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60 E ST, Salt Lake City, UT 84103
$1,949,999
60 E ST, Salt Lake City, UT 84103
Units
7
Price/Unit
$278,571
Price/Sqft
$295
Est Gross Yield
7.2%
$141,204/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 2BR / 1BA | 1 | 2 | 1 | 1,100 | $1,740/mo |
| 1BR / 1BA | 1 | 1 | 1 | 550 | $1,400/mo |
| 1BR / 1BA | 1 | 1 | 1 | 550 | $1,000/mo |
| 2BR / 1BA | 1 | 2 | 1 | 1,100 | $2,200/mo |
| 2BR / 1BA | 1 | 2 | 1 | 1,100 | $1,600/mo |
| 2BR / 1BA | 1 | 2 | 1 | 1,100 | $2,200/mo |
| 2BR / 1BA | 1 | 2 | 1 | 1,100 | $2,000/mo |
| Total | 7 | 12 | 7 | 6,600 | $12,140/mo |
Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.
Description
Introducing The SULA, a rare opportunity to own a 7-unit multifamily property in the highly sought-after Avenues neighborhood, just moments from the University of Utah, City Creek Canyon and within walking distance to downtown Salt Lake City. Rich in character, this historic gem showcases timeless architecture that stands out in one of the city's most vibrant urban settings. Tenants are consistently drawn to the property's blend of classic charm and thoughtful modern updates. These units feature unique touches such as hardwood floors, original fireplaces, exposed brick accents, and high ceilings that create an open, inviting atmosphere. Select units offer private balconies. Updated kitchens and bathrooms provide contemporary comfort and functionality. The property is fully leased with quality tenants in place, offering immediate income stability. Amenities include fire escapes where required, in-unit washer and dryers in three units, and dishwashers in five units-enhancing tenant convenience and appeal. A distinctive investment property that seamlessly combines historic elegance with modern livability-The SULA is as stylish as it is smart. Cap Rate of 5.7%
Listed by Matthew Sprunt · Utah Home Central
Location
60 E ST, Salt Lake City, UT 84103
Proforma
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Cap Rate
4.82%
Cash-on-Cash
0.37%
Cash Flow
$226/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/23/2026, 12:13:11 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.