268 W 700 N, Salt Lake City, UT 84103

$775,000
4
BD
4
BA
2,268
SqFt

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List Price
$775,000
Status
ACTIVE
MLS#
2180315
Days on Market
4
Year Built
1927
Bedrooms
4
Bathrooms
4
Square Feet
2,268
Parcel Number
08-25-456-031
Acres
0.08
Terms
Cash, Conventional, Seller Finance
County
Salt Lake
Region
Salt Lake City: Avenues Area
Subdivision
Lot 4, Blk 1

Property Description

Walkable Marmalade money maker! Easy to manage/rent, income producer in the heart of the Marmalade district. Walking distance to downtown SLC, public transportation and many other amenities. Great freeway access. All four 1 bed/1 bath units (2 up 2 down) have the same layout and various levels of upgrades. All units have their own furnace, water heater, washer/dryer, full baths, and double paned windows. Full roof replacement in Aug '24. Lower level units are "garden" level with full sized windows and abundant natural light in every room. Separately metered with each unit having their own gas and electric bill.268 A is month to month at $1250/month. 268 B is month to month at $1150/month. 270 A is $975/month with a long term tenant who is moving out at the end of August. This unit will need some work. 270 B tenant just moved out, was at $1175/month ($1125/month base + $50/month pet fee). This unit is currently vacant and available to view. Seller financing will be considered with the following terms: 1) Full price offer. 2) ~50% down payment. 3) 5.5% interest only years 1-2, 7% years 3-5. Please see attached documents including recent survey. Owner recently sold part of this parcel to the neighbor and terminated legacy parking easement/lease which had been tied to the property.

Additional Information

Taxes
$4,174
Exterior Features
Double Pane Windows
Interior Features
Disposal, Range/Oven: Free Stdng., Dishwasher: Built-In
Floor
Carpet, Tile
Heating
Forced Air, Gas: Central
Roof
Asphalt
Elementary School
None/Other
Middle School
None/Other
High School
None/Other
Style
Up And Down
Living Area
2,268

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Listing courtesy of Paras Real Estate.

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