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163 S Main St, Smithfield, UT, 84335

2beds
1baths
850sqft
$979,000
$1,152price/sqft
$5,894/moest. monthly cost
$235,760/yrincome needed

About This Home

Rarely does a home offer the lifestyle of a private residence with the financial power of a commercial portfolio. This unique property features a well-maintained 850 SF cottage situated on a versatile lot that includes an established, high-income business component, perfect for a buyer looking to live for free or significantly reduce their cost of living. This 1909-built home offers classic charm and a cozy, efficient layout. Whether you are looking for a primary residence or a high-demand rental, the home provides a private living space with the added benefit of being located right on Smithfield's historic Main Street. This sale includes two established revenue streams that function as a built-in subsidy: $20,000 Net Annual Income: The on-site U-Haul business is a turnkey operation that covers a massive portion of your mortgage. 41 Self-Storage Units: A consistent, low-maintenance income stream of more than $40,000 in net operating income.

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

6/10
Summit SchoolGrades PK-60.2 mi
7/10
Sky View High SchoolGrades 8-120.7 mi
7/10
North Cache CenterGrades 7-85.5 mi

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 1909

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow/Cottage
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Window features: Blinds
  • Flooring: Carpet,Linoleum
  • Finished area above ground: 850

Interior Area

  • Total structure area: 850
  • Total interior livable area: 850 sqft

Master Bedroom

  • Level: First

Property

Accessibility

  • Accessibility features: Single Level Living

Details

  • Parcel number: 080730019
  • Zoning: CBD
  • Zoning description: Commercial

Features

  • Stories: 1
  • Patio & porch: Porch,Open Porch
  • Fencing: Partial
  • Has view: Yes
  • View description: Mountain(s)
  • Topography of land: Terrain
  • Residential vegetation: Landscaping: Part

Lot

  • Lot size: 0.63 Acres
  • Lot size dimensions: 0.0 x 0.0 x 0.0

Parking

  • Total spaces: 21
  • Uncovered spaces: 21