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Emily Hayes

CEO Emily Hayes Homes | Emily Hayes Homes | Keller Williams | PLACE

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141 E 1st Ave , Salt Lake City, UT 84103
$6,550,000
Est. Payment: $14,555.56/mo
30 Bed
32 Bath
30838 Sqft
Status: Active | Days on site: 171
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69369 - 85698,99739
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Located in the heart of downtown Salt Lake City's Avenues neighborhood, Castle Heights Apartments is one of the cities most iconic multifamily buildings. 32-units just steps from Temple Square, City Creek, dining, employment, and public transit. The property includes 27 one-bedroom units, 4 studios, and 1 two-bedroom. Some interior cosmetic upgrades were completed in 2021, including new cabinets, countertops, and stainless steel appliance, but more work remains. Offered at UNDER $210,000 per unit, this is a compelling value-add opportunity in a premier, walkable downtown location with strong long-term upside.
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Highlights

Listed by Cory Waddoups , 801-609-8342 and Porter Criddle , 801-694-5291 Investment Realty Advisors LLC , 435-485-7070.

Property Type

Multi-Family
Lot/Acreage
0.38

Year Built

1930

County

Salt Lake

Area

Salt Lake City: Avenues Area

 School District

Salt Lake

Listing ID

2136339

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:30
  • ▪ Bathrooms:32
  • ▪ Full Bathrooms:
Appliances:Storage Shed(s)
Floor:Carpet,Hardwood,Tile,Vinyl

Exterior Features

Lot:Road: Paved
Lot Dimensions:0.0x0.0x0.0
Garage Capacity:0
Zoning:RMF-75
Others:
  • ▪ Additional:Entry (Foyer), Blt./Standing
Sewer:Sewer: Connected
Parking Features:Covered,Parking: Uncovered
Principal Interest
$14,556
Taxes
$2,562

Home Price

$6,550,000

Loan Details

30 yrs
%

Down Payment

20%
$1,310,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$14,555.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $14,555.56 $2,561.58 $0.00 $17,117.14
Yearly $174,666.67 $30,739.00 $0.00 $205,405.67
Total $5,240,000.00 $922,170.00 $0.00 $6,162,170.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Salt Lake City, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.