Property Facts Property Features Schools 55 days on UtahRealEstate.com

Property Facts

Days on URE 55
Status ACTIVE
MLS# 1984715
Type Duplex
Style Up And Down
Year Built 1929

AMAZING INVESTMENT OPPORTUNITY with instant income in this A+ LOCATION! Basement unit rents at $1400/month and main house is $4,400, so this investment is hands off ready for you. This property is easily rented to students each and every year. You can easily add a 6th bedroom to the main house to add another $800 of monthly income! This beautiful home is conveniently located Downtown close to the U of U, restaurants, parks and all the action! This home boasts the old world 1920's charm and character and has been well cared for from the maintenance of the home to the manicured grounds and SOLAR PANELS on the home. This home features hardwood floors, high coved ceilings, mahogany doors and molding, an antique fireplace, a full basement apartment and so much more! Additionally, the garage also has a second story which provides for extra storage, and could possibly be finished off for additional living space. The spacious backyard is perfect for evening BBQ and enjoying the valley views. Relax under the cozy pergola while enjoying your own home grown grapes and strawberries. Doesn't get any better than this! This home is leased as a duplex in an up and down set up. The landlord currently covers ~$700/month in utilities. The home is fully rented and has had no vacancies over the past several years. This home is a gem so don't miss out! No showings on the property until an offer has been accepted. Seller financing terms are negotiable, but would require at least $325k down payment.

Property Features

Interior Features Include

  • Alarm: Fire
  • Bar: Dry
  • Basement Apartment
  • Bath: Master
  • Kitchen: Second
  • Range: Gas
  • Vaulted Ceilings
  • Heating: Gas: Central; Hot Water; Hydronic

Exterior Features Include

  • Features: Basement Entrance; Double Pane Windows; Outdoor Lighting; Porch: Open; Skylights; Storm Doors; Storm Windows; Triple Pane Windows
  • Lot: Fenced: Part; Sidewalks; Sprinkler: Auto-Full; Terrain, Flat; View: Mountain; View: Valley; Drip Irrigation: Auto-Full
  • Landscape: Landscaping: Full; Mature Trees; Terraced Yard; Vegetable Garden
  • Roof: Asphalt Shingles
  • Exterior: Brick; Stucco
  • Garage/Parking: Detached; Heated; Opener; Storage Above
  • Garage Capacity: 2

Other Features Include

  • Amenities: Cable Tv Wired; Electric Dryer Hookup; Gas Dryer Hookup
  • Water: Culinary
  • Utilities: Gas: Connected; Power: Connected; Sewer: Connected; Water: Connected

Solar Information

  • Has Solar: Yes
  • Install Dt: 2021-06-01
  • Ownership: Owned

Totals

  • Total Units: 2
  • Tot SQ Ft: 3,319
  • Tot Bedrooms: 6
  • Tot Bthrooms: 4
  • Acres (Lot): 0.17

Zoning Information

  • Zoning: RESIDE

Buyer's Brokerage Compensation

2% - The listing broker's offer of compensation is made only to participants of UtahRealEstate.com.


Unit Configuration

Unit 1

  • Patios: 2
  • Disposals: 1
  • Oven Ranges: 1
  • Refrigerators: 1
  • Square Ft.: 2719
  • Bedrooms: 5
  • Full Baths: 1
  • ¾ Baths: 1
  • ½ Baths: 1
  • Family Rooms: 1
  • Formal Living Rms: 1
  • Kitchens: 1
  • Formal Dining: 1
  • Semi-formal Dining: 1
  • Laundry: 1
  • Fireplaces: 1
  • Rent: $4,400

Unit 2

  • Unfurnished: 1
  • Disposals: 1
  • Dishwashers: 1
  • Oven Ranges: 1
  • Refrigerators: 1
  • Square Ft.: 600
  • Bedrooms: 1
  • Full Baths: 1
  • Family Rooms: 1
  • Kitchens: 1
  • Bars: 1
  • Laundry: 1
  • Rent: $1,400

Schools

Designated Schools

Elementary School Bennion (M Lynn)
Middle School Bryant
High School East
School District Salt Lake

Nearby Schools

School data provided by GreatSchools.

For information about radon testing for homes in the state of Utah click here.

Contact Agent

Cody  Steck
Cody Steck
801-244-2297

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Listing Broker

Real Broker, LLC Company Logo
Real Broker, LLC
6975 Union Park Avenue
Suite 600
Cottonwood Heights, UT 84047
646-859-2368

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