625 N 900 W Unit 1, Salt Lake City, UT 84116
- $995,000
- 7
- BD
- 6
- BA
- 2,380
- SqFt
- List Price
- $995,000
- Status
- ACTIVE
- MLS#
- 2187896
- Days on Market
- 0
- Year Built
- 1896
- Bedrooms
- 7
- Bathrooms
- 6
- Square Feet
- 2,380
- Parcel Number
- 08-35-202-029
- Acres
- 0.31
- Terms
- Cash, Conventional, FHA, VA Loan
- County
- Salt Lake
- Region
- Salt Lake City; Rose Park
- Subdivision
- Rose Park
Property Description
Exceptional three-unit investment opportunity just minutes from downtown Salt Lake City! This unique Rose Park property combines an updated 3 bed 2 bath single-family home with a newer two-story duplex on the same large lot. The duplex features two 1,000 sq. ft. 2-bedroom, 2-bath units, each currently renting for $1,950/month. The front home offers an additional $2,000 in rental income, bringing projected combined rents to approximately $6,000/month. Each of the three units features its own fireplace and in-unit laundry, while the duplex has recently been refreshed with new carpet, paint, blinds and AC units. The front home is thoughtfully updated and includes solar panels and a 2 car garage/carport. Tenants pay all utilities, helping keep operating expenses low. With strong rental potential, newer construction, minimal near-term capital improvements and convenient access to downtown, this is a distinctive opportunity for an investor looking for a turnkey addition to their portfolio. Potential cost-segregation and accelerated-depreciation opportunity; buyers should consult their tax advisor regarding individual tax benefits.
Additional Information
- Taxes
- $2,702
- Exterior Features
- Double Pane Windows, Lighting, Porch: Open, Patio: Open
- Interior Features
- Disposal, Great Room, Kitchen: Updated, Oven: Gas, Vaulted Ceilings
- Floor
- Carpet, Tile, Vinyl
- Garage Spaces
- 2
- Heating
- Forced Air, Gas: Central
- Roof
- Asphalt
- School District
- Salt Lake
- Elementary School
- Jackson
- Middle School
- Northwest
- High School
- West
- Style
- Stories: 2
- Living Area
- 2,380
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Listing courtesy of The Agency Salt Lake City.
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