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235 W 400 N

Salt Lake City, UT 84103
  • $1,700,000
  • STATUS: Active
  • ON SITE: 40 Days
  • ID#: 1991220
UPDATED: 54 min ago
$1,700,000
  • 8
    BEDS
  • 0.22
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,550
    SQFT
  • $479
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Turn key investment opportunity! Named one of the best Short Term Rentals in Salt Lake City by 3 major travel blogs! 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 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, 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. Currently, a long-term lease is in place with one individual who rents the units for 30+ days at a time. This lease can be terminated by either party with 30 days' notice. A new owner can continue with the current 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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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-05-30T14:41:46.023. 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.
www.thefieldsteam.com/homes/149495241
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235 W 400 N Salt Lake City, UT 84103

  • Price: $1,700,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 54 min ago
  • ID#: 1991220
8
Beds
5
Baths
0
½ Baths
0.22
Acres
3,550
SQFT
$479
$/SQFT
1940
Built
Neighborhood:
Plat A
County:
Salt Lake
Area:
Salt Lake City: Avenues Area
Elementary School:
Washington
Middle School:
Bryant
High School:
West
School District:
Salt Lake
Property Description
Turn key investment opportunity! Named one of the best Short Term Rentals in Salt Lake City by 3 major travel blogs! 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 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, 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. Currently, a long-term lease is in place with one individual who rents the units for 30+ days at a time. This lease can be terminated by either party with 30 days' notice. A new owner can continue with the current 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.
Exterior Features

Architectural Style Five-Plex Attached Garage YN No Carport YN No Construction Materials BrickStone Construction Status Blt./Standing Covered Spaces 0 Exterior Features Double Pane WindowsPatio: CoveredPorch: Open Frontage Length 0.0 Garage YN No Green Energy Generation Solar Horse Property YN No Lot Features Curb & GutterFenced: PartRoad: PavedSprinkler: Auto-Full Lot Size Dimensions 0.0x0.0x0.0 Mobile Length 0 Mobile Width 0 Open Parking Spaces 5 Open Parking YN Yes Other Equipment Fireplace InsertWindow Coverings Parking Features Parking: Uncovered Parking Total 5 Patio And Porch Features CoveredPorch: Open Pool Private YN No Roof Asphalt RVParking Dimensions 0.00 Spa YN No Topography Curb & GutterFenced: PartRoad: PavedSprinkler: Auto-FullTerrainFlat View YN No Waterfront YN No

Interior Features

Accessibility Features Ground LevelSingle Level Living Bathrooms Partial 0 Bathrooms Total 5 Building Area Total 3550 Cooling YN No Fireplace Features Insert Fireplace YN No Flooring LaminateTile Heating Gas: CentralHeat Pump Heating YN True Interior Features Closet: Walk-InDisposalGas LogKitchen: UpdatedRange: GasDishwasher: Built-InSmart Thermostat(s) Rooms Total 0 Window Features BlindsDrapes

Property Features

Association YN No Cross Street 400 Current Use Residential Direction Faces North Inclusions See RemarksDishwasher: PortableDryerFireplace InsertMicrowaveRangeRefrigeratorWasherWindow CoveringsSmart Thermostat(s) Irrigation Water Rights Acres 0 Lease Considered YN No Listing Terms CashConventionalSeller Finance New Construction YN No Power Production Solar Year Install 2023 Power Production Type Solar Property Attached YN No Property Condition Blt./Standing Property Sub Type > 4 Units Senior Community YN No Sewer Sewer: Connected Solar Ownership Owned Tax Annual Amount 8635 Utilities Natural Gas ConnectedElectricity ConnectedSewer ConnectedWater Connected Water Source Culinary Zoning Multi-Family Zoning Description SR1A

Listing provided courtesy of Coldwell Banker Realty (Salt Lake-Sugar House): 801-488-5300. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2024 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-05-30T14:41:46.023. 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.
 
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