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    1056 E 500 S

    Salt Lake City, UT 84102
    • $2,250,000
    • STATUS: Active Under Contract
    • ON SITE: 110 days
    • ID#: 1712113
    Under Contract
    UPDATED: 21 min ago
    $2,250,000
    • 12
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,412
      SQFT
    • $267
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    HOA allows for short-term rentals! Perfect investment for corporate or short-term rentals. Brand new, huge townhome 3-plex perched just above downtown Salt Lake City close to the University of Utah. Perfectly located downtown and University professionals: attorneys, professors, physicians, tech workers, etc. Each unit boasts roughly 2800 sq feet, 9 foot ceilings, 2-car garages with storage, gas fireplaces, 2 balconies, including a master balcony with wintertime views of the city. Each comes finished with hardwood floors, designer leathered granite countertops, black stainless steel appliances, central vac, 50-amp electric car chargers, ceiling fans. PLEASE NOTE: rents are estimated per market research of similar rental properties. There are no leases in place yet. Units are being marketed individually as well. These are one-of-a-kind units and will be in high demand as Downtown and the University areas continue to grow at record rates. Middle unit appraised for $800,000 in May. VERTICAL CEDAR FENCE TO BE INSTALLED. WAITING ON LUMBER DUE TO COVID DELAY.

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    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2021-03-01T13:36:57.893. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.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. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
    www.allutahhouses.com/homes/111768478
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    1056 E 500 S Salt Lake City, UT 84102

    • Price: $2,250,000
    • Status: Active Under Contract
    • Updated: 21 min ago
    • ID#: 1712113
    12
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    8,412
    SQFT
    $267
    $/SQFT
    2020
    Built
    Neighborhood:
    Citymod 500
    County:
    Salt Lake
    Area:
    Salt Lake City; So. Salt Lake
    Elementary School:
    Bennion (M Lynn)
    Middle School:
    Bryant
    High School:
    East
    School District:
    Salt Lake
    Property Description
    HOA allows for short-term rentals! Perfect investment for corporate or short-term rentals. Brand new, huge townhome 3-plex perched just above downtown Salt Lake City close to the University of Utah. Perfectly located downtown and University professionals: attorneys, professors, physicians, tech workers, etc. Each unit boasts roughly 2800 sq feet, 9 foot ceilings, 2-car garages with storage, gas fireplaces, 2 balconies, including a master balcony with wintertime views of the city. Each comes finished with hardwood floors, designer leathered granite countertops, black stainless steel appliances, central vac, 50-amp electric car chargers, ceiling fans. PLEASE NOTE: rents are estimated per market research of similar rental properties. There are no leases in place yet. Units are being marketed individually as well. These are one-of-a-kind units and will be in high demand as Downtown and the University areas continue to grow at record rates. Middle unit appraised for $800,000 in May. VERTICAL CEDAR FENCE TO BE INSTALLED. WAITING ON LUMBER DUE TO COVID DELAY.
    Exterior Features

    Architectural Style Stories: 3 Attached Garage YN No Carport Spaces 0 Carport YN No Construction Materials Cinder BlockStuccoMetal Siding Construction Status Blt./Standing Covered Spaces 6 Exterior Features BalconyDeck; CoveredLightingSecured ParkingSliding Glass Doors Frontage Length 0.0 Garage YN Yes Horse Property YN No Lot Features Fenced: PartSprinkler: Auto-FullView: Valley Lot Size Dimensions 0.0X0.0X0.0 Mobile Length 0 Mobile Width 0 Open Parking Spaces 0 Open Parking YN No Other Equipment Fireplace Insert Parking Features Secured Parking Total 6 Pool Private YN No Roof RubberMembrane Spa YN No Topography Fenced: PartSprinkler: Auto-FullTerrainFlatView: Valley Vegetation Landscaping: Full View Valley View YN Yes Waterfront YN No

    Interior Features

    Above Grade Finished Area 0 Accessibility Features Accessible Hallway(S)Accessible Kitchen Appliances Basement Finished Percentage 0 Bathrooms One Quarter 0 Bathrooms Partial 0 Building Area Total 8412 Cooling YN No Fireplace Features Insert Fireplace YN No Fireplaces Total 0 Flooring CarpetHardwoodTile Heating Forced AirGas: Central>= 95% Efficiency Heating YN True Interior Features Central VacuumDisposalGas LogGreat RoomRange/Oven: Free Stdng.Dishwasher: Built-In Laundry Features Electric Dryer Hookup Main Level Bedrooms 0 Rooms Total 0

    Property Features

    Association Amenities MaintenancePets PermittedSnow Removal Association Fee 864 Association Fee Frequency Monthly Association Fee Includes Maintenance Grounds Association YN Yes Capitalization Rate 0 Cross Street 500 Current Use Residential Exclusions See Remarks Inclusions Ceiling FanFireplace InsertFreezerMicrowaveRangeRange HoodRefrigerator Irrigation Water Rights Acres 0 Lease Amount 0 Lease Considered YN No Listing Terms CashConventional New Construction YN No Number Of Pads 0 Number Of Units Leased 0 Power Production Solar Year Install 0 Property Attached YN No Property Condition Blt./Standing Property Sub Type Triplex Senior Community YN No Sewer Sewer: ConnectedSewer: Public Tax Annual Amount 1 Utilities Natural Gas ConnectedElectricity ConnectedSewer ConnectedSewer: PublicWater Connected Water Source CulinaryIrrigation: Pressure Zoning Multi-Family Zoning Description Mf

    Listing provided courtesy of Equity Real Estate - Premier Elite Branch. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2021 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2021-03-01T13:36:57.893. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.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. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
     
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