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268 W 700 N, Salt Lake City, UT 84103
$775,000
268 W 700 N, Salt Lake City, UT 84103
Units
4
Price/Unit
$193,750
Price/Sqft
$342
Est Gross Yield
7.4%
$57,168/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 1BR / 1BA | 1 | 1 | 1 | 567 | $1,250/mo |
| 1BR / 1BA | 1 | 1 | 1 | 567 | $975/mo |
| 1BR / 1BA | 1 | 1 | 1 | 567 | $1,150/mo |
| 1BR / 1BA | 1 | 1 | 1 | 567 | $1,175/mo |
| Total | 4 | 4 | 4 | 2,268 | $4,550/mo |
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
Walkable Marmalade money maker! Easy to manage/rent, income producer in the heart of the Marmalade district. Walking distance to downtown SLC, public transportation and many other amenities. Great freeway access. All four 1 bed/1 bath units (2 up 2 down) have the same layout and various levels of upgrades. All units have their own furnace, water heater, washer/dryer, full baths, and double paned windows. Full roof replacement in Aug '24. Lower level units are "garden" level with full sized windows and abundant natural light in every room. Separately metered with each unit having their own gas and electric bill.268 A is month to month at $1250/month. 268 B is month to month at $1150/month. 270 A is $975/month with a long term tenant who is moving out at the end of August. This unit will need some work. 270 B tenant just moved out, was at $1175/month ($1125/month base + $50/month pet fee). This unit is currently vacant and available to view. Seller financing will be considered with the following terms: 1) Full price offer. 2) ~50% down payment. 3) 5.5% interest only years 1-2, 7% years 3-5. Please see attached documents including recent survey. Owner recently sold part of this parcel to the neighbor and terminated legacy parking easement/lease which had been tied to the property.
Listed by Richard Huntsman · Paras Real Estate
Location
268 W 700 N, Salt Lake City, UT 84103
Proforma
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Cap Rate
4.91%
Cash-on-Cash
0.61%
Cash Flow
$148/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 8/25/2026, 2:49:11 AM. 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.