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121 S Main St, Salem, UT, 84653

3beds
1baths
1,404sqft
$524,900
$374price/sqft
$3,136/moest. monthly cost
$125,440/yrincome needed

About This Home

TWO HOMES FOR THE PRICE OF ONE! SELLER FINANCING AVAILABLE. 4.75% RATE! Rare commercial-zoned investment or owner-occupant opportunity with built-in income. Two separate homes on one lot in a prime Salem location just steps from Salem Ponds, within walking distance to schools, one block from the sports complex, and minutes to shopping, dining, and commuter routes. The main home (built 1906) features 3 bedrooms and 1 bath and is currently rented below market at $1,450/month (Month to Month). The Second Home (ADU) (built 1950) offers 1 bedroom and 1 bath with a tenant at $1,275/month, month-to-month, and is approved for short-term/nightly rental, providing excellent flexibility and upside. Perfect house-hack or cash-flow investment-rent one or both units with minimal management. Tenants pay their own utilities and handle yard maintenance, making this a hands-off property. Both homes are in great condition and well maintained. Additional features include a large storage shed divided into three separate sections for tenants/owner use. A smaller shed is tenant-owned and excluded from the sale. Square footage is provided as a courtesy estimate from a recent appraisal. Buyer to verify all measurements. Do not disturb tenants. Live showings Are Available with 48 Hours Notice. Agent is Related to the Seller.

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

6/10
Salem SchoolGrades PK-60.2 mi
5/10
Salem Junior High SchoolGrades 7-90.8 mi
7/10
Salem Hills High SchoolGrades 9-120.4 mi

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 1906

Materials

  • Foundation: Slab
  • Roof: Asphalt
  • Construction materials: Asphalt,Stucco

Notable Dates

  • Major remodel year: 1906

Type & Style

  • Home type: SingleFamily
  • Architectural style: Rambler/Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Free-Standing Range
  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Accessory Apt,In-Law Floorplan
  • Flooring: Carpet,Tile
  • Finished area above ground: 1,404

Heating & Cooling

  • Heating features: Forced Air,Central
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 1,404
  • Total interior livable area: 1,404 sqft

Property

Details

  • Parcel number: 090250004
  • Zoning description: Single-Family, Multi-Family, Commercial

Features

  • Stories: 2
  • Patio & porch: Porch,Open Porch
  • Fencing: Partial
  • Has view: Yes
  • View description: Mountain(s)
  • Topography of land: Terrain
  • Residential vegetation: Landscaping: Full,Mature Trees,Pines

Lot

  • Lot size: 9,147 sqft
  • Features: Corner Lot,Sprinkler: Manual-Part
  • Lot size dimensions: 0.0 x 0.0 x 0.0

Parking

  • Total spaces: 8
  • Parking features: Open,RV Access/Parking
  • Has uncovered spaces: Yes
  • Uncovered spaces: 8