Description
Turn-key investment opportunity! This beautiful Marmalade 5-plex was totally renovated in 2018 with new electrical, plumbing, HVAC, water main to street, windows, flooring, stainless appliances, and quartz countertops. Solar installed in February handles ~90% of electrical consumption, and includes backup batteries that cover up to a 3-day power outage. These 1 and 2 bedroom units are fully furnished including kitchen essentials, linens, irons, coffee makers, rollaway beds. Flat screen TVs in each unit's living area and every bedroom. All units have central air, a stackable washer and dryer, and smart thermostats. No basement or upper-level units! Dedicated off-street parking for each unit. Newly rebuilt porch. Quiet area within walking distance to downtown, temple square, City Creek and the Capitol. Currently, a long-term lease is in place with one individual who rents out the units. This lease can be terminated by either party with 60 days' notice. A new owner can continue with the arrangement, or take the property in a new direction. Utility figures provided are for all 5 units combined. Information deemed reliable but not guaranteed. Buyer to verify all. Square footage figures are provided as a courtesy estimate only and were obtained from previous MLS listing. Buyer is advised to obtain an independent measurement.
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8BEDS
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0.22ACRES
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5BATHS
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01/2 BATHS
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3,550SQFT
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$507$/SQFT
School Information
Description
Turn-key investment opportunity! This beautiful Marmalade 5-plex was totally renovated in 2018 with new electrical, plumbing, HVAC, water main to street, windows, flooring, stainless appliances, and quartz countertops. Solar installed in February handles ~90% of electrical consumption, and includes backup batteries that cover up to a 3-day power outage. These 1 and 2 bedroom units are fully furnished including kitchen essentials, linens, irons, coffee makers, rollaway beds. Flat screen TVs in each unit's living area and every bedroom. All units have central air, a stackable washer and dryer, and smart thermostats. No basement or upper-level units! Dedicated off-street parking for each unit. Newly rebuilt porch. Quiet area within walking distance to downtown, temple square, City Creek and the Capitol. Currently, a long-term lease is in place with one individual who rents out the units. This lease can be terminated by either party with 60 days' notice. A new owner can continue with the arrangement, or take the property in a new direction. Utility figures provided are for all 5 units combined. Information deemed reliable but not guaranteed. Buyer to verify all. Square footage figures are provided as a courtesy estimate only and were obtained from previous MLS listing. Buyer is advised to obtain an independent measurement.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-06-07T00:01:56.507. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.