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1805 W Kimberly Cir, Salt Lake City, UT 84116

$809,000

8 bed · 4 bath · 3,584 sqft

Great investment opportunity in Salt Lake City's west-side near the North Temple corridor, an area seeing strong redevelopment, TRAX access, and continued appreciation. Convenient location with easy access to downtown, the airport, and major freeways. Property features include: Four 2 bed / 1 bath units with strong rental demand and consistent occupancy 2022 updates including exterior paint, new railings, doors, lighting, flooring, and appliances Additional value-add potential with opportunity to increase rents approximately 15% through further interior upgrades and repositioning Quiet street with mature trees Utilities = ~$210 / month average Trash = $148 / month (shared with 2 other buildings) Seller owns two additional fourplexes next door and is open to selling individually or together. Rare opportunity to acquire one, two, or all three properties for scale, management efficiency, and portfolio financing. Strong asset in a growing area with upside.

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Listing courtesy of Elizabeth Roberts, Equity Real Estate (South Valley).

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