Property Facts
Three-unit property located in the heart of the Marmalade district, across the street from the library. It is in a prime location a few blocks from downtown, the freeway on-ramp, and the university. This re-emerging community lends to walkability with various points of interest such as The Delta Center, Ace Hardware, coffee shops, restaurants, and schools. The Marmalade Plaza redevelopment project, across the street, will be a great place for you or your tenants to walk dogs or a take a casual stroll. Close to the new 300 west walkable corridor that could boost property values in the area. With full tenant occupancy until June, this turnkey property can produce a profit, or the primary resident can offset mortgage payments with rent. Under new Fannie Mae guidelines, multi units only require X down payment. All units have their own washer and dryer. A new tankless water heater and generator as well as all electrical updated. Separate electrical box for top and bottom unit. The 1,100 sq. ft. garage is a key feature of the property. The garage has the option of subdividing for storage for each unit and increase rents. Or if the city will allow, a fourth unit could be constructed adding more rental income. Great opportunity to start your investment portfolio!
Property Features
Interior Features
Exterior Features
Other Features
Included in Transaction
Totals
Unit Configuration
Schools
Designated Schools
Nearby Schools
| GreatSchools Rating | School Name | Grades | Distance |
|---|---|---|---|
| West High School Public Middle School, High School |
7-12 | 0.42 mi | |
| Washington School Public Preschool, Elementary |
PK | 0.18 mi | |
| Jackson School Public Preschool, Elementary |
PK | 0.81 mi | |
| Madeleine Choir School Private Preschool, Elementary, Middle School |
PK-8 | 1.06 mi | |
| Open Classroom Preschool, Elementary, Middle School |
1.20 mi | ||
| Salt Lake Virtual Elementary Public Elementary, Middle School |
K-8 | 1.42 mi | |
| Salt Lake District Preschool, Elementary, Middle School, High School |
1.42 mi | ||
| Salt Lake Virtual School Public Middle School, High School |
7-12 | 1.42 mi | |
| Rose Park School Public Preschool, Elementary |
PK | 1.46 mi | |
| City Academy Charter Middle School, High School |
7-12 | 1.63 mi | |
| Odyssey House Childrens Services (YIC) Public Middle School, High School |
7-12 | 1.70 mi | |
| K12 International Academy Private Elementary, Middle School, High School |
K-12 | 1.71 mi | |
| The Keystone School Private Middle School, High School |
6-12 | 1.71 mi | |
| Ensign School Public Preschool, Elementary |
PK | 1.75 mi | |
| Franklin School Public Preschool, Elementary |
PK | 1.75 mi |
School data provided by GreatSchools.
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Contact Agent
Whitney Lyle
801-499-6463Listing Broker
Equity Real Estate (Solid)
1218 E 7800 S
#150
Sandy, UT 84094
801-208-5872