Price Reduced

Exterior - Showing entrance to units 1 & 2. Parking shown. One designated space per unit

Exterior showing entrances to units 4 & 5. Entrance for unit 3 is out of photo on left. Solar panels

Exterior showing proximity to downtown. Plenty of street parking in addition to designated spaces

Listed By Coldwell Banker Realty (Salt Lake-Sugar House), Charlene Owens. 801-488-5300
| Data Source: © 2023 Wasatch Front Regional Multiple Listing Service, Inc.

$1,700,000

($479/SF) • $/month

Listing Price

Down payment

Length of Loan

Interest Rate

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/year

HOA

/month

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estimated monthly payment:

Price Change: $-100,000 (4 Days Ago)

8 Bed •

5 Bath •

3,550 SF •

0.22 AC

235 W 400 N

Salt Lake City, UT 84103

Subdivision

Plat A

MLS# 1991220

39 Days on Market

Tia Monson Tia@mountainluxury.com 801.540.5173 Realtor®

Turn key investment opportunity! Named one of the best Short Term Rentals in Salt Lake City by 3 major travel blogs! This gorgeous Marmalade 5-plex was totally renovated in 2018 with new electrical, plumbing, HVAC, water main to street, bathrooms, flooring, stainless appliances, and quartz countertops. Central AC and a washer/dryer in each unit. Solar installed in February handles ~90% of electrical consumption, and includes backup batteries that cover up to a 3-day power outage. These 1 and 2 bedroom units are fully furnished including kitchen essentials, linens, irons, coffee makers, rollaway beds, and all furniture & decor. Flat screen TVs in each unit's living area and every bedroom. No basement or upper-level units! Dedicated off-street parking for each unit. Newly rebuilt porch. Quiet area within walking distance to area shops, downtown, temple square, City Creek and the Capitol. Currently, a long-term lease is in place with one individual who rents the units for 30+ days at a time. This lease can be terminated by either party with 30 days' notice. A new owner can continue with the current arrangement, or take the property in a new direction. Utility figures provided are for all 5 units combined. Information deemed reliable but not guaranteed. Buyer to verify all. Square footage figures are provided as a courtesy estimate only and were obtained from previous MLS listing. Buyer is advised to obtain an independent measurement.