1451 Park Ave, Park City

$7,995,000

18 Beds
15 Baths
8,560 Sqft
.2 Acre
0 Garage

Rare Investment Opportunity: Fully Furnished 10-Unit/18 Bedroom Condo Complex near Park City Mountain Base. Introducing an exceptional investment opportunity in the heart of Park City, where you can own an entire building with 10 fully furnished condos, totaling 18 bedrooms. Located on prestigious Park Avenue, this building is perfectly situated just a short walk away from Park City Mountain and Main Street, making it one of the most sought-after locations in the area. The possibilities for this property are endless - whether you're looking to generate income through short-term rentals or offer housing to your employees, this building can cater to all your needs. Imagine starting your day with a mountain bike ride or a few runs on the slopes during ski season, all just a stone's throw away from your front door. And when it's time to unwind, you can walk to the nearby restaurants and coffee shops or relax in the spa/hot tub area exclusively for residents. The building is comprised of 10 condos, consisting of 6 two bedroom units, 3 one bedroom units, and 1 three bedroom unit, each with its own storage locker and access to a laundry facility. With its prime location on the free bus route and within walking distance to City Park, Main Street for shopping and dining, and Park City's mountain base and trail system, this property offers unparalleled convenience and easy access to all that Park City has to offer.

Essential Information
MLS® #1974641
Price$7,995,000
Bedrooms18
Bathrooms15.00
Square Footage8,560
Acres0.20
Year Built1978
TypeResidential
Sub-Type> 4 Units
StyleStories: 3
StatusActive
Community Information
Address1451 Park Ave
AreaPark City; Deer Valley
SubdivisionTHE ALPENHOF
CityPark City
CountySummit
StateUT
Zip Code84060
Utilities

Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected

Interior
InteriorCarpet,Tile
Interior FeaturesSee Remarks,Alarm: Fire
HeatingForced Air
Exterior
WindowsBlinds
RoofAsphalt
ConstructionCedar,Stone
Lot Description

See Remarks,Road: Paved,Sidewalks

School Information
DistrictPark City
ElementaryMcPolin
MiddleTreasure Mt
HighPark City
Additional Information
Date ListedJanuary 9th, 2024
Days on Market114
Zoning

See Remarks, Short Term Rental Allowed

Listing Details
AgentJaime Pack
Contact Details435-649-0891
Office

Christies International Real Estate Park City

Property History
Price Reduced from $8,750,000 to $7,995,000
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