625 N 900 W #1, Salt Lake City, UT 84116
625 N 900 W #1, Salt Lake City, UT 84116
625 N 900 W #1, Salt Lake City, UT 84116
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$995,000
Est. payment /mo
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7 Beds
6 Baths
2,380 SqFt
New

625 N 900 W #1 Salt Lake City, UT 84116

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Liz Barra

Liz Barra

+1(801) 696-3873

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,380 sqft

Price per Sqft $418

Subdivision Rose Park

MLS Listing ID 2187896

Style Stories: 2

Bedrooms 7

Construction Status Blt./Standing

HOA Y/N No

Year Built 1896

Annual Tax Amount $2,702

Lot Size 0.310 Acres

Acres 0.31

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Triplex

Property Description

Exceptional three-unit investment opportunity just minutes from downtown Salt Lake City! This unique Rose Park property combines an updated 3 bed 2 bath single-family home with a newer two-story duplex on the same large lot. The duplex features two 1,000 sq. ft. 2-bedroom, 2-bath units, each currently renting for $1,950/month. The front home offers an additional $2,000 in rental income, bringing projected combined rents to approximately $6,000/month. Each of the three units features its own fireplace and in-unit laundry, while the duplex has recently been refreshed with new carpet, paint, blinds and AC units. The front home is thoughtfully updated and includes solar panels and a 2 car garage/carport. Tenants pay all utilities, helping keep operating expenses low. With strong rental potential, newer construction, minimal near-term capital improvements and convenient access to downtown, this is a distinctive opportunity for an investor looking for a turnkey addition to their portfolio. Potential cost-segregation and accelerated-depreciation opportunity; buyers should consult their tax advisor regarding individual tax benefits.

Location

State UT

County Salt Lake

Area Salt Lake City; Rose Park

Zoning Multi-Family

Interior

Interior Features Disposal, Great Room, Kitchen: Updated, Oven: Gas, Vaulted Ceilings

Heating Forced Air, Gas: Central

Flooring Carpet, Tile, Vinyl

Fireplaces Type Fireplace Equipment, Insert

Inclusions Dryer, Fireplace Equipment, Fireplace Insert, Microwave, Range, Refrigerator, Washer, Window Coverings

Equipment Fireplace Equipment, Fireplace Insert, Window Coverings

Fireplace No

Window Features Blinds,Full

Exterior

Exterior Feature Double Pane Windows, Lighting, Porch: Open, Patio: Open

Garage Spaces 2.0

Carport Spaces 2

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

View Y/N No

Roof Type Asphalt

Present Use Residential

Topography Sidewalks, Sprinkler: Auto-Full, Terrain, Flat

Porch Porch: Open, Patio: Open

Total Parking Spaces 14

Private Pool No

Building

Lot Description Sidewalks, Sprinkler: Auto-Full

Faces East

Sewer Sewer: Connected

Water Culinary

Architectural Style Stories: 2

Solar Panels Owned

Structure Type Brick,Stucco

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Jackson

Middle Schools Northwest

High Schools West

School District Salt Lake

Others

Senior Community No

Tax ID 08-35-202-029

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Solar Panels Ownership Owned

Listed by The Agency Salt Lake City

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Liz Barra

Liz Barra

License ID: 13370827-SA00

+1(801) 696-3873

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625 N 900 W #1