1 / 27
121 S MAIN ST, Salem, UT 84653
$575,000
121 S MAIN ST, Salem, UT 84653
Type
SFR
List Price
$575,000
Price/Sqft
$288
Est Gross Yield
5.2%
$30,000/yr est.
Property Details
Description
**2 HOMES ON ONE LOT! WALK TO SALEM POND & KNOLL PARK! OVER 20 PARKING SPACES! ONLY $575,000!** LOCATION, LOCATION, LOCATION! Just an easy walk to beautiful **Salem Pond and Knoll Park**, where you can enjoy scenic walking trails, fishing, playgrounds, picnic areas, and outdoor recreation right in your neighborhood! This incredible Salem property offers TWO completely detached homes on ONE lot, each with separate utilities, excellent rental history, and tremendous income-producing potential! Whether you're an investor seeking multiple rental income streams, a homeowner wanting to live in one home while renting the other, or someone needing room for vehicles, trailers, RVs, boats, and toys, this property delivers! The spacious main home features 3 bedrooms and 1 bathroom and has undergone an EXTENSIVE REMODEL, including a beautiful NEW kitchen with NEW appliances, NEW bathroom with walk-in shower, NEW LVP flooring throughout the main level, new carpet in the primary bedroom and upstairs, fresh interior paint, updated exterior trim, TWO new front doors, updated lighting, and ceiling fans! The completely detached second home offers 1 bedroom and 1 bathroom with its own kitchen, separate utilities, and private living space. Recent improvements include NEW kitchen cabinets, countertops, sink, faucet, appliances, and fresh paint! **BUT WAIT... THE PARKING IS A GAME CHANGER!** With room for OVER 20 VEHICLES, this property offers an extraordinary combination of concrete driveways and expansive gravel parking areas, perfect for cars, trucks, work vehicles, trailers, RVs, boats, recreational toys, or business-related parking needs! **BONUS: COMMERCIAL MASTER PLAN DESIGNATION!** Explore the possibilities for future commercial use, investment, or short-term/nightly rental opportunities, subject to applicable zoning, approvals, and regulations. With two independent homes, substantial recent improvements, flexible living arrangements, and parking capacity rarely found in this price range, the possibilities are exciting! **TWO HOMES. ONE LOT. WALK TO SALEM POND. MASSIVE PARKING. MULTIPLE POSSIBILITIES. ALL FOR JUST $575,000!** Opportunities like this don't come along every day. Schedule your private showing today!
Listed by Roger W Berg · Real Estate with Roger a Professional Limited Liability Company
Location
121 S MAIN ST, Salem, UT 84653
Proforma
Drag sliders to explore the deal
Cap Rate
3.47%
Cash-on-Cash
-3.22%
Cash Flow
-$578/mo
Quick estimates only. Switch to Detailed for full line-item control.
Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.
© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/11/2026, 11:59:52 PM. 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. Listing data provided by UtahRealEstate.com.