Turn key investment opportunity! Named one of the best Short Term Rentals in Salt Lake City by 3 major travel blogs! This gorgeous Marmalade 5-plex was totally renovated in 2018 with new electrical, plumbing, HVAC, water main to street, bathrooms, flooring, stainless appliances, and quartz countertops. Central AC and a washer/dryer in each unit. Solar installed in February handles ~90% of electrical consumption, and includes backup batteries that cover up to a 3-day power outage. These 1 and 2 bedroom units are fully furnished including kitchen essentials, linens, irons, coffee makers, rollaway beds, and all furniture & decor. Flat screen TVs in each unit's living area and every bedroom. No basement or upper-level units! Dedicated off-street parking for each unit. Newly rebuilt porch. Quiet area within walking distance to area shops, downtown, temple square, City Creek and the Capitol. Currently, a long-term lease is in place with one individual who rents the units for 30+ days at a time. This lease can be terminated by either party with 30 days' notice. A new owner can continue with the current arrangement, or take the property in a new direction. Utility figures provided are for all 5 units combined. Information deemed reliable but not guaranteed. Buyer to verify all. Square footage figures are provided as a courtesy estimate only and were obtained from previous MLS listing. Buyer is advised to obtain an independent measurement.
1991220
Multi-Family, Other
8
Salt Lake
5
1940
0.22
Acres
Brick,Stone
3,550
Sq. Ft.
PLAT A
Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Residential
School Information
Washington
Bryant
West
Bathrooms
Total:5
Interior Features
- Appliances
- Dishwasher, Disposal, Gas Range
- Flooring
- Tile, Laminate
- Heating
- Gas Heat. Heat Pump, Central, Fireplace Insert.
- Doors/Windows
- Window Coverings, Blinds, Drapes
- Fireplaces
- Gas Log, Insert.
- Additional Interior Features
- Walk-In Closet(s)
Exterior / Lot Features
- Parking
- 5 Parking Spaces.
- Exterior
- Brick, Stone
- Patio
- Covered, Porch
- Roof
- Asphalt
- Lot Dimensions
- 0.0x0.0x0.0
- Dimensions
- Front - 0.0
- Zoning
- Multi-Family
Financial Considerations
08-36-255-011
$8,635
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