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Salt Lake City, UT 84103 275 W 500 N

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Presented By: Equity Real Estate (Solid) - 801-208-5872
  • MLS# 2078452
  • 04/17/2025
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 3
  • SQFT • 3,557
  • Garage • 4

Home Details

Three-unit property located in the heart of the Marmalade district, across the street from the library. It is in a prime location a few blocks from downtown, the freeway on-ramp, and the university. This re-emerging community lends to walkability with various points of interest such as The Delta Center, Ace Hardware, coffee shops, restaurants, and schools. The Marmalade Plaza redevelopment project, across the street, will be a great place for you or your tenants to walk dogs or a take a casual stroll. Close to the new 300 west walkable corridor that could boost property values in the area. With full tenant occupancy until June, this turnkey property can produce a profit, or the primary resident can offset mortgage payments with rent. Under new Fannie Mae guidelines, multi units only require X down payment. All units have their own washer and dryer. A new tankless water heater and generator as well as all electrical updated. Separate electrical box for top and bottom unit. The 1,100 sq. ft. garage is a key feature of the property. The garage has the option of subdividing for storage for each unit and increase rents. Or if the city will allow, a fourth unit could be constructed adding more rental income. Great opportunity to start your investment portfolio!
Presented By: Equity Real Estate (Solid) - 801-208-5872

Interior Features for 275 W 500 N

Bedrooms

Total Bedrooms6

Bathrooms

1/2 Baths0
Total Baths3

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCarpet, Hardwood, Tile
Heating Y/NYes
Interior AmenitiesBasement Apartment, Closet: Walk-In, Disposal, Kitchen: Updated, Range/Oven: Built-In, Range/Oven: Free Stdng., Granite Countertops, Dishwasher: Built-In
Laundry FeaturesElectric Dryer Hookup
Window FeaturesBlinds, Drapes

General for 275 W 500 N

Architectural StyleUp And Down
Attached Garage No
Carport Y/NNo
CitySalt Lake City
Construction MaterialsBrick, Frame
CountySalt Lake
Current UseResidential
DirectionsTwo addresses on the property. 480 N 300 West and 275 West 500 North.
Elementary SchoolWashington
Elementary School DistrictSalt Lake
Facing DirectionWest
Garage Spaces4.0
Garage Y/NYes
HOANo
HeatingHot Water
High SchoolWest
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 Feet5227.2
Lot Size UnitsAcres
MLS AreaSalt Lake City: Avenues Area
Middle/Junior High SchoolBryant
Middle/Junior School DistrictSalt Lake
Mobile Length0
Mobile Width0
ModificationTimestamp2025-04-18T20:33:41Z
New ConstructionNo
Number Of Units Total3
Open Parking Spaces4.0
Patio/Porch FeaturesScreened
PostalCitySalt Lake City
Property Attached Y/NNo
Property ConditionBlt./Standing
Property SubtypeTriplex
Property TypeResidential
RoofAsphalt
Senior Community Y/NNo
SewerSewer: Connected
Standard StatusActive
StatusActive
Stories0
Tax Annual Amount3987.0
TopographyCorner Lot, Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, View: Lake, View: Mountain
Total Rooms0
UtilitiesNatural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
ViewLake, Mountain(s)
Waterfront Y/NNo
Year Built1906
ZoningMulti-Family

Exterior for 275 W 500 N

Building Area Total3557.0
Covered Spaces4.0
Exterior AmenitiesBasement Entrance, Bay Box Windows, Double Pane Windows, Lighting, Porch: Screened
Frontage Length0.0
Horse Y/NNo
InclusionsCeiling Fan, Dryer, Microwave, Range, Refrigerator, Washer
Lot Dimensions0.0x0.0x0.0
Lot FeaturesCorner Lot, Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, View: Lake, View: Mountain
Lot Size Acres0.12
Lot Size Area0.12
Open Parking Y/NNo
Parking FeaturesRv Parking
Private PoolNo
RV Parking Dimensions0.00
SpaNo
Total Parking8.0
VegetationLandscaping: Full, Mature Trees
Water SourceCulinary

Additional Details

Price History

Schools

Elementary School Washington Elementary School
Middle School Bryant Middle School
High School West High School

Jesus Yerena Delgado

Agent
Price $932,000
MLS#2078452
List Date 04/17/2025
Property Type Multi-Family
Phone 801.915.1385
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