PEARSON & ASSOCIATES

Stories: 2

625 N 900 W 1

Salt Lake City, UT 84116

MLS#: 2187896

$995,000

Status: Active
Listing number: 2187896
Listing provided by: The Agency Salt Lake City
Listing agent phone: None
Last update: 2 days ago
New on site 3 days ago
Browse Properties
ROSE PARK - Residential

Property

Beds

7

Full Baths

None

1/2 Baths

None

Year Built

1896

Sq.Footage

2,380

Exceptional three-unit investment opportunity just minutes from downtown Salt Lake City! This unique Rose Park property combines an updated 3 bed 2 bath single-family home with a newer two-story duplex on the same large lot. The duplex features two 1,000 sq. ft. 2-bedroom, 2-bath units, each currently renting for $1,950/month. The front home offers an additional $2,000 in rental income, bringing projected combined rents to approximately $6,000/month. Each of the three units features its own fireplace and in-unit laundry, while the duplex has recently been refreshed with new carpet, paint, blinds and AC units. The front home is thoughtfully updated and includes solar panels and a 2 car garage/carport. Tenants pay all utilities, helping keep operating expenses low. With strong rental potential, newer construction, minimal near-term capital improvements and convenient access to downtown, this is a distinctive opportunity for an investor looking for a turnkey addition to their portfolio. Potential cost-segregation and accelerated-depreciation opportunity; buyers should consult their tax advisor regarding individual tax benefits.

Features & Amenities

Interior

  • Other Interior Features

    Vaulted Ceiling(s)

  • Total Bedrooms

    7

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Fireplace Insert, Central, Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Brick, Stucco

  • Other Exterior Features

    Lighting

  • Parking

    Detached

  • Patio and Porch Features

    Patio, Porch

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.31

  • Lot Size(square feet)

    13,503

  • Property Type

    Residential

  • Property Sub Type

    Triplex

  • Architectural Style

    Stories: 2

Price

  • Sales Price

    $995,000

  • Tax Amount

    $2,702

  • Zoning

    1105

  • Sq. Footage

    2,380

  • Price/SqFt

    $418

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    Salt Lake

  • Middle School

    Northwest

  • High School

    West

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

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Location

County

Salt Lake

Elementary School

Salt Lake

Middle School

Northwest

High School

West

Listing Courtesy of Carolyn Chavez, The Agency Salt Lake City

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Micah Pearson

Principal Broker

Micah Pearson

Call Micah today to schedule a private showing.

(801) 225-7272

micahpearson@gmail.com


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Exceptional three-unit investment opportunity just minutes from downtown Salt Lake City! This unique Rose Park property combines an updated 3 bed 2 bath single-family home with a newer two-story duplex on the same large lot. The duplex features two 1,000 sq. ft. 2-bedroom, 2-bath units, each currently renting for $1,950/month. The front home offers an additional $2,000 in rental income, bringing projected combined rents to approximately $6,000/month. Each of the three units features its own fireplace and in-unit laundry, while the duplex has recently been refreshed with new carpet, paint, blinds and AC units. The front home is thoughtfully updated and includes solar panels and a 2 car garage/carport. Tenants pay all utilities, helping keep operating expenses low. With strong rental potential, newer construction, minimal near-term capital improvements and convenient access to downtown, this is a distinctive opportunity for an investor looking for a turnkey addition to their portfolio. Potential cost-segregation and accelerated-depreciation opportunity; buyers should consult their tax advisor regarding individual tax benefits.

625 N 900 W 1

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