1539 Roberta St | Salt Lake City, UT 84115
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1539 Roberta St
Salt Lake City, UT 84115
Residential Property For Sale · 5 Units
Investment Highlights
- High Rental Demand: Proximity to downtown and the University of Utah ensures steady rental interest.
- Community Amenities: Close to parks, public transit, and local conveniences.
- Robust Rental Market: Attracts students, professionals, and families, leading to low vacancy rates.
- No Deferred Maintenance: Well-maintained property minimizes immediate repair costs and maximizes investment value.
Executive Summary
A 5-plex in Salt Lake City, Utah, is a great investment opportunity, featuring five 2 bed / 1 bath units. Three of which have been recently renovated. Each unit is equipped with modern mini-split AC units, ensuring tenant comfort year-round. The property includes convenient off-street parking and a coin-operated laundry machine, adding to its appeal. Located just minutes from downtown Salt Lake City, this property benefits from the city's vibrant amenities while offering a more tranquil, residential environment. With the recent upgrades and the high demand for rental properties in the area, this 5-plex promises strong rental potential and solid long-term value growth.
PROPERTY FACTS
| Price Per Unit | £187,782 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Net Initial Yield | 5.39% | Building Size | 4,664 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Residential | Number of Floors | 2 |
| Property Subtype | Apartment | Year Built | 1964 |
| Price Per Unit | £187,782 |
| Sale Type | Investment |
| Net Initial Yield | 5.39% |
| No. Units | 5 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,664 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built | 1964 |
Unit Amenities
- Air Conditioning
- Dishwasher
- Heating
Site Amenities
- Laundry Facilities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
PROPERTY TAXES
| Parcel Number | 16-18-178-009-0000 | Improvements Assessment | £354,013 |
| Land Assessment | £271,690 | Total Assessment | £625,703 |
PROPERTY TAXES
Parcel Number
16-18-178-009-0000
Land Assessment
£271,690
Improvements Assessment
£354,013
Total Assessment
£625,703
zoning
| Zoning Code | 1205 |
| 1205 |
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