259 S MONTGOMERY ST, Salt Lake City, UT 84104
259 S MONTGOMERY ST, Salt Lake City, UT 84104
259 S MONTGOMERY ST, Salt Lake City, UT 84104
14
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$785,000
Est. payment /mo
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8 Beds
4 Baths
3,448 SqFt
Price Dropped by $20K

259 S MONTGOMERY ST Salt Lake City, UT 84104

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,448 sqft

Price per Sqft $227

MLS Listing ID 2179520

Style Stories: 2

Bedrooms 8

Construction Status Blt./Standing

HOA Y/N No

Year Built 1981

Annual Tax Amount $4,621

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Quadruplex

Property Description

Excellent investment opportunity in a prime Salt Lake City location! This well-maintained four-unit property offers strong rental appeal with current rents ranging from $1,450$1,750 per unit. $1750 unit has a section 8 voucher paid by the government on the first of each month (direct deposit). Each unit features an open floor plan, in-unit washer and dryer, and central A/C installed approximately two years ago. The property also includes Google Fiber internet, an irrigation system (currently set to off due to the drought), eight dedicated parking stalls, a newly paved parking lot, a private dumpster, and four private storage units, providing valuable amenities for tenants and additional appeal for future residents. Ideally located just 8 minutes from Salt Lake City International Airport and 7 minutes from downtown Salt Lake City, with convenient access to major roads, employment centers, dining, shopping, and entertainment (including the newly proposed Power District Ballpark) . A compelling opportunity for investors seeking a well-located multifamily property with desirable tenant amenities and strong long-term potential.

Location

State UT

County Salt Lake

Area Salt Lake City; Rose Park

Interior

Heating Forced Air

Flooring Tile

Fireplace No

Window Features Blinds

Exterior

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

View Y/N No

Present Use Residential

Topography Fenced: Part, Road: Paved, Sprinkler: Auto-Full

Total Parking Spaces 8

Private Pool No

Building

Lot Description Fenced: Part, Road: Paved, Sprinkler: Auto-Full

Sewer Sewer: Connected, Sewer: Public

Architectural Style Stories: 2

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Edison

Middle Schools Glendale

High Schools West

School District Salt Lake

Others

Senior Community No

Tax ID 15-03-260-023


Listed by ABRAXIA REAL ESTATE, LLC

NEARBY SCHOOL & BUSINESS

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Carter Thomas

Carter Thomas

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259 S MONTGOMERY ST