141 E 1ST AVE, Salt Lake City, UT 84103
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141 E 1ST AVE, Salt Lake City, UT 84103
141 E 1ST AVE, Salt Lake City, UT 84103
141 E 1ST AVE, Salt Lake City, UT 84103
141 E 1ST AVE, Salt Lake City, UT 84103
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Kamee Shrope

Kamee Shrope

+1(801) 628-1281
$ 6,550,000
Est. payment /mo
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Price Dropped by $150K

141 E 1ST AVE Salt Lake City, UT 84103

30 Beds

32 Baths

30,838 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 30,838 sqft

Price per Sqft $212

MLS Listing ID 2136339

Style High Rise

Bedrooms 30

Construction Status Blt./Standing

HOA Y/N No

Year Built 1930

Annual Tax Amount $30,739

Lot Size 0.380 Acres

Acres 0.38

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

Located in the heart of downtown Salt Lake City's Avenues neighborhood, Castle Heights Apartments is one of the cities most iconic multifamily buildings. 32-units just steps from Temple Square, City Creek, dining, employment, and public transit. The property includes 27 one-bedroom units, 4 studios, and 1 two-bedroom. Some interior cosmetic upgrades were completed in 2021, including new cabinets, countertops, and stainless steel appliance, but more work remains. Offered at UNDER $210,000 per unit, this is a compelling value-add opportunity in a premier, walkable downtown location with strong long-term upside.

Location

State UT

County Salt Lake

Area Salt Lake City: Avenues Area

Zoning Multi-Family

Interior

Heating Gas: Radiant

Flooring Carpet, Hardwood, Tile, Vinyl

Inclusions Dryer, Microwave, Range, Refrigerator, Storage Shed(s), Washer

Equipment Storage Shed(s)

Fireplace No

Exterior

Exterior Feature Entry (Foyer)

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

View Y/N No

Present Use Residential

Topography Road: Paved

Private Pool No

Building

Lot Description Road: Paved

Faces South

Sewer Sewer: Connected

Architectural Style High Rise

Structure Type Brick,Stone

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Wasatch

Middle Schools Bryant

High Schools West

School District Salt Lake

Others

Senior Community No

Tax ID 09-31-379-018

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Listed by Investment Realty Advisors LLC

NEARBY SCHOOLS & PROPERTIES

Kamee Shrope

Kamee Shrope

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+1(801) 628-1281

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141 E 1ST AVE