5.7%

Listing Contacts

MS
UT 591803-PB00

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$118,697.00
$9,891.42/mo

Valuation Metrics

0
DSCR
6.09%
Cap Rate
6.09%
ROI

Map

Zoning

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RMF-35 ResidentialMulti FamilyModerate Density Multifamily Residential District
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Matt Sprunt
License
591803-PB00
Brokerage
Utah Home Central
Brokerage Phone
8014145790
Title
Real Estate Broker
Brokerage Address
9545 South 2500 West
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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