268 W 700 N, Salt Lake City, UT 84103
268 W 700 N, Salt Lake City, UT 84103
268 W 700 N, Salt Lake City, UT 84103
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$775,000
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4 Beds
4 Baths
2,268 SqFt
New

268 W 700 N Salt Lake City, UT 84103

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,268 sqft

Price per Sqft $341

Subdivision Lot 4, Blk 1

MLS Listing ID 2180315

Style Up And Down

Bedrooms 4

Construction Status Blt./Standing

HOA Y/N No

Year Built 1927

Annual Tax Amount $4,174

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Quadruplex

Property Description

Walkable Marmalade money maker! Easy to manage/rent, income producer in the heart of the Marmalade district. Walking distance to downtown SLC, public transportation and many other amenities. Great freeway access. All four 1 bed/1 bath units (2 up 2 down) have the same layout and various levels of upgrades. All units have their own furnace, water heater, washer/dryer, full baths, and double paned windows. Full roof replacement in Aug '24. Lower level units are "garden" level with full sized windows and abundant natural light in every room. Separately metered with each unit having their own gas and electric bill.268 A is month to month at $1250/month. 268 B is month to month at $1150/month. 270 A is $975/month with a long term tenant who is moving out at the end of August. This unit will need some work. 270 B tenant just moved out, was at $1175/month ($1125/month base + $50/month pet fee). This unit is currently vacant and available to view. Seller financing will be considered with the following terms: 1) Full price offer. 2) ~50% down payment. 3) 5.5% interest only years 1-2, 7% years 3-5. Please see attached documents including recent survey. Owner recently sold part of this parcel to the neighbor and terminated legacy parking easement/lease which had been tied to the property.

Location

State UT

County Salt Lake

Area Salt Lake City: Avenues Area

Zoning Multi-Family, Commercial

Interior

Interior Features Disposal, Range/Oven: Free Stdng., Dishwasher: Built-In

Heating Forced Air, Gas: Central

Flooring Carpet, Tile

Inclusions Dryer, Range, Range Hood, Refrigerator, Washer

Fireplace No

Window Features Blinds

Exterior

Exterior Feature Double Pane Windows

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Asphalt

Present Use Residential

Topography Fenced: Part, Sprinkler: Auto-Part, Terrain, Flat, Drip Irrigation: Auto-Part

Private Pool No

Building

Lot Description Fenced: Part, Sprinkler: Auto-Part, Drip Irrigation: Auto-Part

Faces South

Sewer Sewer: Connected

Water Culinary

Architectural Style Up And Down

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools None/Other

Middle Schools None/Other

High Schools None/Other

Others

Senior Community No

Tax ID 08-25-456-031

Acceptable Financing Cash, Conventional, Seller Finance

Listing Terms Cash, Conventional, Seller Finance


Listed by Paras Real Estate

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La Chinita Casas

La Chinita Casas

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268 W 700 N