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Address
1056 E 500 S Salt Lake City, UT
Price
$ 2,380,000
Property Attributes
  • MLS#1712113
  • TypeMulti-Family
  • CountySALT LAKE
  • CitySalt Lake City
  • AreaSalt Lake City
  • NeighborhoodCitymod 500
  • Zip84102
  • Style3 - Story
  • Year Built2020
  • Taxes1
  • Price$ 2,380,000
  • Bedrooms12
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage8412
  • Lot Size10,890 SqFt
Listing Provided Courtesy Of:
Equity Real Estate - Premier Elite Branch
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.

Elementary School Middle School High School
Bennion (M Lynn) Elementary School Bryant Middle School East High School
Price History
11/11/2020 Listed $2,380,000

General Features

Accessibility 36 Wide Hallways, Frnt-Cntrld Stove/Oven
Amenities Electric Dryer Hookup, Home Warranty, Laundry: Hookups
Animals Pets > 75 Lbs.
Area Salt Lake City; So. Salt Lake
Front Facing No
Garage Built-In, Opener
HOA Amenities Maintenance Paid, Pets Permitted, Snow Removal
HOA Fee 1110
HOA Y/N 1
Heating Forced Air, Gas: Central, >= 95% efficiency
Hoa Terms Monthly
Quadrant SE
Roof Rubber (EPDM), Membrane
School District Salt Lake
Status Active
Style 3 - Story
Subdivision CITYMOD 500
Terms Cash, Conventional
Units 3
Utilities Gas: Connected, Power: Connected, Sewer: Connected, Sewer: Public, Water: Connected
Water Culinary, Irrigation: Pressure
Year Built 2020
Zoning Multi-Family

Interior Features

Features Interior Central Vacuum, Dishwasher: Built-In, Disposal, Gas Log, Great Room, Range/Oven: Free Stdng.
Flooring Carpet, Hardwood, Tile

Exterior Features

Driveway Concrete
Exterior Cinder Block, Metal, Stucco
Features Exterior Balcony, Deck: Covered, Outdoor Lighting, Secured Parking, Sliding Glass Doors
Garage Capacity 6
Landscape Landscaping: Full
Lot Facts Fenced: Part, Sprinkler: Auto-Full, Terrain: Flat, View: Valley

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 84102

Price
AVG $1.64M
$2.38M
Visits
AVG 17
23
Year Built
AVG 1958
2020
Walkscore
AVG 73
71
Data Provided by Walkscore ® not using MLS data

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