$934,000
$974,900
4.2%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
3,319 SqFt
SOLD DATE : 04/30/2024
Key Details
Sold Price $934,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,319 sqft
Price per Sqft $281
Subdivision Arlington Heights
MLS Listing ID 1984715
Sold Date 04/30/24
Style Up And Down
Bedrooms 6
Construction Status Blt./Standing
HOA Y/N No
Year Built 1929
Annual Tax Amount $4,920
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 0.0x0.0x0.0
Property Description
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.
Location
State UT
County Salt Lake
Area Salt Lake City; So. Salt Lake
Zoning See Remarks, Multi-Family
Interior
Interior Features Alarm: Fire, Bar: Dry, Basement Apartment, Bath: Master, Kitchen: Second, Range: Gas, Vaulted Ceilings
Heating Gas: Central, Hot Water, Hydronic
Flooring Carpet, Hardwood, Tile
Fireplaces Type Insert
Equipment Basketball Standard, Fireplace Insert, Window Coverings, Wood Stove
Fireplace false
Window Features Blinds,Drapes
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Exterior Feature Basement Entrance, Double Pane Windows, Lighting, Porch: Open, Skylights, Storm Doors, Storm Windows, Triple Pane Windows
Garage Spaces 2.0
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
View Y/N Yes
View Mountain(s), Valley
Roof Type Asphalt
Present Use Residential
Topography Fenced: Part, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain, View: Valley, Drip Irrigation: Auto-Full
Porch Porch: Open
Total Parking Spaces 8
Private Pool false
Building
Lot Description Fenced: Part, Sidewalks, Sprinkler: Auto-Full, View: Mountain, View: Valley, Drip Irrigation: Auto-Full
Faces East
Sewer Sewer: Connected
Water Culinary
Structure Type Brick,Stucco
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Bennion (M Lynn)
Middle Schools Bryant
High Schools East
School District Salt Lake
Others
Senior Community No
Tax ID 16-08-231-021
Acceptable Financing Cash, Conventional, FHA, Seller Finance
Horse Property No
Listing Terms Cash, Conventional, FHA, Seller Finance
Financing Seller Financing
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Bought with Century 21 Everest