Listing Courtesy of UTAH REAL ESTATE / Listed By: Jay and Connie Elliott, Windermere Real Estate Utah
$850,000 (USD)
Salt Lake City Area Single Family Home
Active
1175 S 300 E Salt Lake City, UT 84111
4 Bed
5 Baths
2900 sqft
MLS# 2146633
Exceptional opportunity in the highly desirable Liberty Wells neighborhood, just minutes from downtown Salt Lake City and Sugar House. This charming 5-plex offers immediate income with significant upside potential. Current rents are below market due to long-term tenants, all on month-to-month leases, providing flexibility for a new owner to reposition and increase returns. The property features a well-maintained main house (built in 1902) with two one-bedroom units and one studio, plus a separate building with two additional one-bedroom apartments. Each unit offers functional layouts with kitchens or kitchenettes and individual heating systems (in main home, shared in back dwelling), appealing to a wide tenant base. Recent capital improvements include a new water line from the street to the home (2025), updated main house plumbing (2025), water heater replacement for the back building (2021), and new refrigerator in Unit #3 (2022)-reducing near-term maintenance concerns. Situated in a walkable location near restaurants, shopping, and entertainment, this property combines historic character with strong rental demand. Ideal for investors seeking a value-add asset with both immediate cash flow and long-term appreciation potential. Off street parking and conveinant on street parking. Buyer and buyer's agent to verify all information, including square footage. Estimated market rents (conservative Liberty Wells / Sugarhouse range): 1-bed units: ~$1,100$1,250 Studio: ~$900$1,000 Projected Stabilized Monthly Income (mid-range): (4 $1,175) + $950 = $5,650/month Projected Annual Income: $67,800 Projected NOI: $67,800 $11,448 = $56,352 Stabilized Cap Rate (at $850,000): 6.63%
Listing Courtesy of UTAH REAL ESTATE / Listed By: Jay and Connie Elliott, Windermere Real Estate Utah
$650,000 (USD)
Big Field Sur Area Single Family Home
Active
2005 S 700 E Salt Lake City, UT 84105
3 Bed
3 Baths
1911 sqft
MLS# 2168560
Charming and beautifully remodeled Sugar House bungalow blending timeless character with modern updates. This move-in ready home features a spacious primary suite with a private ensuite bath, creating a comfortable retreat rarely found in homes of this era. Improvements include plumbing, roof, windows, appliances, remodeled bathrooms, countertops, flooring, and more. Enjoy the inviting oversized covered front porch, perfect for relaxing or entertaining. The thoughtfully designed zero-scaped front and back yards offer low-maintenance living while maximizing outdoor enjoyment. An oversized detached one-car garage provides additional storage and workspace. Filled with warmth, charm, and architectural character, this home is ideally located near shopping, restaurants, parks, public transportation, and freeway access. Just minutes from the canyons, outdoor recreation, and all that Sugar House has to offer, this is a rare opportunity to own a beautifully updated home in one of Salt Lake City's most sought-after neighborhoods.
Listing Courtesy of UTAH REAL ESTATE / Listed By: Jay and Connie Elliott, Windermere Real Estate Utah