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

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Equity Real Estate - Premier Elite Branch.