Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 30-bedroom, 22-bathroom residential multi family at 227 N SPENCER Ct in Salt Lake City, UT is listed for $3,599,999 ($260 per sqft). Built in 1916, the home offers 13,866 sqft of living space on a 0.58 acres lot.
Spencer Court Apartments is a unique 22-unit multifamily community comprised of six smaller multi-family buildings nestled in one of Salt Lake City's most sought-after neighborhoods. The property boasts a proven operational history with strong rental performance and healthy NOI, currently offered at an attractive 6.3% in-place cap rate with compelling price-per-unit metrics.
There is significant opportunity to improve asset quality, push rents, and drive meaningful appreciation. Do not disturb tenants. Buyer to obtain independent measurements and verify all information independently.
Key Features
- Built in 1916
- 0.58 acre lot
- 1 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$19,254/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
227 N SPENCER Ct
Salt Lake City, UT 84103
Property Details
Flooring
Construction
Parking
Questions & Answers
This 30-bedroom, 22-bathroom residential multi family at 227 N SPENCER Ct is listed at $3,599,999 ($260/sqft). The estimated monthly payment is $15,600 based on 20% down at 6.5% interest.
Key features include: Built in 1916, 0.58 acre lot, 1 parking spaces.
This property is listed by Porter Criddle and can be reached at 8016945291 or porter@iraut.com.