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Updated about 4 years ago,
Hippest Neighborhood Near Downtown SLC
Hey BP Fam - I'm looking to purchase a SFR near Downtown SLC for my periodic use in winter (big skier) and summer (escaping Texas heat and hiking); but it needs to generate income as an STR when I'm not there. It does not have to pay for itself entirely per se, but it should cover at least a big chunk of debt service.
Budget is $500k-$700k(ish), and I want to be walkable to good restaurants / public transit / other amenities. I think it's going to have to be 9th and 9th area, Sugar House, or something similar. Looking for the most progressive, LGBT-Friendly, close to University, ethnic restaurants, etc.
Don't really care about the age of the building; charm is key. I can spend some money doing cosmetic fix up but a major fixer isn't in the cards given my lack of trades knowledge there.
Ideas on neighborhoods? And if you're a HIGHLY experienced real estate agent, preferably with investment experience and know the areas that I am looking for very well, also feel free to reach out.
Cheers