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Dao Ly

team@lyrealtygroup.com +1(801) 755-7519

$ 550,000

Est. payment -/mo

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Active

1238 W 700 S Salt Lake City, UT 84104

4 Beds

2 Baths

1,475 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,475 sqft

Price per Sqft $372

MLS Listing ID 2071201

Style Side By Side

Bedrooms 4

Construction Status Blt./Standing

HOA Y/N No

Year Built 1961

Annual Tax Amount $1,913

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Duplex

Property Description

Incredible investment opportunity in an unbeatable Salt Lake location, close to parks, shopping and restaurants. Side by side, single-level duplex, each side with its own 2 full bedrooms and 1 full bathroom. The front unit was recently updated, including new light fixtures, carpets, and paint throughout. Major recent capital improvements include a new sewer lateral liner and windows, to name a few. The property has been a phenomenal rental, with prospective tenants calling even when it's not listed for rent! Each unit has a separate entrance, driveway, and individual in-unit washer and dryer hookups. The property was built as a legal duplex with two gas and two electric meters. The back unit is leased, making it perfect for an owner-occupant to "house hack" in Salt Lake County with an FHA loan at only 3.5% down or for an investor to 1031 exchange into an excellent income-producing property and get market rents! Owner/Agent.

Location

State UT

County Salt Lake

Area Salt Lake City; Rose Park

Interior

Heating Gas: Central

Flooring Carpet, Tile

Fireplace No

Exterior

Exterior Feature Double Pane Windows

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

View Y/N No

Roof Type Membrane

Present Use Residential

Topography Fenced: Part, Road: Paved, Sidewalks

Handicap Access Single Level Living

Total Parking Spaces 4

Private Pool No

Building

Lot Description Fenced: Part, Road: Paved, Sidewalks

Sewer Sewer: Connected, Sewer: Public

Water Culinary

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Edison

Middle Schools Glendale

High Schools West

School District Salt Lake

Others

Senior Community No

Tax ID 15-11-102-015

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Listed by Great Work Realty, PLLC