UT > Murray
Murray, UT 84107,404 E 5600 S
Murray, UT 84107,404 E 5600 S
Murray, UT 84107,404 E 5600 S
29
See all 29 photos
$10,500,000
Est. payment /mo
Save
47 Beds
48 Baths
38,374 SqFt
New

404 E 5600 S Murray, UT 84107

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
20
Jun
Sat
21
Jun
Sun
22
Jun
Pam Slaughter

Pam Slaughter

+1(801) 440-9245

UPDATED:

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 38,374 sqft

Price per Sqft $273

MLS Listing ID 2093496

Style Stories: 3

Bedrooms 47

Construction Status Blt./Standing

HOA Y/N No

Year Built 1969

Annual Tax Amount $2,873

Lot Size 2.600 Acres

Acres 2.6

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

This newly renovated 39-unit multifamily property offers an exceptional buy-and-hold opportunity in the heart of Murray, Utah. Originally built in 1969, it has been tastefully upgraded in 2023, featuring modern interiors and community amenities. Residents enjoy a brand-new fitness center, resident lounge, fire pits, and a spacious BBQ courtyard for social gatherings. Each unit comes with an individual locked storage room, while assigned covered parking ensures convenience and security. The property spans 2.6 acres, providing ample green space for relaxation and recreation. With 79.49% occupancy, there's immediate room to increase rental income by leasing the remaining eight vacant units. Proximity to shopping, healthcare, and public transit boosts the property's long-term investment appeal. Priced at $10,500,000, this complex presents robust upside potential in one of Utah's most vibrant submarkets. Location Description (Murray, Utah) Nestled in the core of Salt Lake County, Murray is fondly referred to as the "Hub of Salt Lake County." Its central position provides residents with convenient access to major transportation routes, including I-15 and I-215, as well as TRAX light rail. Murray boasts a thriving economic landscape supported by various industries, making it an attractive area for both businesses and residents. Local amenities include diverse retail options, quality healthcare facilities such as Intermountain Medical Center, and abundant recreational opportunities at nearby parks and trails. Its blend of suburban comfort and urban access continues to draw steady rental demand and long-term property appreciation. Highlights Located in the Heart of Murray Easy Access to Public Transit Unique Building Conversion Perfect Buy & Hold Asset Renovated in 2023 Additional amenities include: Resident lounge Brand-new fitness center Fire Pits Large Grass Areas BBQ courtyard with seating Community laundry rooms Assigned resident parking spots with covered parking On-site professional management team Elevator access Individual large, locked storage room included with each unit Short distance to Trax, IMC, and shopping Luxury Plank Flooring Quartz countertops Moen chrome fixtures Stainless steel GE kitchen appliances Microwave Refrigerator 4 burner range electric stove Dishwasher Disposal Two-tone kitchen cabinetry Air conditioning in all units Panoramic views Open-concept floorplans Full-height backsplash Undermount stainless steel sinks

Location

State UT

County Salt Lake

Area Murray; Taylorsvl; Midvale

Zoning Multi-Family

Interior

Interior Features Alarm: Fire, Disposal, Kitchen: Updated, Range/Oven: Free Stdng., Dishwasher: Built-In

Heating Forced Air

Fireplace No

Exterior

Exterior Feature Entry (Foyer)

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Present Use Residential

Topography Curb & Gutter, Road: Paved

Handicap Access Accessible Elevator Installed

Private Pool No

Building

Lot Description Curb & Gutter, Road: Paved

Sewer Sewer: Connected

Water Culinary, Irrigation: Pressure

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools None/Other

Middle Schools None/Other

High Schools None/Other

Others

Senior Community No

Tax ID 22-18-177-045

Listed by Investment Realty Advisors LLC

GET MORE INFORMATION

agent

Pam Slaughter

Agent | License ID: 6269153-SA00

+1(801) 440-9245

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Distinctive Properties Utah, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

404 E 5600 S