Skip to content

Property

Salt Lake City, UT 84115 1895 S 200 E

Pending
1895 S 200 E Salt Lake City, UT - Image 11895 S 200 E Salt Lake City, UT - Image 21895 S 200 E Salt Lake City, UT - Image 3
29 more
1895 S 200 E Salt Lake City, UT - Image 41895 S 200 E Salt Lake City, UT - Image 51895 S 200 E Salt Lake City, UT - Image 61895 S 200 E Salt Lake City, UT - Image 71895 S 200 E Salt Lake City, UT - Image 81895 S 200 E Salt Lake City, UT - Image 91895 S 200 E Salt Lake City, UT - Image 101895 S 200 E Salt Lake City, UT - Image 111895 S 200 E Salt Lake City, UT - Image 121895 S 200 E Salt Lake City, UT - Image 131895 S 200 E Salt Lake City, UT - Image 141895 S 200 E Salt Lake City, UT - Image 151895 S 200 E Salt Lake City, UT - Image 161895 S 200 E Salt Lake City, UT - Image 171895 S 200 E Salt Lake City, UT - Image 181895 S 200 E Salt Lake City, UT - Image 191895 S 200 E Salt Lake City, UT - Image 201895 S 200 E Salt Lake City, UT - Image 211895 S 200 E Salt Lake City, UT - Image 221895 S 200 E Salt Lake City, UT - Image 231895 S 200 E Salt Lake City, UT - Image 241895 S 200 E Salt Lake City, UT - Image 251895 S 200 E Salt Lake City, UT - Image 261895 S 200 E Salt Lake City, UT - Image 271895 S 200 E Salt Lake City, UT - Image 281895 S 200 E Salt Lake City, UT - Image 291895 S 200 E Salt Lake City, UT - Image 301895 S 200 E Salt Lake City, UT - Image 311895 S 200 E Salt Lake City, UT - Image 321895 S 200 E Salt Lake City, UT - Image 33
Presented By: Rockwood & Company LLC - 801-809-5347
  • MLS# 1890340
  • 07/24/2023
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 3
  • SQFT • 2,100

Home Details

Welcome to this exquisite triplex located in a sought-after neighborhood, offering an exceptional investment opportunity for buyers looking to benefit from rental income. With three separate units, each with its own unique features and rental history, this property could be the next addition to your real estate portfolio. Property Highlights: Location: Situated in a desirable neighborhood, this triplex enjoys easy access to schools, parks, shopping centers, and all essential amenities, making it highly attractive to potential tenants. -Three-Bedroom Basement Unit: The basement unit features three bedrooms and has been rented for $1,525 per month. The current lease extends until July of next year 2024, providing a stable income stream for the foreseeable future. Two-Bedroom Main Floor Unit: The main floor unit boasts two bedrooms and comes fully furnished, making it a prime choice for mid-term rentals. The current lease runs until September 23rd of 2023 at $2,000. Attic Unit: The attic unit offers comfortable living space and is also fully furnished for mid-term rentals. Currently rented out at $1,350 per month, the lease extends until November of 2023, adding to the property's consistent rental income potential. 3D renderings for attic unit: https://my.matterport.com/show/?m=4HxPfnhNZ5v Cosmetic Update: The property has undergone a cosmetic update within the last few years, ensuring that the interior spaces are fresh, modern, and appealing to prospective tenants. This enhancement helps maintain the property's value and reduces the need for immediate renovations. Investment Opportunity: With three well-maintained units, each with reliable tenants and varying lease expiration dates, this triplex presents a remarkable investment opportunity. The diverse rental strategy, combining long-term leases in the basement with mid-term furnished rentals on the main floor and attic, ensures a steady cash flow with the potential for flexibility in the future. Total Rental Income: $1,450 (3-Bed Basement) + $2,000 (2-Bed Main Floor) + $1,350 (Attic) = $4,800 per month Lease Terms: Basement lease ends July of next year 2024, Main Floor lease ends July 31st 2023, and Attic lease ends in November 2023. Additional Benefits: The inclusion of furniture in the Main Floor and Attic units eliminates the need for additional expenses on furnishing, further enhancing the property's appeal to prospective tenants. Don't miss this exceptional opportunity to acquire a profitable triplex in a sought-after location. Whether you're a seasoned investor or an aspiring landlord, this property offers both immediate income and long-term potential. Act fast and schedule your private viewing today! Other remarks: - legal non conforming triplex. - 3 electric meters. - one gas meter which is included in rent. - Square footage figures are provided as a courtesy estimate only and were obtained from measurement from seller. Buyer is advised to obtain an independent measurement. *Seller is willing to pay up to $5,000 towards new windows for a full price offer.
Presented By: Rockwood & Company LLC - 801-809-5347

Interior Features for 1895 S 200 E

Bedrooms

Total Bedrooms6

Bathrooms

1/2 Baths0
Total Baths3

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Interior AmenitiesBasement Apartment

General for 1895 S 200 E

Architectural StyleUp And Down
Attached Garage No
Carport Y/NNo
CitySalt Lake City
Construction MaterialsBrick
CountySalt Lake
Current UseResidential
Elementary SchoolWhittier
Elementary School DistrictSalt Lake
Garage Y/NNo
HOANo
High SchoolHighland
High School DistrictSalt Lake
Home Warranty Y/NNo
Lease Considered Y/NNo
Listing TermsCash, Conventional, FHA, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet6969.6
Lot Size UnitsAcres
MLS AreaSalt Lake City; So. Salt Lake
Middle/Junior High SchoolHillside
Middle/Junior School DistrictSalt Lake
Mobile Length0
Mobile Width0
ModificationTimestamp2024-05-21T21:48:11Z
New ConstructionNo
Number Of Units Total3
OwnershipAgent Owned
PostalCitySalt Lake City
Property Attached Y/NNo
Property ConditionBlt./Standing
Property SubtypeTriplex
Property TypeResidential
Senior Community Y/NNo
SewerSewer: Connected
Standard StatusPending
StatusUnder Contract
Stories0
Subdivision NameBROADWAY ADD
Tax Annual Amount2855.0
Total Rooms0
UtilitiesNatural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Year Built1952
ZoningMulti-Family
Zoning DescriptionRESIDE

Exterior for 1895 S 200 E

Building Area Total2100.0
Covered Spaces
Frontage Length0.0
Horse Y/NNo
Lot Dimensions0.0x0.0x0.0
Lot Size Acres0.16
Lot Size Area0.16
Open Parking Y/NNo
Private PoolNo
RV Parking Dimensions0.00
SpaNo
Total Parking0
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Whittier Elementary School
High School Highland High School
Middle School Hillside Middle School

Jesus Yerena Delgado

Agent
Price $719,000
MLS#1890340
List Date 07/24/2023
Property Type Pending
Phone 801.915.1385
Request Tour
Request Info
Visit My Website

Similar Properties to 1895 S 200 E