This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1539 Roberta St
Salt Lake City, UT 84115

Multifamily 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 $337,369 CAD
Sale Type Investment
Cap Rate 5.39%
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.17 AC
Building Size 4,664 SF
Average Occupancy 100%
No. Stories 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

PROPERTY TAXES

Parcel Number
16-18-178-009-0000
Land Assessment
$482,255 CAD
Improvements Assessment
$628,380 CAD
Total Assessment
$1,110,634 CAD

zoning

Zoning Code 1205
1205
  • Listing ID: 32958956

  • Date on Market: 2024-08-26

  • Last Updated:

  • Address: 1539 Roberta St, Salt Lake City, UT 84115

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}