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Salt Lake City, UT 84103 48 E 200 N

48 E 200 N Salt Lake City, UT - Image 148 E 200 N Salt Lake City, UT - Image 248 E 200 N Salt Lake City, UT - Image 3
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Presented By: KW Salt Lake City Keller Williams Real Estate - 801-326-8800
  • MLS# 2028030
  • 10/03/2024
  • Request Tour
  • Request Info
  • Beds • 3
  • Baths • 3
  • SQFT • 2,200

Home Details

CREATE YOUR OWN RENT ROLL IN SEPTEMBER! NET NEARLY $50,000/YEAR BY INCREASING ALL THREE RENTS TO $1,345/MONTHLY! SHORT TERM RENTAL CABILITIES IN ZONE RMF-75! HISTORIC PROPERTY! Invest or occupy one of the units! This property has never been listed. Individual furnaces, water heaters, gas meters, and electric meters. Rents are due for an increase and can be increased in a few months with the potential for higher paying new tenants. Leases expire in September and vacancy can be negotiated immediately. Schedule a showing today and submit an offer. Steps from Capitol Hill discover The Moroni Heber Kimball House at 48 East 2nd North. Formerly owned by Heber Kimball, a leader in the early Latter Day Saint movement who served as one of the original twelve apostles then sold to William Spry who was the third governor of the State of Utah and the U.S. Marshal for Utah. This income-generating triplex has exceptional tenant retention and represents an incredible investment opportunity. 48 East 2nd North is also an irreplaceable contributing building of The Capitol Hill Historic District. This Folk Victorian style multiunit is estimated to be built circa 1888 in an esteemed neighborhood of incredible landmarks. Long tenured tenants, some of whom have called this place home for decades, drive consistent revenue and low operating expenses and RARE vacancy. Zoned RMF-75, there is optionality as a multi-family, single-family, or short-term rental. Additional features include a laundry room along with individual gas and electricity meters. All other expenses are allotted pro-rata to each unit paid by the tenants for easy management. The Moroni Heber Kimball tenants cover all utilities and property taxes, including a trash valet subscription fee, property tax fee, a media package fee, and additional charges based on monthly water usage. All of the tenants have parking passes directly behind the property. Tenants have everything: parking; trash valet, beautiful big windows; two-single-level-living floorplans; vaulted ceiling in the upstairs apartment; individual meters; updated features; and historic charm. The Heber Kimball floorplans are an outstanding feature, mostly single-level living, and not many historic properties contain great ceiling height and very little obsolescent unfunctional spaces. This property truly stands out as a rarity with no sales history in Utah's online multiple listing service records, making this a once-in-a-lifetime chance to own a piece of Salt Lake City's rich history. The property is also listed as a single-family residence, subject to county-approved conversion as an additional option to its future owner see MLS #2028035. Don't miss out on this extraordinary opportunity to own a historic, revenue-generating property on Capitol Hill. Only a handful of historic buildings are listed each year in The Capitol Hill Historic District, and each one offers something unique, this treasured triplex may just become your favorite acquisition yet. Contact the listing agent for more details or your agent today.
Presented By: KW Salt Lake City Keller Williams Real Estate - 801-326-8800

Interior Features for 48 E 200 N

Bedrooms

Total Bedrooms3

Bathrooms

1/2 Baths0
Total Baths3

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCarpet, Linoleum
Heating Y/NYes
Interior AmenitiesVaulted Ceilings
Window FeaturesBlinds

General for 48 E 200 N

AccessibilitySingle Level Living
Architectural StyleStories: 2
Attached Garage No
Carport Y/NNo
CitySalt Lake City
Construction MaterialsBrick
CountySalt Lake
Current UseResidential
Elementary SchoolBonneville
Elementary School DistrictSalt Lake
Facing DirectionNorth
Garage Y/NNo
HOANo
HeatingGas: Central
High SchoolEast
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 Feet4356.0
Lot Size UnitsAcres
MLS AreaSalt Lake City: Avenues Area
Middle/Junior High SchoolHillside
Middle/Junior School DistrictSalt Lake
Mobile Length0
Mobile Width0
ModificationTimestamp2025-04-09T07:15:57Z
New ConstructionNo
Number Of Units Total3
Patio/Porch FeaturesCovered, Porch: Open
PostalCitySalt Lake City
Property Attached Y/NNo
Property ConditionBlt./Standing
Property SubtypeTriplex
Property TypeResidential
RoofPitched, Tile
Senior Community Y/NNo
SewerSewer: Connected
Standard StatusActive
StatusActive
Stories0
Subdivision NameCAPITOL HILL HISTORIC DISTRICT
Tax Annual Amount2322.0
TopographyCurb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Drip Irrigation: Auto-Part
Total Rooms0
UtilitiesNatural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Waterfront Y/NNo
Year Built1888
ZoningSingle-Family, Multi-Family, Short Term Rental Allowed
Zoning DescriptionRMF75

Exterior for 48 E 200 N

Building Area Total2200.0
Covered Spaces
Exterior AmenitiesDouble Pane Windows, Patio: Covered, Porch: Open, Stained Glass Windows
Frontage Length0.0
Horse Y/NNo
InclusionsDryer, Washer
Lot Dimensions0.0x0.0x0.0
Lot FeaturesCurb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Drip Irrigation: Auto-Part
Lot Size Acres0.1
Lot Size Area0.1
Open Parking Y/NNo
Private PoolNo
RV Parking Dimensions0.00
SpaNo
Total Parking0
VegetationLandscaping: Full, Mature Trees
Water SourceCulinary

Additional Details

Price History

Schools

High School East High School
Middle School Hillside Middle School
Elementary School Bonneville Elementary School

Jesus Yerena Delgado

Agent
Price $833,499
MLS#2028030
List Date 10/03/2024
Property Type Multi-Family
Phone 801.915.1385
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