Homes for sale - 369 S 1000 E, Salt Lake City, UT 84102

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Crystal Lindelien

crystallindelien@gmail.com +1(801) 631-2859

$ 2,300,000

Est. payment | -/mo

8 Beds

8 Baths

5,960 SqFt

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$ 2,300,000

Est. payment | -/mo

Save

8 Beds

8 Baths

5,960 SqFt

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,960 sqft

Price per Sqft $385

Subdivision Plat F

MLS Listing ID 2068439

Style Stories: 2

Bedrooms 8

Construction Status Blt./Standing

HOA Y/N No

Year Built 1961

Annual Tax Amount $8,465

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

369 South 8-Plex | 8 Units | Heart of Salt Lake City - Adjacent to University of Utah & Downtown Salt Lake City | Renovated In 2022 | 100% Occupancy 369 S 1000 E, Salt Lake City, UT $2,300,000 Purchase Price 5.92% Cap Rate $136,046.57 Net Operating Income $1,646 Average Lease Rate (Per Unit) 100% Occupancy Peterson Team is proud to present an exceptional multifamily investment opportunity, this recently renovated 8-plex property is located in the highly sought-after University neighborhood, directly adjacent to the University of Utah. Offering an attractive combination of proximity to both educational and transportation hubs, this property benefits from its location near a TRAX station, making it an excellent choice for tenants who desire easy access to downtown Salt Lake City, just minutes away. CALL FOR OFFERS: MARCH 27, 2025 If you'd like to receive an Offering Memorandum, reach out to me directly! Description: New water heaters and HVAC systems New driveway and front porch New LVP flooring New washer and dryer Security system with cameras New padlocks and doors Exterior paint Roof replaced within the last 5 years High Demand Area: Prime location near the University of Utah, with easy access to TRAX and downtown Salt Lake City, ensuring strong tenant demand and consistent rental income Two (2) 2 bedroom 1 bath Six (6) 1 bedroom 1 bathroom Each unit includes dishwasher, stove/oven, fridge, & washer/dryer 2022 New Water heaters and HVAC 2022 New Driveway / Front Porch 2022 New Padlocks and Door 2022 Exterior Paint Updated LVP Flooring HIK Vision Security System Camera Roof recently replaced 1 Parking Stall Per Tenant New Trex Boards on Deck Google Fiber All units separately metered (gas/electric)

Location

State UT

County Salt Lake

Area Salt Lake City; So. Salt Lake

Zoning Multi-Family

Interior

Interior Features Range/Oven: Built-In, Video Camera(s)

Flooring Laminate

Fireplace No

Window Features Blinds

Exterior

Exterior Feature Porch: Open

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

View Y/N No

Present Use Residential

Handicap Access Accessible Electrical and Environmental Controls, Ground Level

Porch Porch: Open

Total Parking Spaces 8

Private Pool No

Building

Sewer Sewer: Connected

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools None/Other

Middle Schools None/Other

High Schools None/Other

Others

Senior Community No

Tax ID 16-05-402-016

Listed by LEGEND PARTNERS ll, LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(801) 631-2859

crystallindelien@gmail.com

369 S 1000 E Salt Lake City, UT 84102