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Craig Franek

craig@capitol-summit.com +1(801) 413-3852

$ 940,999

Est. payment -/mo

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563 S DENVER ST Salt Lake City, UT 84111

8 Beds

4 Baths

2,422 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,422 sqft

Price per Sqft $388

Subdivision Plat B

MLS Listing ID 2186996

Style Up And Down

Bedrooms 8

Construction Status Blt./Standing

HOA Y/N No

Year Built 1928

Annual Tax Amount $6,249

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Quadruplex

Property Description

Discover a rare 4-plex investment opportunity in the heart of Salt Lake City, ideally located near downtown shopping, dining, entertainment, employment centers, and major public transportation routes. Extensively rebuilt and remodeled in 2023, the property offers the appeal of an established multifamily asset with substantial interior updates, including replaced plumbing and electrical systems throughout the units. Each unit is separately metered, helping simplify utility management for an investor. Units 1 and 4 feature mini-split heating and cooling systems and no gas appliances, while Units 2 and 3 are equipped with traditional central HVAC systems with gas heat. The current tenancy also provides flexibility for a new owner. Unit 1 is vacant and available for immediate viewing, creating an opportunity for an owner-occupant or for a new tenant to be placed at the buyer's discretion. Units 2 and 3 are currently occupied, with tenants anticipated to remain, and Unit 4 is currently vacant . This combination offers both existing rental income and flexibility moving forward. Updated interiors, functional layouts, separate metering, and a highly accessible Salt Lake City location make this a compelling addition to an investment portfolio. The property is currently professionally managed, with additional management and lease information available upon request. Please do not disturb tenants. Showings of the vacant unit may be scheduled through Aligned with verified appointments; additional access instructions will be provided as appropriate. Buyer to verify all rental information, lease terms, utilities, zoning/use, and property information to buyer's satisfaction. Square footage figures are provided as a courtesy estimate only; buyer is advised to obtain an independent measurement.

Location

State UT

County Salt Lake

Area Salt Lake City; So. Salt Lake

Zoning Multi-Family

Interior

Heating Forced Air

Flooring Vinyl

Fireplace No

Exterior

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

View Y/N No

Roof Type Asphalt

Present Use Residential

Private Pool No

Building

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Architectural Style Up And Down

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Bennion (M Lynn)

Middle Schools Bryant

High Schools Highland

School District Salt Lake

Others

Senior Community No

Tax ID 16-06-455-016

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Signature Group Real Estate

Nearby Locations

Craig Franek

Broker License ID: 11641686-PB00

+1(801) 413-3852

Craig Franek

563 S DENVER ST Salt Lake City, UT 84111

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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563 S DENVER ST