42 W 500 N, Salt Lake City, UT 84103

$949,000
6
BD
4
BA
2,688
SqFt

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List Price
$949,000
Status
UNDER CONTRACT
MLS#
2154730
Days on Market
183
Price Change
▼ $36,000 1790999908
Year Built
1938
Bedrooms
6
Bathrooms
4
Square Feet
2,688
Parcel Number
09-31-151-002
Acres
0.09
Terms
Cash, Conventional, Exchange, FHA, VA Loan
County
Salt Lake
Region
Salt Lake City: Avenues Area

Property Description

NEW HUGE PRICE IMPROVEMENT now below appraisal that was done after renovation! Don't miss this! 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 Remodeled & updated into a Triplex - 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 a renovation with some paint & updates, but the value that has been added to this interior is great investment! Approved as a Legal non-conforming Triplex + Studio Apt w Separate Basement Entrance. RENTAL INCOME as much as $6620 per month includes utilities. Largest Unit #40 Rents $2520 is and has a studio apt with 7th Room (non-egress). Unit #42 Rents $1800 has tenants., Unit #44 Rents vary seasonally, currently $2050.76 average Furnished (bottom west side). All Units Tenant occupied & 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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Listing courtesy of Platinum Place Realty.

Information deemed reliable but not guaranteed accurate. Buyer to verify all information. Terms of Use
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