42 W 500 N, Salt Lake City, UT 84103

$996,900
6
BD
4
BA
2,688
SqFt

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List Price
$996,900
Status
ACTIVE
MLS#
2154730
Days on Market
86
Price Change
▼ $28,100 1784873192
Year Built
1938
Bedrooms
6
Bathrooms
4
Square Feet
2,688
Parcel Number
09-31-151-002
Acres
0.09
Terms
Cash, Conventional, Exchange
County
Salt Lake
Region
Salt Lake City: Avenues Area

Property 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.

Additional Information

Taxes
$3,897
Exterior Features
Basement Entrance, Double Pane Windows, Patio: Covered, Porch: Open
Interior Features
Basement Apartment, Disposal, Kitchen: Second, Kitchen: Updated, Mother-in-Law Apt., Range/Oven: Free Stdng., Dishwasher: Built-In
Garage Spaces
2
Heating
Electric, Forced Air
Roof
Asphalt, Pitched
School District
Salt Lake
Elementary School
Washington
Middle School
Northwest
High School
West
Style
Side By Side
Living Area
2,688

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Calculator source: Real Geeks

Listing courtesy of Platinum Place Realty.

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