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.

Property Features

Interior Features Include

• Closet: Walk-In
• Dishwasher: Built-In
• Disposal
• Gas Log
• Kitchen: Updated
• Range: Gas
• Smart Thermostat(s)
• Heating: Gas: Central; Heat Pump

Exterior Features Include

• Features: Double Pane Windows; Patio: Covered; Porch: Open
• Lot: Curb & Gutter; Fenced: Part; Road: Paved; Sprinkler: Auto-Full; Terrain, Flat
• Roof: Asphalt Shingles
• Exterior: Brick; Stone
• Garage/Parking: Parking: Uncovered

Other Features Include

• Amenities: See Remarks
• Water: Culinary
• Utilities: Gas: Connected; Power: Connected; Sewer: Connected; Water: Connected

Solar Information

• Has Solar: Yes
• Install Dt: 2023-02-01
• Ownership: Owned

Totals

• Total Units: 5
• Tot SQ Ft: 3,550
• Tot Bedrooms: 8
• Tot Bthrooms: 5
• Acres (Lot): 0.22

Zoning Information

• Zoning: SR1A

Buyer's Brokerage Compensation

2.5% - The listing broker's offer of compensation is made only to participants of UtahRealEstate.com.

Schools

Designated Schools

View School Ratings by Utah Dept. of Education

Nearby Schools

School data provided by GreatSchools.

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