235 W 400 N, Salt Lake City, UT

$1,775,000

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8

Beds

5

Baths

3,550

Square feet

0.22

Acres

About 235 W 400 N

Seller Finance considered with large down. Turn key investment opportunity! Named one of the best AirBnb/Short Term Rentals in Salt Lake City by 3 major travel blogs! This beautiful Marmalade 5-plex was totally renovated in 2018 with new electrical, plumbing, HVAC, water main to street, windows, flooring, stainless appliances, and quartz countertops. Solar installed in February 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. Flat screen TVs in each unit's living area and every bedroom. All units have central air, a stackable washer and dryer, and smart thermostats. No basement or upper-level units! Dedicated off-street parking for each unit. Newly rebuilt porch. Quiet area within walking distance to downtown, temple square, City Creek and the Capitol. Currently, a long-term lease is in place with one individual who rents out the units. This lease can be terminated by either party with 60 days' notice. A new owner can continue with the arrangement, or take the property in a new direction. Check out roadaffair.com, brokebackpacker.com, and territorysupply.com for their articles highlighting the best short-term rentals/AirBnbs in Salt Lake! Utility figures provided are for all 5 units combined. 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.

Features of 235 W 400 N

MLS® # 1876129
Price $1,775,000
Bedrooms 8
Bathrooms 5.00
Square Footage 3,550
Acres 0.22
Year Built 1940
Type Residential
Sub-Type > 4 Units
Style Five-Plex
Status Active

Community Information

Address 235 W 400 N
Area Salt Lake City: Avenues Area
City Salt Lake City
County Salt Lake
State UT
Zip Code 84103

Amenities

Utilities Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
Is Waterfront No
Has Pool No

Interior

Interior Laminate,Tile
Interior Features Disposal,Gas Log,Range: Gas,Dishwasher: Built-In,Smart Thermostat(s)
Heating Gas: Central
Fireplace No

Exterior

Exterior Features Double Pane Windows,Patio: Covered
Lot Description Curb & Gutter,Fenced: Part,Road: Paved,Sprinkler: Auto-Full
Windows Blinds,Drapes
Roof Asphalt
Construction Brick

School Information

District Salt Lake
Elementary Washington
Middle Bryant
High West

Additional Information

Date Listed May 11th, 2023
Days on Market 164
Zoning Multi-Family
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentCharlene Owens
OfficeColdwell Banker Realty (Salt Lake-Sugar House)

Listing Map

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