1073 S NAVAJO ST, Salt Lake City, UT 84104
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$585,000
Est. payment /mo
0.49 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision Glendale Park

MLS Listing ID 2190415

Construction Status Blt./Standing

HOA Y/N No

Year Built 1940

Annual Tax Amount $2,172

Lot Size 0.490 Acres

Acres 0.49

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Office

Property Description

Rare, high-upside RMF-30 investment offering in Salt Lake City's centrally located Glendale neighborhood. Situated on an expansive 0.49-acre parcel now zoned Residential Multi-Family, this property presents an exceptional development canvas with existing income from day one. Retain the front existing bungalow while adding additional single-family parcels or for-sale townhomes. The quaint, well-cared-for 2-bedroom, 2-bathroom bungalow generates $2,295/month in rental income. A long driveway leads to multiple garages, functional storage and outbuildings. The home would also function smartly as a homestead, with a large garden, fruit trees, and a chicken coop. This location has unbeatable transit oriented location and connectivity directly on the Route 9 (900 South) bus line with two bus stops outside your door. Bike and trail access is just two blocks to the 9 Line Trail. Enjoy a quick ten minute bike ride straight into the heart of the bustling Central 9th District for dining and entertainment. Or pick up the Jordan River Parkway Trail with 45 miles of continuous multi-use pathways, plus immediate proximity to Jordan Park and the International Peace Gardens. An ideal project for developers, land-bankers, or house-hackers looking to capitalize on SLC's transit corridors and infill density potential. Buyer to verify all information, including zoning, acreage, utility connections, and development plans with Salt Lake City / Salt Lake County. Owner agent.

Location

State UT

County Salt Lake

Area Salt Lake City; Rose Park

Zoning Multi-Family

Interior

Interior Features Kitchen, Laundry: Individual, Range/Oven

Heating Forced Air, Natural Gas

Cooling Window Unit(s)

Flooring Tile

Fireplace No

Window Features Blinds

Exterior

Exterior Feature Barn, Out Buildings, Covered Parking, Storage

Utilities Available Gas: Natural

View Y/N No

Roof Type Asphalt

Present Use Office

Handicap Access Single Level

Porch Covered

Private Pool No

Building

Faces West

New Construction No

Construction Status Blt./Standing

Others

Senior Community No

Tax ID 15-11-301-008

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://u.listvt.com/mls/268586816


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Listed by Summit Sotheby's International Realty

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Katharine Conwell

Katharine Conwell

+1(425) 246-2230

Agent License ID: 9628479-SA00

Agent License ID: 9628479-SA00

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1073 S NAVAJO ST