563 S Denver St, Salt Lake City, UT 84111

Property Description

Discover a rare 4-plex investment opportunity in the heart of Salt Lake City, ideally located near downtown shopping, dining, entertainment, employment centers, and major public transportation routes. Extensively rebuilt and remodeled in 2023, the property offers the appeal of an established multifamily asset with substantial interior updates, including replaced plumbing and electrical systems throughout the units. Each unit is separately metered, helping simplify utility management for an investor. Units 1 and 4 feature mini-split heating and cooling systems and no gas appliances, while Units 2 and 3 are equipped with traditional central HVAC systems with gas heat. The current tenancy also provides flexibility for a new owner. Unit 1 is vacant and available for immediate viewing, creating an opportunity for an owner-occupant or for a new tenant to be placed at the buyer's discretion. Units 2 and 3 are currently occupied, with tenants anticipated to remain, and Unit 4 is currently vacant . This combination offers both existing rental income and flexibility moving forward. Updated interiors, functional layouts, separate metering, and a highly accessible Salt Lake City location make this a compelling addition to an investment portfolio. The property is currently professionally managed, with additional management and lease information available upon request. Please do not disturb tenants. Showings of the vacant unit may be scheduled through Aligned with verified appointments; additional access instructions will be provided as appropriate. Buyer to verify all rental information, lease terms, utilities, zoning/use, and property information to buyer's satisfaction. Square footage figures are provided as a courtesy estimate only; buyer is advised to obtain an independent measurement.