42 W 500 N Salt Lake City UT (#2154730) - Mountain Luxury
42 W 500 N Salt Lake City UT 84103
Price Reduced

MLS# 2154730 • 55 Days on Market • Residential

42 W 500 N Salt Lake City, UT 84103

$1,025,000

$-44,000 (15 Days Ago)

$381/SF • $/month |

6
Bed
4
Bath
2,688
SF
0.09
AC

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Listed By Platinum Place Realty, Cherie Orellana, 801-231-1843. | Data Source: © 2026 Wasatch Front Regional Multiple Listing Service, Inc.

Description

Prime Investment Area with good income, in Salt Lake City behind Utah State Capital and the highly desired Marmalade District! Live, work, and invest here! Gorgeous view of the Capital, Park, Mountains, & Valley, this REMODELED Triplex + Studio INTERIOR has been recently RENOVATED & UPDATED from the Studs Up! 2023 NEW- Plumbing, New Electrical, double pane Windows, Walls, Fixtures, HVAC, Lighting, Appliances & more finished with required permits! "Don't Judge A Book By It's Cover!" The Exterior still could use some paint & updates, but the value that has been added to this interior is great investment! The hardest part is done! Approved as a Legal non-conforming Triplex + Studio Apt w Separate Basement Entrance. RENTAL INCOME as much as $6620 per month. Largest Unit #40 Rent $2520 is (easy vacant for showings) has studio apt with 7th Room (non-egress). Unit #42 Rents $1800 has tenants., Unit #44 Rents vary seasonally averages $2200 Furnished (bottom west side). Tenant occupied units need at least 24 Hr notice. Please don't bother tenants. Buyer to verify all. Square footage figures are provided as a courtesy estimate only and were obtained from County . Buyer is advised to obtain an independent measurement.

Property Details

Heating Electric, Forced Air
Water/Sewer Culinary, Sewer: Connected, Sewer: Public
Year Built 1938
Garage 2 Spaces
Style Side By Side
Taxes $3,897

Schools

Washington Elementary

Northwest Jr. High

West High School

$1,025,000

$-44,000 (15 Days Ago)

$381/SF • $/month

6
Bed
4
Bath
2,688
SF
0.09
AC

Contact Tia

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Point of Interest Map

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