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538 N Colorado St W, Salt Lake City, UT 84116

$699,000

4 bed · 4 bath · 2,650 sqft

538 N Colorado St W, Salt Lake City, UT 84116

Great opportunity to own a fourplex on a residential street in a quiet Salt Lake County neighborhood. Two of the four units have been recently updated, with additional opportunity to increase rents and improve the property's overall income potential. Located within 10 minutes of Downtown Salt Lake City with convenient access to the airport, the location creates strong rental demand and helps make these units easy to rent. Priced to sell and currently one of the most affordable fourplexes in Salt Lake County, this is a great opportunity for an investor looking to add a solid multifamily asset with plenty of upside to their portfolio.

Year built1951
Lot size0.16 acres
Stories0
TypeQuadruplex
Annual taxes$1,668
CountySalt Lake County
MLS #2183166
Days on market12

Photos (16)

538 N Colorado St W, Salt Lake City, UT 84116, photo 2538 N Colorado St W, Salt Lake City, UT 84116, photo 3538 N Colorado St W, Salt Lake City, UT 84116, photo 4538 N Colorado St W, Salt Lake City, UT 84116, photo 5538 N Colorado St W, Salt Lake City, UT 84116, photo 6538 N Colorado St W, Salt Lake City, UT 84116, photo 7538 N Colorado St W, Salt Lake City, UT 84116, photo 8538 N Colorado St W, Salt Lake City, UT 84116, photo 9538 N Colorado St W, Salt Lake City, UT 84116, photo 10538 N Colorado St W, Salt Lake City, UT 84116, photo 11538 N Colorado St W, Salt Lake City, UT 84116, photo 12

Listing courtesy of Jaden Connor, Rockwood & Company LLC.

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