42 W 500 N, Salt Lake City, UT 84103

$949,000
6
BD
4
BA
2,688
SqFt

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Property Description

NEW HUGE PRICE IMPROVEMENT now below appraisal that was done after renovation! Don't miss this! 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 Remodeled & updated into a Triplex - 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 a renovation with some paint & updates, but the value that has been added to this interior is great investment! Approved as a Legal non-conforming Triplex + Studio Apt w Separate Basement Entrance. RENTAL INCOME as much as $6620 per month includes utilities. Largest Unit #40 Rents $2520 is and has a studio apt with 7th Room (non-egress). Unit #42 Rents $1800 has tenants., Unit #44 Rents vary seasonally, currently $2050.76 average Furnished (bottom west side). All Units Tenant occupied & 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.

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Listing courtesy of Platinum Place Realty.