480 300, Salt Lake City, UT

480 300, Salt Lake City, UT, 84103

$835,000
6 Bedrooms
3 Bathrooms
3,551 sq. ft. Square Feet
1906 Year Built

Description

Three-unit property located in the heart of the Marmalade district, across the street from the library. It is in a prime location a few blocks from downtown, the freeway on-ramp, and the university. This re-emerging community lends to walkability with various points of interest such as The Delta Center, Ace Hardware, coffee shops, restaurants, and schools.

Full tenant occupancy (all on month to month leases), this turnkey property can produce a profit, or the primary resident can offset mortgage payments with rent. All units have their own washer and dryer. A new tankless water heater and generator as well as all electrical updated.

Separate electrical box for top and bottom unit. The 1,100 sq. ft.

garage is a key feature of the property. The garage has the option of subdividing for storage for each unit and increase rents. Or if the city will allow, a fourth unit could be constructed adding more rental income.

Great opportunity to start your investment portfolio!

Property Details

Bedrooms 6
Bathrooms 3
Square Footage 3,551 sq. ft.
Lot Size 5,227 sq ft
Year Built 1906
MLS # 2078615
Property Type Residential

Features & Amenities

  • Energy Efficient
  • Garage