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Roberta 5-Plex

1539 South Roberta Street,    |   
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Division:
Price: $ 1,285,000

Property Highlights

Strong Rental Demand: The Liberty Wells area is a sought-after neighborhood due to its proximity to downtown Salt Lake City and the historic charm of its homes. This high demand translates into strong rental potential, with a 5-plex offering multiple income streams and reduced vacancy risk.
Desirable Location with Growing Amenities: The area is experiencing growth in local amenities and infrastructure, enhancing its appeal to renters. Proximity to Liberty Park, major roads, and public transit adds to the property's attractiveness, ensuring a steady flow of potential tenants.
Cap Rate: 4.7
Appreciation Potential: Salt Lake City has seen consistent real estate appreciation, and the Liberty Wells area is no exception. Investing in a well-located 5-plex here could benefit from the neighborhood's ongoing development and rising property values.
Stable and Diverse Tenant Base: The Liberty Wells neighborhood attracts a diverse range of residents, including young professionals, families, and students due to its proximity to downtown and local amenities. This diversity helps ensure a stable and reliable tenant base, reducing turnover and vacancy rates, which is ideal for steady rental income.
https://www2.mtnwest.com/finalflyers/1539SRobertaSt_SaltLakeCity_Jake_OM.pdf
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Jake Nielson

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