PROPERTY DETAILS
About This Property
This home for sale at 275 W 500 N Salt Lake City, UT 84103 has been listed at $932,000 and has been on the market for 27 days.
Full Description
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!
Property Highlights
- Close to the new 300 west walkable corridor that could boost property values in the area.
- Under new Fannie Mae guidelines, multi units only require X down payment.
- A new tankless water heater and generator as well as all electrical updated.
- garage is a key feature of the property.
- The garage has the option of subdividing for storage for each unit and increase rents.
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General Information
-
Price
$932,000
-
Days on Market
27
-
Area
Salt Lake City: Avenues Area
-
Total Bedrooms
6
-
Total Bathrooms
3
-
House Size
3557 Sq Ft
-
Address
275 W 500 N Salt Lake City, UT 84103
-
Listed By
Equity Real Estate (Solid)
-
HOA
NO
-
Lot Size
0.12
-
Price/sqft
262.02
-
Year Built
1906
-
MLS
2078452
-
Garage
4 car garage
-
Status
Active
-
City
-
Term Of Sale
Cash,Conventional,FHA,VA Loan
Inclusions
- Ceiling Fan
- Dryer
- Microwave
- Range
- Refrigerator
- Washer
Interior Features
- Basement Apartment
- Closet: Walk-In
- Disposal
- Kitchen: Updated
- Range/Oven: Built-In
- Range/Oven: Free Stdng.
- Granite Countertops
- Dishwasher: Built-In
Exterior Features
- Basement Entrance
- Bay Box Windows
- Double Pane Windows
- Lighting
- Porch: Screened
Building and Construction
- Roof: Asphalt
- Exterior: Basement Entrance,Bay Box Windows,Double Pane Windows,Lighting,Porch: Screened
- Construction: Brick,Frame
- Foundation Basement: d d
Garage and Parking
- Garage Type: No
- Garage Spaces: 4
Land Description
- Corner Lot
- Curb & Gutter
- Fenced: Part
- Road: Paved
- Sidewalks
- View: Lake
- View: Mountain
Price History
Apr 17, 2025
$932,000
Just Listed
$262.02/sqft
LOVE THIS HOME?
Schedule a showing with a buyers agent
Kristopher
Larson
801-410-7917
Other Property Info
- Area: Salt Lake City: Avenues Area
- Zoning: Multi-Family
- State: UT
- County: Salt Lake
- This listing is courtesy of:: Whitney Lyle Equity Real Estate (Solid).
801-499-6463.
Utilities
Natural Gas Connected
Electricity Connected
Sewer Connected
Water Connected
This data is updated on an hourly basis. Some properties which appear for sale on
this
website
may subsequently have sold and may no longer be available. If you need more information on this property
please email kris@bestutahrealestate.com with the MLS number 2078452.
PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair
Housing Act
and Utah Fair Housing Act,
which Acts make it illegal to make or publish any advertisement that indicates any
preference,
limitation, or discrimination based on race,
color, religion, sex, handicap, family status, or national origin.
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