235 W 400 N Active

Salt Lake City,UT 84103

$ 1675000

8 Beds

5 Baths

3550 SqFt


Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,550 sqft

Price per Sqft $471

Subdivision Plat A

MLS Listing ID 1991220

Style Five-Plex

Bedrooms 8

Construction Status Blt./Standing

HOA Y/N No

Year Built 1940

Annual Tax Amount $8,635

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 0.0x0.0x0.0

Property Description

Turn key investment opportunity! The property has been a proven revenue generator as both a nightly and 30+ day rental model. This gorgeous Marmalade 5-plex was totally renovated in 2018 with new electrical, plumbing, HVAC, water main to street, bathrooms, flooring, stainless appliances, and quartz countertops. Central AC and a washer/dryer in each unit. Solar installed in 2023 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, and all furniture & decor. Flat screen TVs in each unit's living area and every bedroom. No basement or upper-level units! Dedicated off-street parking for each unit. Newly rebuilt porch. Quiet area within walking distance to area shops, downtown, temple square, City Creek and the Capitol.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.

Location

State UT

County Salt Lake

Area Salt Lake City: Avenues Area

Zoning Multi-Family

Interior

Interior Features Closet: Walk-In,Disposal,Gas Log,Kitchen: Updated,Range: Gas,Dishwasher: Built-In,Smart Thermostat(s)

Heating Gas: Central,Heat Pump

Flooring Laminate,Tile

Fireplaces Type Insert

Inclusions Dishwasher: Portable, Dryer, Fireplace Insert, Microwave, Range, Refrigerator, Washer, Window Coverings, Smart Thermostat(s)

Equipment Fireplace Insert,Window Coverings

Fireplace No

Window Features Blinds,Drapes

Exterior

Exterior Feature Double Pane Windows,Patio: Covered,Porch: Open

Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected

View Y/N No

Roof Type Asphalt

Present Use Residential

Topography Curb & Gutter, Fenced: Part, Road: Paved, Sprinkler: Auto-Full, Terrain, Flat

Handicap Access Ground Level,Single Level Living

Porch Covered,Porch: Open

Total Parking Spaces 5

Private Pool false

Building

Lot Description Curb & Gutter,Fenced: Part,Road: Paved,Sprinkler: Auto-Full

Faces North

Sewer Sewer: Connected

Water Culinary

Structure Type Brick,Stone

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Washington

Middle Schools Bryant

High Schools West

School District Salt Lake

Others

Senior Community No

Tax ID 08-36-255-011

Ownership Owned

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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