Active

235 W 400 N

Salt Lake City UT, 84103

$1,675,000


$471.83 per sqft

Active

8 Beds

5 Baths

3,550 sqft

Residential

Built in 1940

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 2023 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. 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.

1991220

MLS ID

April 9, 2024

Listed

August 23, 2024

Updated

Map

235 W 400 N
Salt Lake City UT, 84103

Interior Features

Total Stories

0


Bedrooms

8


Total Bathrooms

5


Interior Features

Closet: Walk-In, Disposal, Gas Log, Kitchen: Updated, Range: Gas, Dishwasher: Built-In, Smart Thermostat(s)


Floor Description

Laminate, Tile


Fireplace

No


Fireplace Description

Insert


Cooling

No


Heating

Yes


Heating Description

Gas: Central, Heat Pump

Exterior/Building Features

Lot Size

0.22 Acres


Exterior Features

Double Pane Windows, Patio: Covered, Porch: Open


Lot Features

Curb Gutter, Fenced: Part, Road: Paved, Sprinkler: Auto-Full


Architectual Style

Five-Plex


Roof

Asphalt


Sewer

Sewer: Connected

School Information

School District

Salt Lake


High School

West


Elementary School

Washington

Other Property Details

Area Name

Salt Lake City: Avenues Area


Taxes

$8,635


Tax Frequency

Annually


Days on Market

113


Garage

No


Parking

Parking: Uncovered


Parking Total

5


View

No


County

Salt Lake


Water Source

Culinary


Pool

No


Zoning

Multi-Family

Green Building Features

Green Features

Solar

Listing History

Date

Event

Price

8/5/2024

Price change

$1,675,000

-2%

7/1/2024

Active

6/11/2024

Under contract

6/4/2024

Pending

5/13/2024

Price change

$1,700,000

-6%

Courtesy of Coldwell Banker Realty (Salt Lake-Sugar House)

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6:16 PM UTC, 8/23/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Petra Winegar shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Wasatch Front Regional MLS, Inc. All rights reserved.

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