250 N State St E, Salt Lake City

$1,060,000

7 Beds
5 Baths
3,948 Sqft
.19 Acre
1 Garage

Just STEPS from the Capital building, this triplex will not disappoint. This amazing property can be setup for owner occupant or as a legacy investment property. Perfect for all options, including 1031 exchange. Strong rents in this amazing property will allow for strong investment potential, with total rents at $5,635 and tenants paying their own power and gas utilities. This meticulously maintained property had a brand new roof installed in 2021, and all brand new windows in 2022. Some upgrades have taken place inside the home including some bathrooms and kitchen work. Unit 1 features a townhome style unit with 3 bed and 2.5 baths as well as a 1 car garage. The other 2 units are 2 bed 1 bath. Property features plenty of off-street parking and 3 spot carport. Owner owns all 3 sets of washer, dryer, and all 3 refrigerators. Owner pays water sewer garbage which is ~$200/month. Tenants pay power and gas on their own. Don't miss out on this rare chance to own a triplex in one of Salt Lake City's most desirable neighborhoods. This legacy property is a true gem in the heart of the city.

Essential Information
MLS® #1973599
Price$1,060,000
Bedrooms7
Bathrooms5.00
Square Footage3,948
Acres0.19
Year Built1938
TypeResidential
Sub-TypeTriplex
StyleOther/See Remarks
StatusActive
Community Information
Address250 N State St E
AreaSalt Lake City: Avenues Area
CitySalt Lake City
CountySalt Lake
StateUT
Zip Code84103
Amenities
Parking Spaces3
# of Garages1
ViewMountain(s)
Utilities

Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected

Interior
InteriorCarpet,Hardwood,Vinyl
Interior FeaturesDishwasher: Built-In
HeatingForced Air,Gas: Central
Exterior
Exterior FeaturesPatio: Covered,Porch: Open
WindowsBlinds
RoofAsphalt
ConstructionAluminum
Lot Description

Corner Lot,Road: Paved,Sidewalks,Sprinkler: Auto-Part,Terrain: Hilly,View: Mountain

School Information
DistrictSalt Lake
ElementaryEnsign
MiddleBryant
HighWest
Additional Information
Date ListedJanuary 3rd, 2024
Days on Market121
ZoningMulti-Family
Listing Details
AgentCody Steck
OfficeReal Broker, LLC
Contact Details646-859-2368
Property History
Price Reduced from $1,099,000 to $1,060,000
Price Reduced from $1,149,900 to $1,099,000
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 250 N State St E, Salt Lake City, UT

Photo of Listing #1992920

840 S West Temple, Salt Lake City

$925,000 - 4 Beds, 3 Baths, 3,402 Sf

MLS® # 1992920

Katherine Laub Homie 385-429-6888
Photo of Listing #1991055

1116 E 400 S, Salt Lake City

$1,100,000 - 5 Beds, 4 Baths, 2,596 Sf

MLS® # 1991055

Kris Mortensen Mountain West Commercial LLC 801-456-8800
Photo of Listing #1991053
New Listing

2240 E 3380 S, Millcreek

$1,150,000 - 7 Beds, 6 Baths, 3,781 Sf

MLS® # 1991053

Kris Mortensen Mountain West Commercial LLC 801-456-8800

Terms Of Use

Information deemed reliable but not guaranteed accurate. Buyer to verify all information.

The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.