$719,000

Property Details

Unit Mix

Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.

Description

Here's your chance to own a unique home or investment property in the Marmalade District, just below the Utah State Capitol. This well-maintained property is full of character and includes two separate units. The upstairs unit offers 3 bedrooms, 1 bathroom, an electric stove, refrigerator, dishwasher, microwave, and a stackable washer and dryer in the kitchen closet. The downstairs unit has 2 bedrooms, 1 bathroom, a gas stove, refrigerator, dishwasher, microwave, and its own laundry room with a washer and dryer. All appliances come with the sale. Each unit has its own furnace, AC, water heater, gas meter, and electric meter. This property is a great option for an owner-occupant or as an investment, with strong income potential and about an 8% cap rate if both units are rented. The private backyard features raised garden beds and a quiet spot to relax. The property includes three parking spaces and a one-car garage in the back, with parking that can be divided between the units as needed. This home is blocks away from the Marmalade Branch Library, the Capitol, and the heart of downtown with Temple Square, City Creek, the Delta Center, and The Gateway. UTA bus service is available on either end of the street. I-15 access is just a few blocks away. ** >>BUYERS INCENTIVE: Buyers may choose a lender-paid 1-0 temporary buydown, providing a 1% lower interest rate during the first year, OR up to a $5,000 lender credit toward eligible closing costs! Incentive offered by Nikko Denis at Intercap Lending. Buyer must qualify, program eligibility, pricing, rates are subject to change without notice. ** Contact us today to schedule a private tour!