Kitchen with a wealth of natural light, stainless steel appliances, and a sink

Kitchen with a sink, stacked washing maching and dryer, stainless steel appliances, light countertops, and baseboards

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Photo 4 of 275 W 500 N

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Great room with wood floors.

Photo 7 of 275 W 500 N

Kitchen featuring modern cabinets, stainless steel appliances, light countertops, and a sink

Photo 9 of 275 W 500 N

Interior space with concrete floors and baseboards

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Newley Remodeled bathroom with walk-in shower.

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Kitchen with plenty of natural light, a sink, stainless steel microwave, glass insert cabinets, and tasteful backsplash

Pantry with shelves and fridge. Side door to the spiral staircase in the back.

Recently remodeled bathroom with heated floors.

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Laundry room with storage.

Second bedroom in 275 unit. Walk in closets throughout unit.

Bungalow-style house featuring fence and a front lawn

View of bungalow

Back of main house featuring spiral staircase.

View of bungalow-style house

Large garage with approximately 1100 sq ft

Listed By Equity Real Estate (Solid), Whitney Lyle. 801-499-6463
| Data Source: © 2023 Wasatch Front Regional Multiple Listing Service, Inc.

Description

Details

Schools

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. The Marmalade Plaza redevelopment project, across the street, will be a great place for you or your tenants to walk dogs or a take a casual stroll. Close to the new 300 west walkable corridor that could boost property values in the area. With full tenant occupancy until June, this turnkey property can produce a profit, or the primary resident can offset mortgage payments with rent. Under new Fannie Mae guidelines, multi units only require X down payment. 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!

UTILITIES

Heating

Hot Water

Cooling

unspecified

Water/Sewer

Culinary, Sewer: Connected

Electric

unspecified

Info

Year Built

1906

Garage

4 Spaces

Style

Up And Down

2020 Taxes

$3,987

NAME	GRADES	DISTANCE
Washington Elementary	Pre - 6	0.4 miles
Bryant Jr. High	7 - 8	2.4 miles
West High School	7 - 12	0.6 miles

$932,000

($262/SF) • $/month

Listing Price

$

Down payment

$

%

Length of Loan

Interest Rate

%

Property Taxes

$

/year

HOA

$

/month

Insurance

$

/year

estimated monthly payment:

$

6 Bed •

3 Bath •

3,557 SF •

0.12 AC

275 W 500 N

Salt Lake City, UT 84103

Subdivision

MLS# 2078452

15 Days on Market

Tia Monson Portrait

Tia Monson Tia@mountainluxury.com 801.540.5173 Realtor®

Description

Details

Schools

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. The Marmalade Plaza redevelopment project, across the street, will be a great place for you or your tenants to walk dogs or a take a casual stroll. Close to the new 300 west walkable corridor that could boost property values in the area. With full tenant occupancy until June, this turnkey property can produce a profit, or the primary resident can offset mortgage payments with rent. Under new Fannie Mae guidelines, multi units only require X down payment. 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!

UTILITIES

Heating

Hot Water

Cooling

unspecified

Water/Sewer

Culinary, Sewer: Connected

Electric

unspecified

Info

Year Built

1906

Garage

4 Spaces

Style

Up And Down

2020 Taxes

$3,987

NAME	GRADES	DISTANCE
Washington Elementary	Pre - 6	0.4 miles
Bryant Jr. High	7 - 8	2.4 miles
West High School	7 - 12	0.6 miles

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