$1,100,000
$1,074,900
2.3%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
5 Baths
3,948 SqFt
SOLD DATE : 10/18/2024
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,948 sqft
Price per Sqft $278
MLS Listing ID 2019136
Sold Date 10/18/24
Style Other/See Remarks
Bedrooms 7
Construction Status Blt./Standing
HOA Y/N No
Year Built 1938
Annual Tax Amount $5,872
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 0.0x0.0x0.0
Property Description
STEPS from the Capital building, this triplex will not disappoint. This amazing property can be setup for owner occupant or as a legacy investment property. Perfect for all options, including 1031 exchange. Strong rents in this amazing property will allow for strong investment potential, with total rents at $5,685 and tenants paying their own power and gas utilities. This meticulously maintained property had a brand new roof installed in 2021, and all brand new windows in 2022. Some upgrades have taken place inside the home including some bathrooms and kitchen work. Unit 1 features a townhome style unit with 3 bed and 2.5 baths as well as a 1 car garage. The other 2 units are 2 bed 1 bath. Property features plenty of off-street parking and 3 spot carport. Owner owns all 3 sets of washer, dryer, and all 3 refrigerators. Owner pays water sewer garbage which is ~$200/month. (could be billed back to tenants). Tenants pay power and gas on their own. Don't miss out on this rare chance to own a triplex in one of Salt Lake City's most desirable neighborhoods. This legacy property is a true gem in the heart of the city. Lease's are ending soon, so this is perfect for owner occupant, or for the new owner to bump rents up to meet market demand!
Location
State UT
County Salt Lake
Area Salt Lake City: Avenues Area
Zoning Multi-Family
Interior
Interior Features Dishwasher: Built-In
Heating Forced Air, Gas: Central
Flooring Carpet, Hardwood, Vinyl
Fireplace false
Window Features Blinds
Exterior
Exterior Feature Patio: Covered, Porch: Open
Garage Spaces 1.0
Carport Spaces 3
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Waterfront No
View Y/N Yes
View Mountain(s)
Roof Type Asphalt
Present Use Residential
Topography Corner Lot, Road: Paved, Sidewalks, Sprinkler: Auto-Part, Terrain: Hilly, View: Mountain
Porch Covered, Porch: Open
Parking Type Covered
Total Parking Spaces 9
Private Pool false
Building
Lot Description Corner Lot, Road: Paved, Sidewalks, Sprinkler: Auto-Part, Terrain: Hilly, View: Mountain
Faces West
Sewer Sewer: Connected, Sewer: Public
Water Culinary
Structure Type Aluminum
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Ensign
Middle Schools Bryant
High Schools West
School District Salt Lake
Others
Senior Community No
Tax ID 09-31-311-003
Acceptable Financing Cash, Conventional, Seller Finance, VA Loan
Horse Property No
Listing Terms Cash, Conventional, Seller Finance, VA Loan
Financing Seller Financing
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