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Existing Home
275 W 500 N , Salt Lake City, Salt Lake County, UT 84103

The Home

Status: Sold / Style: Up And Down /

/SQF 835,000

EST. Mortgage

$/mo*
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Three-unit property located in the heart of the Marmalade district, across the street from the library. It is in a prime location a few blocks from downtown, the freeway on-ramp, and the university. This re-emerging community lends to walkability with various points of interest such as The Delta Center, Ace Hardware, coffee shops, restaurants, and schools. Full tenant occupancy (all on month to month leases), this turnkey property can produce a profit, or the primary resident can offset mortgage payments with rent. All units have their own washer and dryer. A new tankless water heater and generator as well as all electrical updated. Separate electrical box for top and bottom unit. The 1,100 sq. ft. garage is a key feature of the property. The garage has the option of subdividing for storage for each unit and increase rents. Or if the city will allow, a fourth unit could be constructed adding more rental income. Great opportunity to start your investment portfolio!
MLS#: 2078452
Price Decreased From 932,000 To 835,000

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  • 5227.2 Lot Size Sq. Ft.
  • 3557 Finished Sq. Ft.
  • 6 Beds
  • 3 Baths
  • 4 Garages
  • 835,000
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* Estimated Mortgage based on an average mortgage rate of 6.55 30 Year Fixed. This rate is offered with 20% down and a credit score of 740+ Taxes and Insurance not included.
Property Listed By Equity Real Estate (Solid)
Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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