$874,900
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1538 S 700 E Salt Lake City, UT 84105
5 Beds
4 Baths
2,024 SqFt
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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Bought with Lifestyle Realty Inc.






