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

ADU Information:

• Attached
• Currently Rented
• Monthly Rent: $1,095
• Approx Sq. Ft.: 1,000 sqft
• Beds: 1
• Baths: 1
• Kitchen Included: Yes
• Separate Entrance: Yes
• Separate Water Meter: No
• Separate Gas Meter: No
• Separate Electric Meter: No

Other Features

• Amenities:
• Utilities:
• Water:

Property Size

• Floor 2: 1,100 sq. ft.
• Floor 1: 1,451 sq. ft.
• Basement 1: 1,000 sq. ft.
• Total: 3,551 sq. ft.
• Lot Size: 0.12 Acres

Floor Details

• 6 Total Bedrooms
• Floor 2: 2
• Floor 1: 3
• Basement 1: 1
• 3 Total Bathrooms
• Floor 2: 1 Full
• Floor 1: 1 Full
• Basement 1: 1 Full
• Other Rooms:
• Floor 2: 1 Family Rm(s); 1 Kitchen(s); 1 Laundry Rm(s);
• Floor 1: 1 Family Rm(s); 1 Kitchen(s); 1 Laundry Rm(s);
• Basement 1: 1 Family Rm(s); 1 Kitchen(s); 1 Laundry Rm(s);

Schools

Designated Schools

View School Ratings by Utah Dept. of Education

Nearby Schools

Nearby Schools data provided by GreatSchools.

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This 6 bedroom, 3 bathroom home is located at 480 N 300 W in Salt Lake City, UT. Built in 1906, the house sits on a 0.12 acre lot of land and is currently for sale at $932,000. This home is located in Salt Lake County and schools near this property include Washington Elementary School, Bryant Middle School, West High School and is located in the Salt Lake School District.

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