235 West 400 North Salt Lake City, UT 84103

$1,800,000
8
Beds
5
Baths
0.22
Acres
3,550
SQFT
507
$/SQFT
$1,800,000
8
Beds
5
Baths
3,550   sf
$507 / sf
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Seller Finance considered with large down. 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. 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. All units have central air, a stackable washer and dryer, and smart thermostats. 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.

Seller Finance considered with large down. 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. 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. All units have central air, a stackable washer and dryer, and smart thermostats. 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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Salt Lake
  • Area
    Salt Lake City: Avenues Area
  • Tax Amount
    $8,635
  • Status
    Active
  • Listing #
    1991220
  • Built
    1940
  • Lot Size
    0.22
  • Listed on site
    23 days
  • Complex / Subdivision
    PLAT A
  • Acres Range
    0.22

Listed by:

Source:
Utah Real Estate

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Property details

Community Features

  • No HOA

Exterior features

  • No Pool
  • Parking - RV / Boat
  • Parking

Financing

  • Cash
  • Conventional Financing
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