UT
Salt Lake
Salt Lake City
84103
275 W 500 N
275 W 500 N, Salt Lake City, UT 84103
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Listing Type
Multi Family
Listing Status
active
29
$850,000

Home Details for 275 W 500 N

Price
$850,000
Type
Residential Income
Bedrooms
6
Bathrooms
3.0
Square feet
3557
Year built
1906
Lot size acres
0.12
County
Salt Lake
Garage
4
Days on site
159
MLS Listing#
2078452
Property Description

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. 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. 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
  • Utilities
    • Natural Gas Available
    • Natural Gas Connected
    • Electricity Connected
    • Sewer Connected
    • Water Connected
  • House Interior
    • Walk-In Closet(s)
    • Granite Counters
  • Cooling Information
    • None
  • Heating Information
    • Hot Water
  • Parking
    • RV Access/Parking
School Information
School Information for 275 W 500 N, Salt Lake City, UT 84103
Elementary School
Washington
Middle School
Bryant
High School
West
Listing Courtesy: Equity Real Estate (Solid) - 801-208-5872
Wasatch Front Regional MLS logoBased on information from the Wasatch Front Regional Multiple Listing Service, Inc. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-09-04 08:10:27
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EXIT REALTY LEGACY
4516 South 700 East Suite 190, Murray, UT 84107
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801 438 0246
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