141 E 1st Ave, Salt Lake City, UT 84103

$6,550,000
30
BD
32
BA
30,838
SqFt
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List Price
$6,550,000
Status
ACTIVE
MLS#
2136339
Days on Market
166
Price Change
▼ $150,000 1776216036
Year Built
1930
Bedrooms
30
Bathrooms
32
Square Feet
30,838
Parcel Number
09-31-379-018
Acres
0.38
Terms
Cash, Conventional, Exchange
County
Salt Lake
Region
Salt Lake City: Avenues Area
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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.

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Additional Information

Taxes
$30,739
Exterior Features
Entry (Foyer)
Floor
Carpet, Hardwood, Tile, Vinyl
Heating
Gas: Radiant
School District
Salt Lake
Elementary School
Wasatch
Middle School
Bryant
High School
West
Style
High Rise
Living Area
30,838
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Listing courtesy of Investment Realty Advisors LLC.

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