235 W 400 N Salt Lake City, UT 84103
Turn key investment opportunity! 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.
- Property TypeMulti-Family
- NeighborhoodPlat A
- CountySalt Lake
- Taxes$8,635
- HOA/Condo/Coop Fees$0
- Days on Site73 Days
- MLS StatusActive Under Contract
- MLS ID Number1991220
- Home Size Source N/A
- Year Built1940
- Lot Size0.22 Acres
- Full Baths5
- Partial BathsN/A
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