Salt Lake City, UT 84105,1538 S 700 E
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Salt Lake City, UT 84105,1538 S 700 E
Salt Lake City, UT 84105,1538 S 700 E
Salt Lake City, UT 84105,1538 S 700 E
Salt Lake City, UT 84105,1538 S 700 E

$874,900

Est. payment /mo
Est.Price: ?

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1538 S 700 E Salt Lake City, UT 84105

5 Beds

4 Baths

2,024 SqFt

SOLD DATE : 11/02/2023

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,024 sqft

Price per Sqft $415

Subdivision Midvale Sub

MLS Listing ID 1893941

Style Up And Down

Bedrooms 5

Year Built 1922

Annual Tax Amount $2,461

Lot Size 0.260 Acres

Property Sub-Type Duplex

Property Description

Experience the best of both worlds with this legal up-down urban duplex. Perfect blend of a well appointed comfortable retreat with a vibrant local lifestyle right at your doorstep! Perfect for long or short term rental or owner occupied rental combo. Investor delight, ready for any type rental with separate power and gas meters. Currently a vacation rental property, 2022 earnings 62k net on one unit. Second unit added for the first quarter of 2023, both units together earned 29k net. Property was then closed to complete a 100% remodel, vacant and ready to show. New roof, windows, all new electrical, plumbing, central heat and ac systems, appliances with granite kitchens and baths. Monthly luxury rental scale of 3k plus as each unit has its own entrance, off street parking for two cars and a private fenced yard, perfect for dogs. Each has laundry, smart locks, hot tub, bbq, firepit, garden and furnished patio. Also has a two car garage worth 2-300 monthly. Passed mold, radon and meth, the home inspector gave it 5 stars! Low maintenance no water landscape, egress windows, R50 attic insulation, recessed led lighting with average utilities of 350 per month total. Recent guests and tenants have positively reviewed our 5 star central location. Large property 11,000 square feet consisting of two additional parcels 16-17-151-007 and 16-17-151-006. Property taxes 2022- 2,461. Furnishings negotiable. Buyer to verify all.

Location

State UT

County Salt Lake

Area Salt Lake City; So. Salt Lake

Interior

Heating Gas: Central

Flooring Tile

Equipment Hot Tub, Storage Shed(s), Window Coverings

Laundry Gas Dryer Hookup

Exterior

Exterior Feature Double Pane Windows, Skylights, Patio: Open

Garage Spaces 2.0

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

View Y/N Yes

View Mountain(s)

Roof Type Asphalt

Building

Lot Description Curb & Gutter, Road: Paved, Secluded, Sidewalks, View: Mountain

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Structure Type Brick,Clapboard

New Construction No

Schools

Elementary Schools Hawthorne

Middle Schools Clayton

High Schools East

School District Salt Lake

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Intermountain Properties
Bought with Lifestyle Realty Inc.
Doug Cary

Doug Cary

Broker Associate | License ID: 6004248

+1(801) 450-0997

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