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Craig Franek

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

$ 1,450,000

Est. payment -/mo

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163 S 600 E Salt Lake City, UT 84102

7 Beds

7 Baths

5,038 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,038 sqft

Price per Sqft $287

Subdivision Plat B Slc Sur

MLS Listing ID 2195631

Style Five-Plex

Bedrooms 7

Construction Status Blt./Standing

HOA Y/N No

Year Built 1904

Annual Tax Amount $7,752

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

Proudly presented by Pride & Property Realty, an exceptional investment opportunity in the heart of Salt Lake City's desirable East Central neighborhood, ideally situated between Downtown Salt Lake City and the University of Utah. This charming 1904 Queen Anne Victorian offers five fully occupied apartments, combining historic architectural character with strong rental performance. Featuring over 5,000 square feet, the property includes four 1-bedroom residences and one spacious 3-bedroom, 3-bathroom apartment, providing a versatile and desirable unit mix. A standout feature is the stunning top-floor penthouse, a beautifully remodeled 1-bedroom, 1-bathroom residence with high-end finishes and two private patios with impressive views of Salt Lake City. The property generates $100,200 in annual scheduled rental income, with rents having increased approximately 43% since 2020. Additional highlights include six off-street parking spaces, separate electrical meters, shared laundry facilities, storage, private entrances, and the timeless appeal of a historic Victorian home. Major HVAC, plumbing, and electrical improvements were previously completed, blending classic character with modern functionality. The property's central location offers convenient access to the University of Utah, downtown employment, medical centers, restaurants, shopping, and public transportation. Whether you're expanding an existing portfolio or acquiring your first five-unit multifamily investment, this property presents a compelling opportunity to own a distinctive, income-producing asset in one of Salt Lake City's most established neighborhoods. Please do not disturb tenants.

Location

State UT

County Salt Lake

Area Salt Lake City; So. Salt Lake

Zoning Multi-Family

Interior

Interior Features Closet: Walk-In, Disposal, French Doors, Kitchen: Updated, Range/Oven: Free Stdng., Dishwasher: Built-In, Video Camera(s)

Heating Electric, Hot Water

Flooring Carpet, Hardwood, Laminate, Tile

Inclusions Dryer, Microwave, Range, Range Hood, Refrigerator, Storage Shed(s), Washer, Window Coverings, Video Camera(s)

Equipment Storage Shed(s), Window Coverings

Fireplace No

Window Features Blinds,Drapes

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Balcony, Deck; Covered, Double Pane Windows, Out Buildings, Lighting, Porch: Open, Skylights, Stained Glass Windows, Storm Doors, Patio: Open

Carport Spaces 2

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

View Y/N Yes

View Mountain(s), Valley

Roof Type Asphalt,Pitched

Present Use Residential

Topography Road: Paved, Sidewalks, Terrain: Grad Slope, View: Mountain, View: Valley, Drip Irrigation: Auto-Full

Handicap Access Accessible Electrical and Environmental Controls

Porch Porch: Open, Patio: Open

Total Parking Spaces 8

Private Pool No

Building

Lot Description Road: Paved, Sidewalks, Terrain: Grad Slope, View: Mountain, View: Valley, Drip Irrigation: Auto-Full

Faces West

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Architectural Style Five-Plex

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Bennion (M Lynn)

Middle Schools Clayton

High Schools East

School District Salt Lake

Others

Senior Community No

Tax ID 16-06-229-009

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Pride and Property Realty LLC

Nearby Locations

Craig Franek

Broker License ID: 11641686-PB00

+1(801) 413-3852

Craig Franek

163 S 600 E Salt Lake City, UT 84102

Key Details

Location

Interior

Exterior

Building

Schools

Others

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