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250 N State St E

Salt Lake City, UT 84103
  • $1,075,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: 2019136
UPDATED: 56 min ago
$1,075,000
  • 7
    BEDS
  • 0.19
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,948
    SQFT
  • $272
    $/SQFT
Type:
Multi-Family
Built:
1938
County:

School Information

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

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!

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-09-14T23:43:16.75. 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.goberealty.com/homes/153996185
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250 N State St E Salt Lake City, UT 84103

  • Price: $1,075,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 56 min ago
  • ID#: 2019136
7
Beds
5
Baths
0
½ Baths
0.19
Acres
3,948
SQFT
$272
$/SQFT
1938
Built
Neighborhood:
Salt Lake City: Avenues Area
County:
Salt Lake
Area:
Salt Lake City: Avenues Area
Elementary School:
Ensign
Middle School:
Bryant
High School:
West
School District:
Salt Lake
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!
Exterior Features

Architectural Style Other/See Remarks Attached Garage YN Yes Carport Spaces 3 Carport YN Yes Construction Materials Aluminum Construction Status Blt./Standing Covered Spaces 4 Exterior Features Patio: CoveredPorch: Open Frontage Length 0.0 Garage YN Yes Horse Property YN No Lot Features Corner LotRoad: PavedSidewalksSprinkler: Auto-PartTerrain: HillyView: Mountain Lot Size Dimensions 0.0x0.0x0.0 Mobile Length 0 Mobile Width 0 Open Parking Spaces 5 Open Parking YN No Parking Features Covered Parking Total 9 Patio And Porch Features CoveredPorch: Open Pool Private YN No Roof Asphalt RVParking Dimensions 0.00 Spa YN No Topography Corner LotRoad: PavedSidewalksSprinkler: Auto-PartTerrain: HillyView: Mountain Vegetation Mature Trees View Mountain(s) View YN Yes Waterfront YN No

Interior Features

Bathrooms Partial 0 Bathrooms Total 5 Building Area Total 3948 Cooling YN No Fireplace YN No Flooring CarpetHardwoodVinyl Heating Forced AirGas: Central Heating YN True Interior Features Dishwasher: Built-In Rooms Total 0 Window Features Blinds

Property Features

Association YN No Cross Street 100 Current Use Residential Direction Faces West Inclusions DryerRangeRange HoodRefrigeratorWasher Irrigation Water Rights Acres 0 Lease Considered YN No Listing Terms CashConventionalSeller FinanceVA Loan New Construction YN No Property Attached YN No Property Condition Blt./Standing Property Sub Type Triplex Senior Community YN No Sewer Sewer: ConnectedSewer: Public Tax Annual Amount 5872 Utilities Natural Gas ConnectedElectricity ConnectedSewer ConnectedSewer: PublicWater Connected Water Source Culinary Zoning Multi-Family

Listing provided courtesy of Real Broker, LLC: cody@fastutahhomes.com. 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 2024-09-14T23:43:16.75. 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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goBE Realty
Salt Lake UT,