1034 E 800 S, Salt Lake City, UT 84102

$549,990 Asking Price

4 beds
2 baths
1,906  sqft
Built in 1911

Welcome to your next lucrative investment opportunity in the sought-after 9th and 9th district! This property is not just a home, but a potential income generator. The finished basement studio apartment with a private entrance presents a prime opportunity for additional subsidized income, ($750 a month) catering to the high demand from university students in the area. With an impressive occupancy rate, this property promises steady cash flow for savvy investors or owner occupied options while renting the studio. The property includes two spacious sheds for storage and a washer and dryer included. Upstairs, the large bedroom with its own AC unit ensures tenant comfort. (Currently renting at $1650 a month on a month to month contract) Buyer is advised to obtain independent measurements. **Motivated Seller** Seller to pay 3% towards buyers pre-paid, closing costs, and/or rate buy down. (Buyers to verify all. Please provide 24hrs notice for showings)

Features & Amenities

Interior

General:
Basement Apartment,Disposal,Kitchen: Second,Mother-in-Law Apt.,Range/Oven: Free Stdng.
Appliances:
Dryer,Refrigerator,Washer
Laundry:
Electric Dryer Hookup
Basement:
Entrance,Shelf,Walk-Out Access
Flooring:
Carpet,Hardwood,Tile
A/C:
Central Air
Heating:
Electric,Forced Air

Exterior

General:
Basement Entrance,Double Pane Windows,Walkout
Style:
Bungalow/Cottage
Parking:
Parking spaces: 0

Construction

Roofing:
Asphalt
Windows:
None
General:
Blt./Standing

Location

Originating MLS:
UtahRealEstate.com
School District:
Salt Lake
County:
Salt Lake

Lot

Topography:
Curb & Gutter, Fenced: Part
Landscaping:
Landscaping: Part
Zoning:
Single-Family, 16-08-251-008
Current Use:
Single Family

Utilities

Utilities:
Sewer Connected,Sewer: Public
Water:
Culinary
Sewer:
Sewer: Connected,Sewer: Public

Financial

Source:
UtahRealEstate.com

This listing courtesy of:
NRE, Pam Musselman

About Salt Lake City, UT

Housing

Number of Units
207,437
Median Home Value
$363,648
Median Rent
$1,047

42.36% of housing units are renter occupied.

6.92% are vacant.

Commute

Car
60.92%
Public Transportation
3.40%
Walk to Work
2.18%
Work from Home
31.89%
Other
0.65%

The median travel time to work is 15 minutes.

People

Population
503,789
Median Age
35.10
Median Household Size
2.68

Education

High School
20.12%
Associate’s Degree
7.42%
Bachelor’s Degree
25.77%
Graduate Degree
16.83%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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