EAAVVwXfFjyIBANzLds2rki2i1DZCBy5H54ykawXW05qqWlChfLKIKDkeKfh02r9cdZB0PYJg4A4KGBdGloxdkUnYy3XXXWtCBsSwSmpMKqxj64rNgiGJ3prudfzQndMsyZCApfaf0BhVEorgF6sQXFSUWQdM9ZBcJkZA6TtKXoVM0fR71YR3700Y8YbTZAWqAZD
369 S 1000 E Salt Lake City, UT 84102
Listing Courtesy of: UTAH REAL ESTATE / Legend Partners Ll, LLC

  369 S 1000 E Salt Lake City, UT 84102

Active (27 Days)
$2,300,000
8
BED
8
BATH
5,960
SQFT

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)

MLS #:
2068439
Taxes
$8,465
Lot Size
8,712 SQFT
Type
Single-Family Home
Year Built
1961
Views
False
County
Salt Lake County
Community
Plat F

Listed By

Skyler Peterson, Legend Partners Ll, LLC
Source
UTAH REAL ESTATE
Last checked Apr 2 2025 at 1:31 PM MDT
Bathroom Details
Interior Features
  • Range/Oven: Built-In
  • Windows: Blinds
  • Video Camera(s)
Subdivision
  • Plat F
Flooring
  • Laminate
Utility Information
  • Utilities: Sewer Connected, Natural Gas Connected, Electricity Connected, Water Connected
  • Sewer: Sewer: Connected
School Information
  • Elementary School: None/Other
  • Middle School: None/Other
  • High School: None/Other
Stories
  • 0
Living Area
  • 5,960 sqft
Location
   
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Disclaimer: Copyright 2025 Utah Real Estate MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/2/25 06:31