BEDS8
BATHS
SQUARE FEET3,584
MLS#2146266
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMORTON MEADOWS PLAT
SCHOOLSalt Lake
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.
Property Features
Property Type: Multi Unit - Multiple
Heating: Forced Air, Gas: Central
Home Style: Side By Side
Lot Size: 0.20 Acres
Roof Type: Asphalt
Taxes: $3,933
Year Built: 1973
Amenities
Range/Oven: Free Stdng.
Feature Descriptions
Days on Site: 79
Exterior: Brick
Flooring: Carpet, Laminate
Laundry: Electric Dryer Hookup
Lot: Corner Lot, Cul-De-Sac, Curb & Gutter, Sidewalks, Sprinkler: Auto-Full, View: Mountain
Lot Dimensions: 0.0x0.0x0.0
Parcel#: 08-34-177-001
Parking: Parking: Uncovered
Parking Notes: Parking: Uncovered
Sewer: Sewer: Connected, Sewer: Public
Special View Info: Mountain(s)
Topography: Corner Lot, Cul-de-Sac, Curb & Gutter, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain
Units: 4
Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Water: Culinary
Window: Blinds
Local Schools
High School: West
Middle School: Northwest
Elementary School: Escalante
School District: Salt Lake
Listed By / Shown By
Listed By
Agency Name: Equity Real Estate (South Valley)
Shown By
Agent Name: Ashley Johnson
Agent Phone: (725) 772-9427
Agency Title: Wardley Real Estate
Estimate Your Payment
Estimated Payment
$ 3,653.54 per month $3,089.83 Principal & Interest $327.75 Property Tax $235.96 Homeowner's Insurance
1805 W 500 N | MLS# 2146266
This multi-family property located at 1805 W 500 N, Salt Lake City, UT 84116 is currently listed for sale with an asking price of $809,000. W 500 N is located within the Salt Lake school district. Search Salt Lake City real estate on ashleyjohnson.wardleyre.com today.