480 N 300 W, Salt Lake City, UT 84103

$932,000

bedrooms

bathrooms

square feet

3,551

Acreage

0.12

Open Houses

year built

1906

Full Baths

Half Baths

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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!

Location
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Elementary School	-
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Open houses

None scheduled.

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MLS number: 2078615

Listing agent: Whitney Lyle

Listing broker: Equity Real Estate - Solid (801) 790-4030

Last update: Friday, April 18 2025 at 2:57 p.m. EDT

Kotohomes National