Salt Lake City Homes with Stories: 3 Style

Salt Lake City Homes with Stories: 3 Style

Welcome to Salt Lake City, Utah—a vibrant metropolis nestled against the stunning backdrop of the Wasatch Mountains. Known for its breathtaking natural beauty and rich cultural tapestry, Salt Lake City is not just a place to live; it’s a lifestyle. With its unique blend of outdoor adventures, diverse neighborhoods, and a thriving arts scene, this city offers something for everyone.

Salt Lake City, the county seat of Salt Lake County, is a hub of activity and growth. Boasting a population that embraces both tradition and innovation, the city is steeped in history while continuously evolving. From the iconic Temple Square, a testament to the city’s heritage, to the bustling downtown area filled with trendy shops and eateries, Salt Lake City is a place where you can truly feel at home.

When it comes to real estate, Salt Lake City presents a variety of homes with stories—each one a chapter in the narrative of this remarkable city. Imagine living in a charming Victorian home that echoes the tales of the past or a modern architectural marvel that showcases the innovative spirit of today. Homes in this area range from cozy bungalows to expansive family residences, each offering unique features and character that reflect the diverse community.

Whether you’re an outdoor enthusiast eager to explore nearby ski resorts, a culture lover ready to dive into local galleries and theaters, or a family seeking a welcoming neighborhood, Salt Lake City has the perfect home waiting for you. Discover your story in Salt Lake City, where every home has a tale to tell.

Newest Salt Lake City Homes with Stories: 3 Style

653 E 300  S, Salt Lake City
$1,999,000
18 Beds ⋅ 14 Baths ⋅ 2163456 MLS
100% VACANT | MAJOR INFRASTRUCTURE UPGRADES | VALUE-ADD OPPORTUNITY | FORMER LICENSED RECOVERY RESIDENCE Exceptional opportunity to acquire The George, a historic 14-unit brick apartment building in Salt Lake City's desirable Central City neighborhood. Offering approximately 11,564 square feet, the property features ten one-bedroom and four two-bedroom apartments, each with its own private kitchen and bathroom. SUBSTANTIAL CAPITAL IMPROVEMENTS ALREADY COMPLETED. The current nonprofit owner has invested significantly in the property's core infrastructure, including comprehensive electrical and plumbing upgrades, a modernized boiler heating system, tankless water heaters supported by a high-capacity hot water storage system, and building-wide fire suppression and monitoring systems. Interior improvements include updated flooring, carpeting, and paint. The apartments retain their historic character and practical, industrial-style finishes, including exposed conduit and mechanical piping. This presents an opportunity for investors to enhance the interiors while benefiting from substantial existing infrastructure improvements. IMMEDIATE ACCESS FOR RENOVATION OR LEASE-UP. All 14 apartments are vacant, allowing a purchaser to implement improvements, establish new market-rate leases, or pursue another permitted residential use without coordinating around existing tenants. ESTABLISHED RECOVERY-HOUSING HISTORY. The property previously operated as a recovery residence licensed through the Utah Department of Health and Human Services. The owner voluntarily relocated its recovery-housing operations in preparation for the property sale. The building's established residential configuration, upgraded mechanical systems, and fire protection infrastructure may also appeal to organizations seeking recovery housing, transitional housing, or other specialized residential facilities. Any new operation is subject to applicable approvals and licensing. INVESTMENT HIGHLIGHTS 14 self-contained apartments - 10 one-bedroom and 4 two-bedroom units Approximately 11,564 square feet on a 0.22-acre parcel Attractive acquisition basis of approximately $142,786 per apartment Major electrical, plumbing, heating, and life-safety upgrades Modernized boiler and high-capacity domestic hot water system Updated flooring, carpet, and interior paint Entire building vacant and available for immediate buyer planning Central City location near downtown employment, dining, shopping, and public transportation Opportunity for conventional multifamily leasing or specialized residential operation INVESTOR FINANCIAL PACKAGE AVAILABLE. Seller-prepared financial materials include historical operating expenses, documented recovery-residence operating history, nearby rental comparables, and a market-rent-based stabilized income projection. The George offers investors an opportunity to acquire a distinctive historic multifamily property with significant infrastructure improvements already in place and the flexibility to pursue their own leasing and improvement strategy.

653 E 300 S, Salt Lake City

679 E 2nd Ave N, Salt Lake City
$1,567,000
11 Beds ⋅ 10 Baths ⋅ 2143287 MLS
Development Opportunity: The property consists of two tax parcels totaling approximately 8,973 square feet. Historic City records indicate the parcels have functioned together to support the existing multifamily use for decades. While no representations are made regarding future development rights, investors and developers may find value in exploring redevelopment, adaptive reuse, additional housing opportunities, and other entitlement strategies subject to Salt Lake City approval. TURN-KEY investment property in the Avenues! Easy to lease and easy to manage. Scheduled annual rent and tenant paid utility income totals $109,320.00. Tenant's cover ALL utilities. Eight units: one grand 4 bd. 3 bath two level apartment (lease runs through 09/30/26), one studio/1 bd unit, six studio apartments. 97% occupancy rate. The grand unit has forced heat, central air, and has been totally remodeled. The studio/1bd. units have FANTASTIC vintage finishes - honeycomb tile, built-ins, AND modern day, economical mini-split heating and A/C. This building has been meticulously cared for and professionally managed. Do not disturb tenants - no showings prior to an accepted offer. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain independent measurements. Parcel 09-32-353-020 to the west is included in the sale and taxes for that parcel are included in estimated taxes. Buyer to verify all info.

679 E 2nd Ave N, Salt Lake City

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