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1238 W 700 S, Salt Lake City, UT, 84104

4beds
2baths
1,475sqft
$525,000
$356price/sqft
$3,391/moest. monthly cost
$135,640/yrincome needed

About This Home

Incredible investment opportunity in an unbeatable Salt Lake location, close to parks, shopping, and restaurants. Side by side, single-level duplex, each side with its own 2 full bedrooms and 1 full bathroom. The front unit was recently updated within the past year, including new light fixtures, carpets, and paint throughout. Major recent capital improvements include a new sewer lateral liner and windows. The property has been a phenomenal rental, with prospective tenants calling even when it's not listed. Each unit has a separate entrance, driveway, and individual in-unit washer and dryer hookups. The property was built as a legal duplex with two gas and two electric meters. Both units are currently leased, but the property is ideal for an owner-occupant to "house hack" in Salt Lake County with an FHA loan at only 3.5% down, or for an investor to 1031 exchange into an excellent income-producing property and receive market rents! Owner/Agent.

Getting Around

49
WalkingCar-Dependent
44
TransitSome Transit
71
BikeVery Bikeable

Schools

4/10
Franklin SchoolGrades PK-60.6 mi
7/10
Glendale Middle SchoolGrades 6-81.2 mi
3/10
Innovations High SchoolGrades 9-122.5 mi

Construction

Condition

  • Property condition: Blt./Standing
  • Year built: 1961

Materials

  • Roof: Membrane

Notable Dates

  • Major remodel year: 2002

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Window features: Double Pane Windows
  • Flooring: Carpet,Tile

Heating

  • Heating features: Central

Interior Area

  • Total structure area: 1,475
  • Total interior livable area: 1,475 sqft

Property

Accessibility

  • Accessibility features: Single Level Living

Details

  • Parcel number: 1511102015
  • Attached to another structure: Yes

Features

  • Fencing: Partial
  • Residential vegetation: Landscaping: Full

Lot

  • Lot size: 6,098 sqft
  • Lot size dimensions: 0.0 x 0.0 x 0.0

Parking

  • Total spaces: 4
  • Parking features: Open
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4