1056 E 500, Salt Lake City, UT 84102
- $2,250,000
- 12
- BD
- 8,412
- SqFt
- List Price
- $2,250,000
- Status
- UNDER CONTRACT
- MLS#
- 1712113
- Days on Market
- 116
- Price Change
- ▼ $140,000 1611879693
- Year Built
- 2020
- Bedrooms
- 12
- Square Feet
- 8,412
- Acres
- 0.25
- Terms
- Cash, Conventional
- County
- Salt Lake
- Region
- Salt Lake City; So. Salt Lake
- Subdivision
- Citymod 500
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.
Additional Information
- Taxes
- $1
- Hoa Fee
- $864
- HOA Amenities
- Maintenance, Pets Permitted, Snow Removal
- Exterior Features
- Balcony, Deck; Covered, Lighting, Secured Parking, Sliding Glass Doors
- Interior Features
- Central Vacuum, Disposal, Gas Log, Great Room, Range/Oven: Free Stdng., Dishwasher: Built-In
- Floor
- Carpet, Hardwood, Tile
- Garage Spaces
- 6
- Heating
- Forced Air, Gas: Central, >= 95% efficiency
- Roof
- Rubber, Membrane
- School District
- Salt Lake
- Elementary School
- Bennion (M Lynn)
- Middle School
- Bryant
- High School
- East
- Style
- Stories: 3
- Living Area
- 8,412
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Listing courtesy of Equity Real Estate - Premier Elite Branch.