1 / 70

Triplex

$72,100 reduction

Active

117Days on Market

$996,900

$371/sqft+2.2%/yrHome values in the 84103 zip code have grown an average of 2.2% per year over the last 5 years.

$1,069,000↓$72,100 (7%)Jul 24

Mother-in-Law Suite2nd KitchenMountain ViewCorner Lot

Price history — protected

Price history is available to our clients. Request access and your agent will reach out.

I'm interested

About This Property

Prime Investment Area with good income, in Salt Lake City behind Utah State Capital and the highly desired Marmalade District! Live, work, and invest here! Gorgeous view of the Capital, Park, Mountains, & Valley, this REMODELED Triplex + Studio INTERIOR has been recently RENOVATED & UPDATED from the Studs Up! 2023 NEW- Plumbing, New Electrical, double pane Windows, Walls, Fixtures, HVAC, Lighting, Appliances & more finished with required permits! "Don't Judge A Book By It's Cover!" The Exterior still could use some paint & updates, but the value that has been added to this interior is great investment! The hardest part is done! Approved as a Legal non-conforming Triplex + Studio Apt w Separate Basement Entrance. RENTAL INCOME as much as $6620 per month. Largest Unit #40 Rent $2520 is (easy vacant for showings) has studio apt with 7th Room (non-egress). Unit #42 Rents $1800 has tenants., Unit #44 Rents vary seasonally averages $2200 Furnished (bottom west side). Tenant occupied units need at least 24 Hr notice. Please don't bother tenants. Buyer to verify all. Square footage figures are provided as a courtesy estimate only and were obtained from County . Buyer is advised to obtain an independent measurement.

Property Features

Heating

Electric,Forced Air

Laundry

Electric Dryer Hookup

Interior Features

Basement Apartment,Disposal,Kitchen: Second,Kitchen: Updated,Mother-in-Law Apt.,Range/Oven: Free Stdng.,Dishwasher: Built-In

Exterior Features

Basement Entrance,Double Pane Windows,Patio: Covered,Porch: Open

Parking

Parking: Uncovered

Unit Breakdown

Type 1

2 bed · 2 bath · Square Feet: 1344

$2,520/mo

Type 2

2 bed · 1 bath · Square Feet: 672

$1,800/mo

Type 3

2 bed · 1 bath · Square Feet: 672

$2,200/mo

Total Actual Rent(3 units)

$6,520/mo

Location

Estimated Monthly Payment

$5,568/mo

Down Payment$199,380 (20%)

Principal & Interest$5,056

Property Tax$325/mo

Insurance (est.)$187/mo

Est. Total$5,568/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

Generic estimate. Create an account to enter your down payment, rate, and cash on hand for a number tailored to you.

Create account & personalize

MLS# 2154730• Tax ID: 09-31-151-002

Courtesy of Cherie Orellana, Platinum Place Realty · 801-231-1843 · platinumplacerealty@gmail.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.