Stanton-Yale Apartments
144 E 2nd Ave
Salt Lake City, UT 84103
Highlights
- 14,850 SF building
- 21 units
- Built in 1923
- Renovated in 2021
- Zoned RMF-75
- Timeless architectural charm
- Modern upgrades
Description
Stanton-Yale Apartments, a rare dual building multi-family offering in one of Utah's most historic and sought-after neighborhoods. This stunning 21-unit brick property showcases timeless architectural charm, while also featuring modern upgrades. Each unit has been renovated and features new countertops, cabinets, and contemporary finishes while preserving the original hardwood flooring and penny tile bathrooms. Operational upside remains through improved management, stabilization of occupancy, and system upgrades. Large lot size, strong rental location, and parking make this a compelling value-add opportunity. Buyer advised to obtain independent measurements. Parcel 09-31-379-010 also included in sale. Owner/Agent.
Discover the allure of Salt Lake City from the doorstep of Stanton-Yale Apartments. Nestled in the charming Avenues neighborhood, this prime location offers a vibrant mix of urban convenience and natural beauty. From the property, residents can easily access local hotspots like Lindsey Gardens Park and City Creek Center, providing a perfect balance of outdoor recreation and retail therapy. Multifamily / Low-Rise/Garden investors will appreciate the area's strong appeal to renters seeking a dynamic lifestyle with proximity to downtown attractions, dining, and cultural venues. With its combination of urban amenities and scenic surroundings, Stanton-Yale Apartments presents an enticing investment opportunity in this thriving part of Salt Lake City. Owner/Agent.
