Property photo 1
70 photos
ActiveMLS# 215473093 days on market

$996,900

42 W 500 N

Salt Lake City, UT 84103

6 BD|4 BA|2,688 SQFT|$370.87/sqft

About This Property

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.

Features & Amenities

Basement

Property Details

Property TypeSingle Family
Year Built1938
Lot Size3,920 sqft
Garage2 cars
Price / Sqft$370.87
Days on Market93
MLS Number2154730

Christina Lovell

REALTOR®

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Est. Monthly Payment

$5,996

P&I: $5,041 | Tax: $706 | Insurance: $249

$996,900
%
%
Loan Amount$797,520
Down Payment$199,380

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location